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Monday, 27 June 2016 00:00

Has the Traditional BIA Run Its Course?

Written by  JOHN JACKSON

In this article, I'd like to discuss one of the mainstays of how we have done business continuity planning dating back to the late '70s when some of us became involved in the industry. Essentially, the position I am taking is that the business impact analysis (BIA) process has not materially changed over the years, and I believe it is time for us to consider an alternate approach. The advent of threat and risk management, predictive analysis, and situation-based impacts have changed both the requirement and the value of the data being gathered. My experience is that most (not all) traditional BIAs result in inaccurate, un-supported, undependable, and contain mostly unusable data. Issues with the Traditional BIA ApproachBefore we discuss alternatives or how we could make a BIA more valuable, let's look at some of the issues that traditional BIAs pose. First, in my opinion, typically BIAs are presented as scenario agnostic. What