Reciprocity

AUGUST 17, 2022

On the other hand, confusion about risks – and especially about strategic and operational risks – undermines an organization’s ability to manage risk well. This article addresses common questions about strategic and operational risk, such as: What are strategic risks and operational risks?

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

MHA Consulting

AUGUST 24, 2023

The operational areas that risk management is concerned are broad and varied. They include process and procedural robustness and integrity; people, skills, and training; insurance and self-insurance; the supply chain, outsourcing, and inherent risk; infrastructure, systems, and telecommunications; and physical and information security.

Risk Management 98

Risk Management BCM Management All-Hazards 98

MHA Consulting

FEBRUARY 15, 2024

Key features of an RMIS typically include: Risk Identification. The system allows organizations to identify and document various types of risks they are exposed to, including operational, financial, strategic, compliance, and reputational risks. Risk Assessment. Incident Management.

BCM 106

BCM Risk Management Mitigation Business Continuity 106

Reciprocity

AUGUST 24, 2022

Before outsourcing your business processes or striking some other deal with vendors, you do need to assess the risks they pose. The six risks listed below are a good place to start. Begin by determining your organization’s tolerance for cybersecurity risk. Cybersecurity.

Management 52

Management Risk Management Cybersecurity Strategic 52

Reciprocity

OCTOBER 7, 2024

For example, your human resource department possibly links to healthcare insurance providers using a web-based application. While some business partners are easy to define, the risks to your data environment come from being interconnected within an overarching ecosystem. The difficulties arise when you start drilling down further.

Cybersecurity 52

Cybersecurity Audit All-Hazards Risk Management 52