Business continuity plan and Business impact analysis process with Inclus
Secure the continuity of your business in case of unexpected disruptions or external shocks. Identify the critical resources and understand the business impacts.
Inclus Business Impact Analysis will help you to assess, or even quantify, the business impact of your critical IT, Infrastructure, or personnel. Understanding their implications to your key processes or entire business, allows to create business continuity plans or incremental process improvements.
Systems mapping allows visualizing various interdependencies as well as common resources between processes. As a result, you get a list of the most critical resources based on their overall severity of their impact and suggestions for the contingency plan.
Step 1: Identification session:
Identify critical resources and/or processes that would be targets of disruptions.
Critical process examples:
- IT processes (Security)
- Procurement & financial processes
- Compliance processes
Critical resource examples:
- Organizations personnel
- IT providers
- Premises of the organization
Invite personnel to prioritize and identify these critical processes and comment to clarify what kind of disruptions could happen to these processes.
Step 2: Assessment phase:
Setup:
Decide and modify the criteria on how to assess the disruptions on certain business areas.
These could be for example:
- Duration of the caused disruption for business area
- Impact of the disruption for the business area
- Size of the business area (in euros)
- Total disruption cost (aggregate criteria calculating the total cost impact of the disruption)
Invite functions via email to assess the effect of disruptions/interruptions from their own perspective in critical processes to different resources/business units.
Step 3: Analyze and view comprehensive overview of the assessment results.
Step 4: Decide and assign mitigation actions based on the results
Step 5: Save your business continuity plan document as an attachment as a task to be edited in ongoing basis.
Step 6: Automatize the next round of identification and assessment to adjust the business continuity plan for changing business environment.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article