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Business Impact Assessment: Beyond Disaster Recovery

Publisher IDC
Published Mar 06, 2025
Length 13 Pages
SKU # IDC19749802

Description

This IDC Perspective explores the diverse applications of a business impact assessment (BIA) document, including its role in tech debt planning, strategic project prioritization, and budgeting. The business impact assessment document is traditionally used as the cornerstone for business continuity and disaster recovery (BC/DR) planning. However, its value extends far beyond these primary functions. By leveraging the insights contained in a BIA, organizations can achieve greater operational efficiency, improve resource allocation, and enhance overall business strategy. “A well-written and complete BIA document can be a powerful interdepartmental communication tool,” says Dr. Ken Knapton, adjunct research advisor, IT Executive Programs (IEP) at IDC. “The insights contained within the BIA can drive important enterprisewide discussions regarding cost containment, workflow improvements, risk mitigation, and strategic planning.”

Table of Contents

13 Pages

Executive Snapshot

Situation Overview

Traditional Use of the BIA in BC/DR

Using the BIA to Help Mitigate Tech Debt

Using the BIA as a Strategic Planning Tool

The BIA as a Budgeting and Financial Planning Tool

The BIA as a Risk Management and Mitigation Tool

The BIA as a Compliance and Regulatory Management Tool

Advice for the Technology Buyer

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Related Research

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