Redefining the BIA – Usefulness and Uses
If we agree on the basic premise that Business Continuity can be defined as sustaining what is critical to the enterprise’s survivability during periods of discontinuity; then we must recognize that the activity known as the Business Impact Assessment (Analysis) or BIA needs to be redefined. The BIA, as currently practiced does not necessarily achieve the following:
- Define what is critical to the organization;
- Develop strategies to recover/sustain during times of discontinuity.