Business Impact Analysis
Be in the know and evaluate the potential effects of a disruption to critical business operation with Business Impact Analysis. Business Impact Analysis predict how any disruption in an organization’s business would impact its workflow.
During Business Impact Analysis, all the essential components of a firm are carefully examined and unwanted vulnerabilities are identified. A strategy to minimize disruption is then formulated from the provided information and risk assessment result. The Business Impact Analysis template helps you give a comprehensive presentation on Business Impact Analysis.
Potential loss scenarios should be identified during a risk assessment. Operations may also be interrupted by the failure of a supplier of goods or services or delayed deliveries. There are many possible scenarios which should be considered.
Identifying and evaluating the impact of disasters on business provides the basis for investment in recovery strategies as well as investment in prevention and mitigation strategies.
The business impact analysis should identify the operational and financial impacts resulting from the disruption of business functions and processes. Impacts to consider include – Lost sales and income. Delayed sales or income, Increased expenses, Regulatory fines, Contractual penalties or loss of contractual bonuses, Customer dissatisfaction or defection, Delay of new business plans.
The point in time when a business function or process is disrupted can have a significant bearing on the loss sustained. A store damaged in the weeks prior to the holiday shopping season may lose a substantial amount of its yearly sales. A power outage lasting a few minutes would be a minor inconvenience for most businesses but one lasting for hours could result in significant business losses.
The Business Impact Analysis report should document the potential impacts resulting from disruption of business functions and processes. Scenarios resulting in significant business interruption should be assessed in terms of financial impact, if possible. These costs should be compared with the costs for possible recovery strategies.
The Business Impact Analysis report should prioritize the order of events for restoration of the business. Business processes with the greatest operational and financial impacts should be restored first.
The first slide houses a dashboard that gives information about the scope and impact of a disruption and what next steps to take. The presenter can use the dashboard in the second slide to talk about the recovery plans and risk management. The business continuity plan takes the stage in the third slide. Here, you can highlight how employees, premises, processes, and vendors are protected and able to quickly function in the event of a disaster. The risk assessment infographic in the fourth slide lets you identify all the risks that have the potential to impact your organization’s operations.
Business leaders can use the slides of this template when preparing the strategic development of the company. You can describe in detail the possible risks and indicate actions to reduce these risks. Startup executives can use this template to prepare for their investor meeting. Logistics managers can use this template when discussing the potential risks associated with shipping by different modes of transport.
This template will be useful for planning managers. You can describe in detail all stages of your plan and identify potential risks to the business. University professors and business coaches can use the slides from this template when preparing their courses on project management or analyzing a company’s business processes.
The template’s text and colors are 100% editable and can be modified to suit your preference. Ideal for use by business analysts, corporate strategists, subject matter experts, consultants, and business professionals. Business Impact Analysis contains all the tools you need to design a professional and stylish presentation. This template’s slides will update your old project management presentations and seamlessly complement your collection of professional presentations.