Business Impact Analysis (BIA)
It’s everyone’s favorite time of the year. Time for the Business Impact Analysis! “Woohoo!” Are you the only person that feels this way? Or just the regulators or your company’s biggest clients? How do your business units feel about performing the annual BIA for their function/location? What about senior leadership? Do they realize its importance? Do they take it seriously?
Whether you use software, spreadsheets, surveys, or workshops to drive this process . . . imagine having each of the business units understand what a BIA is, what impacts they will be measuring, what the criteria will be, and what documentation they will need. So before you take a business unit “off the production floor,” engage them with standardized (and customized to your program) training to make the entire BIA process simple, viable, and efficient.
How does Ripcord training become a reality?