Business Impact Analysis
The Business Impact Analysis is used to identify critical processes and the resources required for them. The aim is to identify and name the critical processes and critical resources, to present the dependencies between individual resources and to determine the priority for the recovery of critical resources.
This identifies the organization’s vulnerable assets and defines the basis for a BCM strategy, in particular the basis for the organization’s emergency planning.
Everyone involved was extremely satisfied with how the BC Consulting team guided us through the business impact analysis with bcIMPACT. The cooperation was great from the beginning.
What Is Part of Business Impact Analysis?
- Recording and evaluating processes: Which activities and services are particularly critical for your company?
- Assess impact: Financially, legally, operationally, reputationally, and many more – from a business perspective.
- Determine metrics: restart time, maximum downtime, criticality priority, or emergency operating level.
- Analyze resource dependencies: IT systems, locations, suppliers, personnel, infrastructure, etc.
- Determine the need for protection: availability, integrity, confidentiality, authenticity – possibly linked to information security.
- Creating the basis for resilience measures: Results form the roadmap for emergency and recovery plans, gap analyses and protection concepts.
Where We Support You
1
Develop or adapt BIA methodology
Are you starting from scratch or want to optimize your existing approach? We provide the right structure – practical and understandable.
2
BIA Interviews
We accompany your departments in the analysis – methodologically sound, targeted and efficient.
3
BIA Review & Maturity Check
We analyze existing BIA results for completeness, consistency and compatibility with emergency planning.
4
Integration into the BCM system
We ensure the integration of the BIA into the existing BCM process.
Your Benefits at a Glance
We help you to implement the BIA in such a way that it actually provides orientation: for decisions in an emergency, for planning measures and for communication with management and departments.
- Structured overview of critical processes and resources
- Reliable key figures that you can use to justify measures and budgets
- Professionally sound moderation of the BIA interviews, which involves all participants
- Transparent decision-making basis for emergency planning, restart and investments
- Overall presentation in the BIA Report incl. further recommendations for action
- Basis for new regulatory requirements
Digital BIA: Clarity on Impact and Priorities
With bcIMPACT , you can record and evaluate critical business processes, resources and dependencies in a structured, traceable and standard-compliant manner. The module supports you in collecting relevant key figures such as RTO, MTPD or RPO – as a sound basis for emergency planning and prioritization.
Other Building Blocks for Your BCM System
The First Step Towards Resilience: Contact us!
Together, we strengthen your company’s resilience – with well-thought-out BCM that works. Let us advise you without obligation.