Contingency Now's Business Impact Analysis (BIA) is one of the most
comprehensive analysis of an organization’s operations and
internal/external business environments. Contingency Now’s Business
Impact Analysis is a multi-faceted assessment that examines,
measures and produces financial loss expectations, gap analysis,
risk mitigation recommendations, and the development of an initial
enterprise-wide recovery program coupled with a continuous
improvement initiative.
One of the foundational objectives for developing a Business Impact
Analysis is to discover and validate the financial consequences a
business interruption or disaster would have on an organization. By
having your organization work through this rigorous process, the end
result will produce the following benefits:
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• Assessment of where your enterprise is
vulnerable, the magnitude of each exposure, level of risk,
and the planning steps necessary to mitigate the identified
risk.
• Alignment of organizational services and/or production
with applications and systems.
• Discovery of how the revenue streams or legal dependencies
are impacted due to functional losses.
• Identification of process gaps and redundancies and create
efficiencies which will garner increased Return on
Investment (ROI) and decreasing Total Cost of Ownership (TCO). |
Upon completion of the Business Impact Analysis, your
organization will know how to execute an effective turnkey recovery
plan that protects your business operations continuity.
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