The Ultimate Guide to Business Impact Analysis (BIA): Understanding Job Responsibilities
Introduction In today’s fast-paced business environment, organizations face numerous risks that can impact their operations, revenue, and reputation. According to a report by the Business Continuity Institute, 70% of organizations worldwide have experienced at least one disruption in the past 12 months. To mitigate these risks, organizations must conduct a Business Impact Analysis (BIA). A BIA is a crucial step in business continuity planning that helps organizations identify and assess the potential impact of disruptions on their operations. In this blog post, we will delve into the world of BIA and explore the job responsibilities involved in conducting a successful analysis. ...