StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Business Impact Analysis - Essay Example

Cite this document
Summary
The United States Postal Service (USPS) is one of the most sought after organizations of the country with critical responsibilities and accountabilities making every phase of its operations significant. With an employment force of over 8 million and a staggering $68 billion in…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.8% of users find it useful
Business Impact Analysis
Read Text Preview

Extract of sample "Business Impact Analysis"

Download file to see previous pages

ing the postal system is the Office of Inspector General (OIG) whose chief officer reports directly to the Postal Office’s Governors and not subject to any supervisory jurisdiction to any other Postal Service in the country (USPS OIG: David Williams, 2010). Due to the delicate nature of the tasks, responsibilities, and accountabilities accorded all personnel working for USPS OIG, a business impact analysis is most useful in assisting management in determining which functions are critical to the continued operation of the organization.

According the its official website, the mission of the office is to assist in the maintenance of confidence through safeguarding the organization’s bottom line concurrent with undertaking both audits and investigations. It was specifically stated that “audits of postal programs and operations help to determine whether the programs and operations are efficient and cost-effective. Investigations help prevent and detect fraud, waste, and misconduct and have a deterrent effect on postal crimes” (USPS OIG: Mission, 2010, par.1). In this regard, the OIG is tasked with focusing on the following strategic goals which are considered relevant as giving direction to the organization: generation of revenue, improving and increasing the organization’s efficiency in performance, focusing on improvement of service, emphasis on a culture which focuses on the customers, increasing awareness on sustainability efforts, and regular monitoring and apprising on regulatory studies and obligations to report (OIG: Semi-Annual Report to Congress, 2008, 7).

Business impact assessment is one of the steps incorporated in business continuity planning. Since OIG undertakes audits and investigations, the initial step to identify critical areas that would ensure the accomplishment of identified objectives entails reviewing the STEEP (social, technological, economic, ecological, and political) factors that impact its operations (Van der Heijden, et.al.,

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business Impact Analysis Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Business Impact Analysis Essay Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/miscellaneous/1570447-business-impact-analysis
(Business Impact Analysis Essay Example | Topics and Well Written Essays - 1000 Words)
Business Impact Analysis Essay Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/miscellaneous/1570447-business-impact-analysis.
“Business Impact Analysis Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/miscellaneous/1570447-business-impact-analysis.
  • Cited: 0 times

CHECK THESE SAMPLES OF Business Impact Analysis

Risk Management of UAE Academy

The risk management framework for the 'UAE Academy' will primarily address the purpose followed by risk process, risk identification, Risk analysis along with qualitative or quantitative risk analysis, risk response planning, and risk monitoring controlling, and reporting.... Risk analysis This process involves the measurement and calculating the impact of identified risk based on quantitative or qualitative risk analysis.... Quantitative risk analysis includes numeric values such as the costs of information assets....
9 Pages (2250 words) Case Study

How Important is it to Develop a Business Continuity Model Strategy

hellip; In the Forrester Research's first phase or Business Impact Analysis, the enterprise must identify the most critical business operations and resources (2006, p.... Meanwhile, the key components of business continuity management are management support, risk assessment and risk mitigation, Business Impact Analysis, business recovery and continuity strategy, awareness and training, exercises and drill, and maintenance (Institute of Internal Auditors 2008, p....
7 Pages (1750 words) Essay

Business Continuity Planning

Second, the paper will address the second stage—Business Impact Analysis.... The paper will reveal the value of Business Impact Analysis and its execution.... business CONTINUITY PLANNING Name Here Name of Institution City, State Date Proposal Research topic: business continuity planning Content of the research paper: Jones (2011) argue that business continuity planning play an essential role of reducing the consequences of significant disruption that an organization can face....
4 Pages (1000 words) Research Paper

Disaster Recovery Planning for NIST

hysical risks for business include and are not restricted to natural calamities like Earth Quakes, Storms, and Floods etc.... Malfunctioning of Individual units in a system, Network Cables, Cable tapping are some of the physical factors that pose risk to a business (Cooper, 1995).... Physical risks to a business also include risks to the physically existing things like buildings, the computers, related media and equipment.... atural Calamities: Natural Calamities like Earth Quakes, Storms and Floods disrupt any business and their corresponding data that is stored....
8 Pages (2000 words) Essay

Mitigation and Business Impact

The following paper under the title 'Mitigation and business impact' gives detailed information about mitigation planning which is an important process for States as well as communities to identify policies, activities as well as tools to implement mitigation actions.... In addition to that mitigation, based on Molte (2004), “means to lessen the effects or take action toward the building and putting together of certain structures as well as plans in order that the impact of any future disaster will be ameliorated or if possible, eliminated....
10 Pages (2500 words) Case Study

Business Continuity Management

This report… The second main fraction of this report is about the Business Impact Analysis (BIA).... he basic motive of this research is to present and evaluate and demonstrate the Stakeholder Analysis and a Business Impact Analysis (BIA).... In this analysis we will identify the critical business processes and action those are essential for the British Red Cross for the survival of an British Red Cross is a Non Governmental Organization developed as human welfare NGO that operates nationally and internationally....
11 Pages (2750 words) Essay

Basic Security in Corrections

The Business Impact Analysis is an important module that assists the management in making correct decisions about which functions in the Business are essential and critical for efficient operations.... Overall, it gives the Management a clear insight after which they can decide which areas in our case are vital within the Correctional Facilities after analyzing The Basic Security Measures and its aspects Basic Security in Corrections The Business Impact Analysis is an important module that assists the management in making correct decisions about whichfunctions in the Business are essential and critical for efficient operations....
2 Pages (500 words) Essay

Cis week 5 classwork class discussions

itigating RiskBusiness impact analysis being the determination of the impact an incidence can have, all the parties involved will be affected by one way or the other.... teps required for recovery from attackIdentify the type of attackAnalyze the impact of the attackImplement proper systems to mitigate the threatsDoing the business impact analysisComparison and contrast of qualitative risk and quantitative risk analysisQualitative risk analysis is risk-level, easy and quick to execute, does not require any special tool or software and it is subjective in evaluating the probability and the impact of the risk....
1 Pages (250 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us