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ACTION: No Change DATE: 03/13/2017 11:17 Ampule Summary and Fiscal Analysis (Part A) Industrial Commission/Bureau of Workers\' Compensation Agency Name Rachael Black Anika Nagy DivisionContact30 West
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Gather data on critical business functions and processes.
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Identify potential threats and risks that could impact these functions.
03
Assess the potential impact of these risks on the business.
04
Develop a plan to mitigate or respond to these risks.
05
Document all findings and plan in a formal report.

Who needs business impact analysis?

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Any organization that wants to assess and prepare for potential business disruptions.
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Business owners, managers, and stakeholders who want to understand the potential impact of risks on their operations.
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Companies seeking to ensure continuity of crucial business processes in the face of unforeseen events.
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Business impact analysis is a process that identifies and evaluates the potential effects of an interruption to critical business operations.
Businesses and organizations of all sizes may be required to file a business impact analysis.
To fill out a business impact analysis, gather information on critical business functions, assess potential risks, and prioritize recovery efforts.
The purpose of business impact analysis is to ensure continuity of essential business operations in the event of a disruption or disaster.
A business impact analysis typically includes details on critical business processes, dependencies, recovery time objectives, and potential financial impacts.
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