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... > social science subjects > business and management > entrepreneurship > new venture management > corporate entrepreneurship > corporate crisis management > business impact analysis
... > social science subjects > politics and international relations > governance > crisis management > corporate crisis management > business impact analysis
... > social science subjects > business and management > management settings > business management > governance > crisis management > corporate crisis management > business impact analysis

Preferred term

business impact analysis  

Definition

  • The business impact analysis (BIA) is a core component of any business continuity plan, or business continuity management system. The business impact analysis does exactly what it says: it assesses the impact to a business during a disruption, whether it is a denial of access due to loss of buildings or being unable to enter premises; loss of key systems, due to loss of information technology (IT), telecommunications, or Internet connection; or loss of key personnel, such as board members or key members of staff. [Source: Encyclopedia of Crisis Management; Business Impact Analysis]

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https://concepts.sagepub.com/social-science/concept/business_impact_analysis

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