Posts Tagged ‘Business Impact Analysis’

BCM Trends for 2019

2019 BCM Trends

The Disaster Recovery Institute (DRI) recently released its 4th Annual BCM Trends and Predictions Report, which provides predictions for resilience trends in 2019. There are 10 predictions in the report, but this article will explore 5 with highest impacts. Business continuity planners must always be on the lookout for such trends to ensure that their…

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BCM Program Governance is a key for it’s success

Importance of Governance to the success of BCM Programs

According to Investopedia.com, governance is defined as “the system of rules, practices and processes by which a firm is directed and controlled.” Governance is a vital part of every organization, because it ensures that employees and management at all levels of the organization are doing the right things and working to reach the same common…

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Not another audit?

An Audit

An Audit. Again? Some organizations think of audits as tedious, and often unnecessary, accounting procedures, rather than as a powerful business tool that can be used to improve the organization’s capabilities. At its core, an audit is simply an assessment used to discover which areas the business will require a focus in the future. These…

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Risk Assessment – Is it worth the time and effort?

Risk Assessment Post

Should your organization execute a Risk Assessment? Is it worth the time and effort? It is often a long and complicated process, which may discourage some organizations from fully committing to it. This article will address the importance of the Risk Assessment as a general business tool, as well as in the context of Business…

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Why the Business Impact Analysis is Challenging for an Organization with Constant Changes

Why the Business Impact Analysis is Challenging for an Organization with Constant Changes

In a Business Continuity Management (BCM) Program, there are specific professional practices that must be adhered to. The Disaster Recovery Institute (DRI) outlines first steps as Business Continuity Management (BCM) Program Initiation and Risk Assessment, with the third being the Business Impact Analysis (BIA). This practice is outlined by the following tasks: Identify and prioritize the…

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