A Study on Recovery Strategy and Recovery Time Objectives through Business Impact Analysis

This study conducted a Business Impact Analysis (BIA) on four manufacturing sites (A, B, C, and D) to derive and compare their respective Recovery Time Objectives (RTOs). The primary objective of this research is to establish customized RTOs that reflect the characteristics and criticality of each site's operations, serving as a key factor in ensuring prompt and efficient recovery during emergencies. The analysis revealed that maintenance operations had the shortest RTO across all sites, emphasizing the significant financial impact of production equipment downtime. Additionally, production management and logistics management were assigned relatively short RTOs, as these functions are essential for maintaining business continuity. In contrast, the R&D operations at Site D were assigned a relatively longer RTO, reflecting the importance of long-term technological innovation. This study highlights the necessity of conducting differentiated BIAs that account for site-specific characteristics, even within the same industry. Furthermore, it underscores the importance of developing customized recovery strategies that consider the risks and recovery priorities unique to each site.