While it’s important for businesses to perform risk assessments, it’s equally important to initiate a business impact analysis (BIA) in order to maximize business continuity. Why? Simply because the crux of any recovery is about whether it is achieved in a reasonable time, and BIA, if performed effectively, will determine exactly that. Knowing this, isn’t it time you for you to have a look at some tips for successful business impact analysis? Five tips for successful business impact analysis: Treat it as a (mini) project: Define the person responsible for BIA implementation and their authority. You should also define the […]
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