The process begins with identifying potential risks and threats that could disrupt business operations, such as natural disasters, cyberattacks, equipment failures, supply chain disruptions, or regulatory changes. Osprey works with organizations to assess the likelihood and potential impact of these risks on critical business processes and functions.
Osprey analyzes the organization's business processes and workflows to identify dependencies, interdependencies, and critical dependencies that could be affected by disruptions. This involves mapping out key business processes, identifying critical resources, and assessing the impact of disruptions on business continuity.
Osprey assesses the potential impact of disruptions on key business metrics, such as revenue, profitability, customer satisfaction, and brand reputation. This involves quantifying the financial, operational, and reputational impact of disruptions and prioritizing them based on their severity and likelihood.
Osprey works with organizations to establish recovery time objectives (RTOs) and recovery point objectives (RPOs) for critical business processes and functions. RTOs define the maximum acceptable downtime for recovering from disruptions, while RPOs define the maximum acceptable data loss.
