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Our CEO & Principal Managing Consultant, Keith Erwood Presents Why we conduct a Financial Impact Analysis (FIA) as part of our Business Impact Analysis (BIA). The benefits of doing a Financial Impact Analysis are many. Starting with knowing your downtime and disruption costs, tying your Recovery Time Objectives to financial-based impacts rather than an arbitrary timeframe, and being able to do a deep dive cost-benefit analysis of recovery strategies. This provides for greater flexibility and business resilience. Erwood Group - Preparing Today's Businesses, for the Unexpected Tomorrow ™ Visit us at: erwoodgroup.com Copyright 2020 Erwood Group
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Category: How To & Education
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