History
First described in the late 1990s, business triage grew out of the need for a reproducible method for the allocation of limited resources (especially money) by start-up and expanding businesses. The concepts utilized in business triage were drawn from the real-world experience of managing limited resources in the high stakes environments of battlefields and disaster scenes. Process analysis methods similar to those used by information technology professionals and later business continuity professionals were added to better identify the processes that support the desired outcomes and goals.
Read more about this topic: Business Triage
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