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As BusinessContinuity Management (BCM) programs continue to evolve and mature, Enterprise Risk Management (ERM) processes are just beginning to take hold. The promise of competitive advantage through effective risk management has captured the attention of executive managers worldwide. Can BCM jumpstart ERM?
Reducing risk is at the heart of everything we do as businesscontinuity 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.
Debunking the Myths of BusinessContinuity Unlocking the Truth: Navigating 20 Myths About BusinessContinuity Introduction: In the dynamic landscape of modern business, the importance of businesscontinuity cannot be overstated. Myth 2: BusinessContinuity Plans Are Only for Large Enterprises.
Try a Dose of Risk Management As a businesscontinuity 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?
The risk maturity model is a key component of businesscontinuity. In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate businesscontinuity with enterprise risk management, thus boosting resilience overall.
The risk maturity model is a key component of businesscontinuity. In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate businesscontinuity with enterprise risk management, thus boosting resilience overall.
Myth 47: Businesscontinuity management only applies to the private sector. Reality: The public sector (municipal, regional and national governments and associated agencies) must be able to weather disaster and continue its activities just as any private company should. It is not so.
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