BUSINESS IMPACT ANALYSIS SERVICE
Business Impact Analysis (BIA) Services help organizations assess risks from unexpected events and develop precise Business Continuity Plans with expert guidance and deep insights.
Structured Business Impact Analysis for Resilient Business
Business Impact Analysis or BIA is a critical component of an effective Business Continuity Management System (BCMS). Our Business Impact Analysis service offers a structured approach to identifying key business functions, assessing potential impacts, prioritizing recovery efforts, and assessing risks. Aligned with ISO 22301 standards, this service empowers organizations to make informed decisions and strengthen operational resilience
Objectives of Business Impact Analysis Services
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Identify Critical Business Functions and Dependencies
Understand which processes are vital to operations and what resources or departments they rely on. -
Assess Potential Impacts of Unexpected Events
Covering financial, operational, legal, and reputational aspects to ensure comprehensive risk awareness. -
Define Recovery Priorities and Timeframes (RTO, RPO, MTPD)
Plan appropriate recovery strategies to minimize disruption and restore operations efficiently. -
Provide Actionable Recommendations to Strengthen Business Continuity Strategy
Enhance your BCP with practical insights aligned with real-world risks and ISO 22301 standards.
For Organizations Seeking to
- Develop or enhance their BCMS
- Are preparing for ISO 22301 certification
- Have dedicated risk assessment and continuity management teams
- Require strategic insights for executive decision-making
Key Topics of Business Impact Analysis Service
Business Impact Analysis is a vital process for identifying critical organizational functions and understanding the potential consequences of disruptions. It enables organizations to prioritize recovery efforts and plan effective responses. Key topics include:
Identification of Key Activities
Critical business functions and dependencies.
Dependencies and Interdependencies
Internal and external dependencies.
Impact Assessment Criteria
Financial, operational, reputational, and legal impacts.
Maximum Tolerable Period of Disruption (MTPD)
Timeframes for tolerable disruptions.
Recovery Time Objectives (RTO)
Timeframes for restoring operations after an interruption.
Recovery Point Objectives (RPO)
The acceptable data loss in terms of time.
Resource Requirements
The necessary resources required to sustain and recover critical operations.
Legal, Regulatory, and Contractual Obligations
The prioritized compliance requirements.
Acceptable Level of Disruption
Organizational tolerance to disruption and critical thresholds.
Prioritization of Recovery Efforts
Rank business processes and the most critical functions.
BIA Service Information
Service Process
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Step 1: Confirming
Formal confirmation of service request to ensure mutual understanding of BIA objectives and scope. -
Step 2: Approaching
Kick-off meeting led by InterRisk to introduce BIA services, clarify objectives, and define stakeholder roles. -
Step 3: Scoping
Distribution of questionnaires to define BIA scope, with guidance and clarification provided by InterRisk. -
Step 4: Determining
Joint session to identify critical business functions, analyze questionnaire data, and determine required resources and stakeholders. -
Step 5: Identifying
BIA training and workshops conducted by InterRisk to ensure accurate and complete data entry in BIA templates. -
Step 6: Planning
Interview planning with business function owners, preparation of data collection tools, and validation of completed forms. -
Step 7: Gathering
Interviews with key stakeholders to collect data on risks and recovery strategies. -
Step 8: Analyzing
Review and analysis of collected data to assess business impacts from potential disruptions. -
Step 9: Reporting
Delivery of a comprehensive BIA report and presentation of findings and recommendations to executive leadership.
Service Location
Available both onsite and online
Service Duration
1 to 3 months, depending on your organization’s size and complexity.
Cost
Please contact us for a customized quote based on your organization’s size, scope, and BIA objectives.
Contact Us for BIA Service with InterRisk Asia
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Business Impact Analysis with InterRisk Asia
In today’s unpredictable business environment, understanding the potential impact of disruptions on your critical business functions is essential. A well-executed BIA enables you to prioritize recovery efforts, define recovery timeframes, and develop a strategic Business Continuity Plan (BCP) that ensures operational efficiency during crises. If you’re looking to strengthen your continuity strategy and elevate your organization’s resilience, contact our expert consultants at InterRisk Asia today, and rest assured that “your organization remains operational, even in times of crisis”.
InterRisk is a leading business continuity consulting firm in Thailand, operating under the MS&AD Insurance Group from Japan. We specialize in risk assessment, continuity planning, and training across multiple industries. Our experienced team delivers tailored solutions that align with your business context, supported by practical tools that ensure effective implementation.
Why Choose InterRisk
Experienced consultants with hands-on BCMS expertise
Customized planning tailored to your business context.
Practical tools and templates, with expert support for testing and improvement.
Our risk management services
InterRisk Asia offers a comprehensive suite of solutions to meet the safety needs of Southeast Asian businesses.
Educational Training
Others
- Supply Chain Risk Assessment (Coming Soon)
Take the first step for your business resilience
If you're looking to strengthen your continuity strategy and elevate your organization’s resilience, contact our expert consultants at InterRisk Asia today, and rest assured that “your organization remains operational, even in times of crisis”.
