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Risk Management as a Career: A Guide for BCM Professionals

MHA Consulting

As a reminder, risk management is the process of understanding the hazards facing an organization and taking steps to bring them to within a level determined to be acceptable by the senior leadership. There are six steps to the process, and successful risk managers perform all of them on a continuous loop.

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Adapt or Fail: Climate Change Resilience for Organizations  

everbridge

According to research conducted by Verdantix , “more than half of organizations have less than $1 million to respond to catastrophic events, and 41% of participants stated that they had no budget at all for catastrophic events” (Navigating Climate Threats and Proactive Mechanisms to Achieve Business Climate Resilience, November 2022).

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Developing an inclement weather policy to protect employees 

everbridge

While OSHA (Occupational Safety and Health Administration) “does not have a specific standard that covers working in cold environments, employers have a responsibility to provide workers with employment and a place of employment which are free from recognized hazards, including winter weather-related hazards.”

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Continuity Strategies to Support an Enterprise Resiliency Program

eBRP

Traditional BCM is often limited to tactical response plans, perceived simply as insurance policies that rarely spark high-level executive engagement. A strong Enterprise Resiliency program includes various plan types, classified to address all facets of potential disruptions.

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Is Your Community Prepared for Flooding?

CCEM Strategies

Flooding is one of the most common, pervasive, and costliest natural hazards in Canada , with a history of causing major disasters. Recovering from flooding can be challenging, particularly as insurance coverage may be limited, extraordinarily costly, or unavailable depending on the type of flooding (i.e.,

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Everything You Need to Know About Business Continuity Plans

Erwood Group

For small businesses, it is common to have just one all-encompassing plan. One important thing to know is that the Business Continuity Plan should contain all the information required to implement the processes and strategies to perform the business functions contained in the plan. Insurance Contact Information. Notification.

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Transforming Disaster Management: The Promise and Challenges of AI in Wildfire Damage Assessment

National Center for Disaster Prepardness

This manual process requires assessors to physically visit each site, which can be time-consuming, dangerous, labor-intensive, and subject to human error, particularly in areas with severe destruction or hazardous conditions.