target audience: TECH BUYER Publication date: May 2024 - Document type: IDC PlanScape - Doc Document number: # US51848224
IDC PlanScape: Business Impact Assessment to Prepare for Business and Security Disruptions
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Abstract
This IDC PlanScape discusses the business impact assessment (BIA), which provides the foundation for companies to build a resilient organization that can withstand the most likely disruptions to the most critical functions. BIA serves as a key building block for a company's business continuity plan (BCP) and disaster preparedness. It sets mutual understanding regarding the time, investment, and level of effort to protect key assets at an organization.
"You can't build resiliency in your team without thinking deeply and regularly about disruptions and impacts across teams," says Gerald Johnston, adjunct research advisor for IDC's IT Executive Programs (IEP).