Date Added: Mar 2013
Few companies are immune to paralyzing technology glitches. The bottom line—and this is a true bottom-line issue—is that downtime costs money. And let’s face it; nothing speaks louder than a threat to the bottom line.
So you need to do the math. Assemble a team of advisers and experts from across your firm to help you gather data and crunch the numbers. By following these steps, you can put together a business impact analysis (BIA) that shows the real costs if your business systems fail.