MHA Consulting

AUGUST 3, 2023

As a practical activity, enterprise risk management (ERM) centers on eight distinct risk domains, some strategic and some operational. Finally, everyone involved in assessing and mitigating risk at an organization needs to make sure their work is custom-tailored to that company’s industry and culture.

Risk Management 95

Risk Management Management Strategic All-Hazards 95

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. Surely, the company that has implemented all of them has reduced the risk at its facilities to the bare minimum. I wish it were true.

Mitigation 97

Mitigation Authorization Risk Management Risk Reduction 97

MHA Consulting

FEBRUARY 29, 2024

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. Following the risk assessment. Identified risks should not just be ignored with the hope the impact will not occur.

Management 52

Management Risk Management Mitigation Strategic 52

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.” A related but higher level concept is that of risk mitigation strategies. Risk avoidance.

Mitigation 95

Mitigation BCM Acceptable Risk Risk Management 95

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. Ongoing mitigation is necessary because if you don’t take action, you remain vulnerable. And then keep it going.

Risk Management 52

Risk Management Management Mitigation Business Continuity 52