What are examples of qualitative impacts?

Qualitative impacts refer to assessments and evaluations that are not easily quantified with numerical data but can provide valuable insights into a situation's significance or severity. The choice of "high, medium, low" represents a qualitative approach to categorizing impacts by describing their relative importance or intensity rather than assigning a numerical value. This kind of evaluation is crucial in business continuity and risk assessments where factors like employee morale, stakeholder perceptions, or operational effectiveness need to be understood in terms of their qualitative nature.

By categorizing impacts in this way, organizations can prioritize responses based on the severity or urgency of the situation, which aids in developing effective strategies for mitigation or recovery. This qualitative understanding complements quantitative data, allowing for a more comprehensive view of potential risks and impacts on the organization.