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40 Examples of Business Impact

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Business impact is the ongoing cost of disruptions caused by a negative event such as a disaster, crime, outage, shutdown, failure or political instability. This can be estimated as part of the process of recovery. Estimates of business impact are also required for risk management, scenario planning, business continuity planning, disaster management and for evaluating the impact of proposed change. The following are common examples of business impact.
Business Failure Costs (costs related to closing a business)
Compliance Violations (e.g. disrupted processes that are required such as paying employees)
Contract Violations / Loss of Contracts
Contractual Penalties
Contractual Penalties (e.g. not meeting a deadline)
Cost Per Hour (e.g. cost of a workaround)
Customer Defection
Customer Dissatisfaction
Damage to Brand Image
Damage to Customer Relationships
Decline in Brand Recognition / Awareness
Disputed Research / Product Development Impacting Future Sales
Disrupted Sales / Marketing Processes Impacting Future Sales
Expediting Costs
Expired Inventory / Aging Inventory
Financial Disruptions (e.g. unable to collect revenues)
Inability to Restart at Same Level of Efficiency
Increased Business Risk
Increased Turnover / Loss of Key Employees
Liability
Loss of Capital Equipment
Loss of Contractual Bonuses
Loss of Customers
Loss of Data
Loss of Efficiency
Loss of Investor Confidence
Loss of Knowledge / Know-how
Loss of Market Share to Competitors
Loss of Partnerships
Loss of Revenue (per hour)
Loss of Systems / Software
Loss of a Facility
One Time Costs (e.g. cost of damaged machine)
Process Disruptions (e.g. unable to issue bills)
Production Declines
Recovery & Remediation Costs
Reduced Sales
Regulatory Fines
Reputational Damage
Retrenchment Costs (costs related to the need to close parts of a business)

Business Continuity

This is the complete list of articles we have written about business continuity.
Business As Usual
Business Impact
Call Tree
Cold Site
Contingency Plan
Data Backup
Disaster Recovery
Impact Analysis
Impact Statement
Resilience
Risk Management
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Resilience vs Recovery

A comparison of two methods of disaster preparedness.

Business Impact Analysis

An overview of business impact analysis.

Cold Site vs Hot Site

The difference between a cold site and a hot site for disaster recovery.

Business Continuity vs Disaster Recovery

The difference between business continuity and disaster recovery.

Disaster Preparedness

The definition of disaster preparedness with examples.

Contingency Plan

An overview of contingency plans with complete examples.

Crisis Management Plan

Full examples of crisis management plans that can be used as a template.

Business Impact Statement

Full examples of business impact statements.

Risk

An extensive list of risks and risk management techniques.

Risk Opposite

The true opposites of risk.

Negative Risk

The definition of negative risk with examples.

Safety

An overview of safety with examples.

Debt

An overview of debt with examples.

Natural Disasters

An overview of the common types of natural disaster.

Unforced Error

The definition of unforced error with examples.

Internal Risks

The definition of internal risk with examples.

Risk Meaning

The meaning of risk with examples.

Risk Measurement

An overview of different ways to measure risk with examples.

Risk Impact Examples

A list of common risk impacts with a few detailed examples.

Change Risk

An overview of change risk with a list of examples.

Good Risk Examples

An overview of good risk with examples.
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