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Episode 99 - No more BIAs? No more Plans? - Mark Armour
The Resilient Journey
Understanding Dependencies, Criticality, and Priorities in Business
The Business Impact Assessment (BIA) is crucial for understanding dependencies, criticality, and priorities in a business. It helps in determining what is important to the business by evaluating the value and impact of dependencies, such as potential resource loss. The BIA also addresses the challenge of defining priorities and criticalities, highlighting the need to reassess these aspects during adverse events, as what is considered a priority during normal operations may not be the same during challenging times.
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