Business Continuity Planning: Puts the puzzle together
Traditional Business Continuity Planning (BCP) solutions do not support strategic business planning and do not quantify the risk among an organization’s vendors, physical assets, applications, data repositories and the processes that they support. Because BCP managers cannot connect the information they collect from all their business process areas, BCP managers also find it difficult to test assumptions and policies to verify effectiveness under real world conditions.
LogicERM fills in the missing planning pieces. With LogicERM, you can conduct traditional business impact analysis, determine event response management capabilities, and, now, take your planning to the next strategic level by enabling you to:
- Get a holistic picture of all business resiliency and sustainability issues ranked by priority.
- Reduce “assessment fatigue” to all business process areas by reducing their time to maintain their BCP plans.
- Prioritize BCP by enhancing traditional impact analysis with likelihood and effectiveness of controls dimensions.
- Determine critical and non-critical activities using a single overall criticality score, weighting risks from business processes and the vendors, physical assets, applications and data elements they depend upon.
Download our white paper to learn how a risk-based approach can reduce your Business Continuity work by 30–60%.