How to Conduct Business Impact Analyses (BIAs)

In the post-COVID world, organisations recognise that is it imperative to be both well-prepared and resilient to a range of potential, and often entirely unpredictable, disruptions.  Whilst many organisations have business continuity arrangements and more specifically, plans (BCPs) in place, URM often finds that these plans are not based on a thorough and consistent analysis of the organisation’s requirements i.e., a business impact analysis (BIA), but more on the ‘feelings’ and opinions of a small number of individuals.  As a result, the arrangements do not adequately address the most critical functions, processes, and resources.  This can then lead to prioritisation errors, resources being misallocated, and time wasted on identifying inappropriate strategies.

In this webinar, URM will provide advice on how to approach conducting BIAs in order that you can better understand the specific impacts of various scenarios, inform your decision-making, and ultimately enable your organisation to navigate uncertainties more effectively and with greater confidence.

By attending this BC BIA webinar, you will learn:

• How to gain buy in from senior management
• How to derive a consistent framework for conducting a BIA
• The different delivery methods
• The key components of BIAs
• How to approach verification
• Pitfalls to avoid
• Key success criteria
• Next steps

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