MHA Consulting

AUGUST 3, 2023

As a practical activity, enterprise risk management (ERM) centers on eight distinct risk domains, some strategic and some operational. With respect to this process, the total landscape of risk that is assessed and mitigated can be divided into eight risk domains. For more on those strategies, click here and here.)

Risk Management 95

Risk Management Management Strategic Mitigation 95

MHA Consulting

MARCH 2, 2023

Reducing risk is at the heart of everything we do as business continuity professionals. This week’s blog post will spell out the key concepts relating to this all-important goal; call it “The Ultimate Guide to Residual Risk.” Inherent risk is the danger intrinsic to any business activity or operation.

Mitigation 95

Mitigation BCM Acceptable Risk Risk Management 95

MHA Consulting

FEBRUARY 29, 2024

Before we discuss the eight risk domains, there are three general points about risk management that are worth keeping in mind: 1. In essence, risk management is about being mature, practical, and proactive in actively managing down risk to make the organization more prepared to limit impacts and ensure operational resiliency.

Management 52

Management Risk Management Mitigation Strategic 52

MHA Consulting

OCTOBER 19, 2022

It’s enough to make an organization leader or business continuity professional feel unwell. I included MHA’s definitions of the strategies last time in my post on enterprise risk management. If the current situation spooks organizations into getting serious about risk management, then great.

Risk Management 52

Risk Management Management Mitigation Business Continuity 52

MHA Consulting

FEBRUARY 23, 2023

Try a Dose of Risk Management As a business continuity professional, I tip my hat to any organization that makes a serious effort to reduce its risks. Cameras are not pointed at all key areas and hence are unable to provide visual confirmation of the activities in the area.

Mitigation 97

Mitigation Authorization Risk Management Vulnerability 97