Business impact analysis: Keeping critical impact in perspective
Barry Cardoza
Journal of Business Continuity & Emergency Planning, 2006, vol. 1, issue 1, 11-19
Abstract:
Business impact analysis (BIA) is a relatively new science. Widely recognised standards and best practices have not yet evolved. There is a great deal of debate about both what a BIA should include and how it should be performed. However, defining ‘critical impact’ and then determining how to keep that definition in perspective is essential to any BIA process. This paper leads the reader through key considerations regarding how the BIA itself can determine what is truly critical, keep the definition of critical impact in perspective for the institution as a whole, and continuously adjust the definition of critical impact to the dynamics of an ever-changing institution.
Keywords: BIA; impact; analysis; critical; risk; recovery; reputation; RTO (search for similar items in EconPapers)
JEL-codes: M1 M10 M12 (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jbcep0:y:2006:v:1:i:1:p:11-19
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