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In today’s post we’ll look at the top 10 free or almost free resources business continuity management professionals can utilize to help them raise their BCM skills and effectiveness to ninja level. However, there is one aspect of doing BCM that is much better and easier than it was when I was getting started 25 years ago.
Many companies spend millions of dollars implementing risk mitigation controls but are kept from getting their money’s worth by a disconnected, piecemeal approach. Successful risk mitigation requires that a central authority supervise controls following a coherent strategy. Related on MHA Consulting: Global Turmoil Making You Ill?
Business continuityprofessionals can help their organizations raise their data protection game by acting as educators, advocates, and brokers on this issue between the business departments and IT. The post Data Guardians: The BCM Pro’s Role in Helping Business Units Protect Their Data appeared first on BCMMETRICS.
The same thing is true of organizations and business continuityprofessionals. This is the area of fundamental BC concepts and methodology, and the need for BC professionals to understand these things inside and out if they hope to have a positive impact.
Reducing risk is at the heart of everything we do as business continuityprofessionals. Residual risk is the amount of risk that remains in an activity after mitigation controls are applied. Putting it in mathematical terms: (Inherent risk) – (the risk eliminated by your mitigation controls) = residual risk.
In today’s post, we’ll lay out what these domains are, reveal which ones tend to get overlooked, and explain how knowing about the domains can help business continuityprofessionals reduce their organizations’ risks and bolster their resilience. Exactly what those domains are will be detailed in a moment.
Business continuityprofessionals who want to make their organizations more resilient should make a conscious effort to become gap hunters. Time spent identifying and closing gaps in the organization’s preparedness is an investment that brings exceptional returns.
It’s enough to make an organization leader or business continuityprofessional feel unwell. If you inform yourself about the risks inherent in various courses of actions, and take steps to mitigate them, you can still maneuver. Ongoing mitigation is necessary because if you don’t take action, you remain vulnerable.
How can you as a business continuityprofessional help protect your organization against these threats? As the AI landscape evolves, continued awareness and adaptation will be essential to mitigate its risks. These technologies are so new, no one knows the best strategies for mitigating the risks they bring.
Business continuityprofessionals can learn a lot from the U.S. of Defense’s approach to operational risk management. In today’s post, I’ll summarize the DOD’s five-step approach to ORM and explain how each step might be helpful to your organization. Learning from the Military I’ve always admired the U.S.
If we had a known threat, why weren’t business continuityprofessionals prepared? Is risk management a paper exercise in meaninglessness, where it all looks good on paper, but if it doesn’t actually lead to action and mitigation then what is the point of it?
If we had a known threat, why weren’t business continuityprofessionals prepared? Is risk management a paper exercise in meaninglessness, where it all looks good on paper, but if it doesn’t actually lead to action and mitigation then what is the point of it?
If we had a known threat, why weren’t business continuityprofessionals prepared? Is risk management a paper exercise in meaninglessness, where it all looks good on paper, but if it doesn’t actually lead to action and mitigation then what is the point of it?
We recognize that many business continuity planning terms and industry-leading methodologies can be foreign to your organization. It can be overwhelming if your organization has never implemented a robust business continuity program. It requires a budget and long-term commitment (hence why it is a BCM Program).
We recognize that many business continuity planning terms and industry-leading methodologies can be foreign to your organization. It can be overwhelming if your organization has never implemented a robust business continuity program. Section 2 - Business Continuity Management (BCM) Program Implementation.
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