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In today’s post we’ll look at the top 10 free or almost free resources business continuitymanagementprofessionals 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.
As a practical activity, enterprise riskmanagement (ERM) centers on eight distinct risk domains, some strategic and some operational. With respect to this process, the total landscape of risk that is assessed and mitigated can be divided into eight risk domains. Riskmanagement is not one-size-fits all.
In such times, the best thing an organization can do is get serious about riskmanagement. Related on BCMMETRICS: The ABCs of ERM: The Rise of Enterprise RiskManagement An Unstable Global Environment Not since the height of the Cold War has the global environment felt as shaky as it does now.
As Business ContinuityManagement (BCM) programs continue to evolve and mature, Enterprise RiskManagement (ERM) processes are just beginning to take hold. The promise of competitive advantage through effective riskmanagement has captured the attention of executive managers worldwide.
Reducing risk is at the heart of everything we do as business continuityprofessionals. 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.” Only senior management can decide what the company’s risk tolerance is and fund more mitigation.
Successful risk mitigation requires that a central authority supervise controls following a coherent strategy. Try a Dose of RiskManagement As a business continuityprofessional, I tip my hat to any organization that makes a serious effort to reduce its risks.
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.
Many business management disciplines, including Business ContinuityManagement (BCM) and Operational RiskManagement (ORM), contribute to continuous improvement and safeguards of the organization’s resources and strategic goals. And what are the organization’s business continuity requirements?
Many business management disciplines, including Business ContinuityManagement (BCM) and Operational RiskManagement (ORM), contribute to continuous improvement and safeguards of the organization’s resources and strategic goals. Start with a Business ContinuityManagement (BCM) Program.
Business continuityprofessionals can learn a lot from the U.S. of Defense’s approach to operational riskmanagement. 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.
In today’s blog, we’ll look at those risks from the point of view of a business consultant who specializes in technology and IT disaster recovery. Tips on Dealing with the AI Threat Those are the three main risks of AI from a BC perspective, as I see them. Related on MHA Consulting: Global Turmoil Making You Ill?
Get the Business Continuity Accountability Guide. While we’ve talked with several business continuityprofessionals who say they’re working through pandemic burnout, the new 2021 BCM Compensation Report published in partnership with the BCI, indicates many remained resilient and stayed with their organizations through the past year.
If we had a known threat, why weren’t business continuityprofessionals prepared? The converse of point one is that if riskmanagement is so great and comprehensive, why were so few of us prepared?
If we had a known threat, why weren’t business continuityprofessionals prepared? The converse of point one is that if riskmanagement is so great and comprehensive, why were so few of us prepared?
If we had a known threat, why weren’t business continuityprofessionals prepared? The converse of point one is that if riskmanagement is so great and comprehensive, why were so few of us prepared?
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 ContinuityManagement (BCM) Program Implementation.
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