Business Impact Analysis
The heart of any major business, beyond its human capital, is usually its technological resources and status. A business that relies on internet access and an arsenal of computer hardware and software must collect and harness the necessary knowledge, people and tools to manage this technology in an efficient yet effective way. Doing otherwise can expose trade secrets and customer data. Loss of productivity can also be exceedingly damaging.
Mission Critical Functions
As it relates to technology, there are three major functions that are mission critical. The first, and most important, is the network itself. If the network goes down, any networking and Internet functions will grind to a halt. Having such a happenstance drag on for a considerable amount of time can cause massive amounts of damage in terms of client deliverables not being provided and necessary administration work not getting done. It is true that not all tasks must be done right away but if something important is due today and the network is down and the completion of the assignment or task is internet-dependent, downtime can kill. In some cases, there are legal...
Business Function and Criticality Matrix Worksheet Organization: Homeland Security Business Function Business Process Criticality Operations Communications Mission-Critical Operations Security Mission-Critical Operations Critical Equipment Needs Mission-Critical Administration Critical Staffing and Assignments Mission-Critical Administration Interdepartmental Liaison Mission-Critical Communications High Level (Pentagon, CIA, FBI, President) Mission-Critical Finance Discretionary Funding Mission-Critical Marketing External Media Liaison Vital Operations Supplies needed for Critical Operations Vital Communications 2nd Tier Vital Human Resources Payroll Important Marketing External non-critical communications (Web site, etc.) Minor Finance Accounts Payable Minor Operations All other supply requests Minor Operations Regulatory Issues Minor Operations Non-Critical Equipment Minor Justifications: 1. Unlike a manufacturing or service company, many of the regular business processes can be put off a few days in the event of a critical issue. 2. Critical issues for
Where pricing integration typically fails however are in the handling of exceptions. Columbus (2003) makes the point that the use of automated approaches to managing special pricing requests can be one of the highest ROI activities of any company. The focus for LOM then is in turning the one-off loan request specifically including a differing rate or structure into a competitive advantage by quickly being able to fulfill it.
One set of concepts from each area was utilized to explain how the situation at Grand Bois may have come about. The end goal of the authors was to "provide business practitioners, ethics teachers, and readers interested in corporate conduct with insights useful in understanding why managers may act the way they do." It could be argued, according to Hamilton and Berken (2005), that Exxon managers had made a sound
The analysis of the scenario involves copying by hand devoid of utilizing excel formulae. The terminology 'What if ' scenarios mainly refer to the underlying base case of the numerical figures in the tables of the financial planning business model. It is significant to undertake checking of the entire changed cells that have altered back to their corresponding original numerical values prior to processing to a new 'What if
BIA Stakeholder Analysis Business Impact Assessment and disaster management A business impact assessment (BIA) is designed to evaluate the impact of a disaster upon the functioning of the organization and ideally, determine ways for the organization to remain operational, even during the stressors of a full-blown attack on its informational systems or a widespread catastrophe like a national disaster. "BIA report quantifies the importance of business components and suggests appropriate fund allocation for
Requiring the patient to come to the Clinic or the doctor's office for regular follow-up visits is also an expensive way to ensure compliance. While some office and clinic visits are necessary and desirable, extending the it tools available to at-home diabetes monitoring can extend the expertise of the clinic at a relatively low cost, allowing the Clinic to concentrate its resources on patients who become seriously ill (Eli
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