Resilience in Business and Operations (For Beginners)
The course provides an overview on The key components of a business case for business continuity, Business Impact Analysis, Understanding Organizational Context, Plan Do Check Act and much more.
Business Resilience-Definition
Every business strives for perpetual existence
Average composition of an organization includes
Building resilience is amongst best practices but there are challenges
The key components of a business case for business continuity
Definition-Business Impact Analysis
Business Impact Analysis
List down organizational dependencies
Dependency Structure Matrix
Understanding Organizational Context
Organization Chart-Who is who?
List down Special Requirements
Geographical Spread of business -boundaries
Business Resilience always is a top down initiative
Understand the IT infrastructure
Understand the services from vendors and consultants
Understand the legal & regulatory landscape
ISO 22301 for business continuity applies the PDCA model to processes
PDCA is Plan Do Check Act
Study the business impact factors
Recovery Time Objectives (RTO) & Recovery Point Objectives (RPO)
Determining Recovery Objectives
Maximum Tolerable Period of Disruption (MTPOD)
Different Methods for Impact Analysis
Points to be considered after BIA exercise
Analytical Methods in BIA
APPLICATION IMPACT ANALYSIS
Threat Impact Analysis-a preclude to risk assessment
Organization of BCMS Team
A good BIA strategy leads to good business resilience in the organization
Securing Business by annual business impact analysis and risk assessment exercise
Additional Reading
Riskpro Video
Riskpro Brochure
About Riskpro
Thank You