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BIA/BIP: Business Interruption Business Cases (BIBC)

Wikipedia defines business case as follows:

The purpose of a business case is to capture the reasoning for initiating a project or task. It is often presented in a well-structured written document, but may also sometimes come in the form of a short verbal argumentation. The logic of the business case is that, whenever resources such as money or effort are consumed, they should be in support of the business. An example could be that a software upgrade might improve system performance but the "business case" is that better performance would improve customer satisfaction.

The professionals at Pinnacle Business Concepts, Inc. believe the business case should be all the above, however, we believe that the above is necessary, but not sufficient. In order to be sufficeint, all business cases should speak to the financial impact the project will have on the organization. Organizations live and prosper or shrink and die based on their financial health. Your business case for BCP should include a financial impact statement that enables the building of a cost/benefit analysis and comparison of the value and costs of different approaches to the problem. Pinnacle Business Concepts BCPs include such a document in the form of an Income Statement.

Your business case should speak the language the “C” –Level executives are accustomed to hearing and basing important business decisions on. At Pinnacle Business Concepts, we call this BS (Business Speak).