Donald L. Schmidt spoke at RIMS2019, the Risk & Insurance Management Society's annual conference, on the value of the business impact analysis (BIA) to risk management. He explained how the BIA identifies vulnerabilities and opportunities for risk mitigation. He also addressed how the BIA provides a methodology for quantifying business interruption and prioritizing the recovery of business operations. Viewthe presentation.
Read Preparedness, LLC's bulletin on Business Impact Analysis for an in-depth look at this important process and how it can prepare your organization.
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We live in a world with many hazards—human-caused, natural, and technological. Preparedness is essential to protect people, property, commerce, the environment, brand, image and, reputation. An understanding of hazards and risk is essential to finding ways to prevent hazards or to mitigate the impacts of hazards we can't prevent. An understanding of hazards and impacts is necessary to develop capabilities to respond to emergencies. In this blog I will comment on hazards, impacts, emergency planning, business continuity, laws, regulations, standards, and related topics. I have also posted technical information and many links to other resources on my website: https://preparednessllc.com/.
Donald L. Schmidt spoke at RIMS2019, the Risk & Insurance Management Society's annual conference, on the value of the business impact analysis (BIA) to risk management. He explained how the BIA identifies vulnerabilities and opportunities for risk mitigation. He also addressed how the BIA provides a methodology for quantifying business interruption and prioritizing the recovery of business operations. View the presentation.
Read Preparedness, LLC's bulletin on Business Impact Analysis for an in-depth look at this important process and how it can prepare your organization. 
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