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Volume 31, Issue 1

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Thursday, 01 February 2018 19:03

All About RTOs: What They Are and Why It’s Important To Get Them Right

The BIA is always a hot topic in business continuity. Everybody wants to know how to do a Business Impact Analysis (BIA).

This interest is not misplaced, since the BIA is a critical part of an organization’s business continuity program.

Here’s our Business Impact Analysis (BIA) definition: A BIA provides you with a clear picture of the criticality of your business operations based on the processes they perform, and helps you identify the dependencies (i.e., the computer systems, vital records, etc.) that must be in place for those processes to run. In essence, it serves as the foundation of any good continuity strategy. Once you understand which business processes are most critical to the livelihood of your company, you can then use this information to build an effective strategy that addresses only those areas that need to be recovered and the designated time frame in which to recover them.

However, it is important to remember that the BIA is a waste of time if the organization neglects to use the results to correctly define and establish Recovery Time Objectives (RTOs).