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The Operational & Financial Impacts worksheet can be used to capture this information as discussed in Business Impact Analysis.The worksheet should be completed by business function and process managers with sufficient knowledge of the business.
Prioritization of production or service levels, providing additional staff and resources and other action would be needed if capacity at the second site is inadequate.
Strategies may involve contracting with third parties, entering into partnership or reciprocal agreements or displacing other activities within the company.
Staff with in-depth knowledge of business functions and processes are in the best position to determine what will work.
If a facility is damaged, production machinery breaks down, a supplier fails to deliver or information technology is disrupted, business is impacted and the financial losses can begin to grow.
Recovery strategies are alternate means to restore business operations to a minimum acceptable level following a business disruption and are prioritized by the recovery time objectives (RTO) developed during the business impact analysis.