MHA Consulting

AUGUST 24, 2023

More simply, the job of the risk manager is to identify, prioritize, and mitigate the risks faced by the organization. Risk Management and Business Continuity The relationship of the risk management department and the business continuity office varies by organization. Transferring risk.

Risk Management 98

Risk Management BCM Management All-Hazards 98

MHA Consulting

FEBRUARY 15, 2024

An emerging hot topic in business continuity and risk management is the software known as a risk management information system (RMIS). An RMIS can help an organization identify, assess, monitor, and mitigate risks, but often they merely seduce and distract companies that are not in a position to make proper use of them.

BCM 106

BCM Risk Management Mitigation Business Continuity 106

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

AUGUST 3, 2023

In today’s post, we’ll lay out what these domains are, reveal which ones tend to get overlooked, and explain how knowing about the domains can help business continuity professionals reduce their organizations’ risks and bolster their resilience. Risk management is not one-size-fits all.

Risk Management 95

Risk Management Management All-Hazards Mitigation 95

MHA Consulting

FEBRUARY 9, 2023

Incorporates a combination of the strategies of risk avoidance and risk acceptance. Risk transfer: Passing risk on to another organization, such as by hiring a third-party vendor to perform the associated function. You still need to have a program to ensure the continuity of your business.

Insurance 98

Insurance Insurance Outsourcing Mitigation 98

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. Related on MHA Consulting: Global Turmoil Making You Ill?

Mitigation 97

Mitigation Authorization Risk Management Risk Reduction 97

MHA Consulting

OCTOBER 19, 2022

It’s enough to make an organization leader or business continuity professional feel unwell. These days risk is at the forefront of everybody’s mind. It’s certainly on mine, not only in my role as a business continuity consultant but also as a business owner and CEO. And then keep it going.

Risk Management 52

Risk Management Management Mitigation Business Continuity 52