Acceptable Risk Business Continuity Management 
BCP Builder
FEBRUARY 1, 2024
What is the relationship between Business Continuity and Risk Management? The relationship between Business Continuity and Risk Management depends on the organization. In most cases, Business Continuity is a sub-domain of Risk Management.
MHA Consulting
AUGUST 3, 2023
As a practical activity, enterprise risk management (ERM) centers on eight distinct risk domains, some strategic and some operational. Second, we do not assess the risks to an organization with the expectation that every risk identified can or should be eliminated. Risk management is not one-size-fits all.
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MHA Consulting
AUGUST 24, 2023
For those with a suitable temperament and skill set, a career in risk management can be rewarding due to the field’s broad scope, consequential nature, and rising prominence. In this week’s post, we’ll look at what a risk manager does and the skills it takes to excel in this role. It’s a permanent ongoing activity.
Zerto
AUGUST 24, 2023
There are four fundamental types of risk control: risk acceptance, risk mitigation, risk avoidance, and risk transfer. Risk control’s critical importance lies in its ability to minimize the impact of potential risks and avert costly and disruptive events.
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). For those for whom this is a new acronym, RMIS stands for risk management information system. Key features of an RMIS typically include: Risk Identification.
IT Governance BC
JANUARY 12, 2021
Very few organisations have the means to address every risk, so this system helps them dedicate appropriate time and money to the biggest priorities. In the example above, organisations would almost certainly address any risk that scored 12 or more but accept risks that scored 3 or less.
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.
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