Castellan

APRIL 1, 2022

As a resilience management professional, why is it important to know where these two terms split? What is Business Continuity Management (BCM)? While these terms may be similar because they both relate to risk, it is important to understand the functions of each for operational resilience.

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BMC

NOVEMBER 11, 2024

A critical process called Business Continuity Management (BCM), not many organizations sadly have these programs in place. To help your organization better understand how BCM works and ways to implement such systems, in the following article, we will discuss what it is, why to use it, and best practice strategies. Yes, that is right.

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MHA Consulting

JANUARY 26, 2023

We are living in a golden age in terms of the easy availability of high-quality information on how organizations can make themselves more resilient. 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. BCM consultancy websites.

BCM 98

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MHA Consulting

MAY 4, 2023

Risk mitigation controls are the measures we take to reduce the risks our organizations face in carrying out their operations. Related on MHA Consulting: The Ultimate Guide to Residual Risk Risk Mitigation Controls Explained Business continuity is all about reducing risk. You can see why risk mitigation controls are important.

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MHA Consulting

JUNE 8, 2023

Most of these have had demonstrable impacts on the practice of business continuity management (BCM), rendering some traditional practices obsolete and ushering in new concerns and techniques. It’s interesting to look at BCM practices that have fallen into disuse or are no longer regarded as beneficial or sufficient.

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MHA Consulting

JULY 27, 2023

Related on MHA Consulting: Roll with the Changes: A New Generation Requires a New Approach to BCM It is comforting to think that if we master one set of marketable skills, we’ll be able to make a living from them for the rest of our careers; however, recent history shows that option is no longer available (if it ever was).

BCM 98

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Castellan

MAY 16, 2022

As such, these evolving work environments have created new challenges for business continuity, including new and evolving risks for resilience management. Unfortunately, many resilience and security teams were just not prepared to respond to challenges created by the rapid adoption of these remote teams. Addressing Remote Work Risks.

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Bernstein Crisis Management

SEPTEMBER 5, 2023

Understanding Crisis Management: A Methodical Approach At its core, crisis management is a methodical approach to preventing, addressing, and mitigating impact from disruptions. It’s a discipline that transforms challenges into opportunities for growth, ensuring that organizations remain agile and resilient in the face of uncertainty.

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Bernstein Crisis Management

JUNE 26, 2023

To prevent crises where it’s possible, and mitigate their impact where it’s not, businesses must invest in comprehensive crisis planning that addresses these areas of vulnerability. ” By identifying this as a category, businesses can develop proactive strategies to mitigate the reputational damage caused by such incidents.

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Bernstein Crisis Management

OCTOBER 17, 2023

This means not only having a game plan for when things go awry but also adopting measures that preemptively mitigate risks. Long-term Viability: Brands that manage crises effectively often enjoy better longevity in the market, as they’re seen as reliable and resilient. This enables brands to stay ahead of potential issues.

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MHA Consulting

FEBRUARY 15, 2024

An RMIS can help an organization identify, assess, monitor, and mitigate risks, but often they merely seduce and distract companies that are not in a position to make proper use of them. Typically available as a SaaS solution, RMIS software is designed to help companies manage and mitigate risk. Risk Mitigation.

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MHA Consulting

MARCH 2, 2023

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. Identifying and reducing residual risk is the most cost-effective way of making an organization more resilient.

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MHA Consulting

JUNE 15, 2023

Vulnerability management is the practice of identifying and mitigating the weaknesses in an organization’s people, processes, and technology. It’s a practical, down-to-earth approach that focuses on small things, but it has the power to bring big gains to an organization’s resilience. Mitigation is where it’s at.

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MHA Consulting

AUGUST 3, 2023

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 continuity professionals reduce their organizations’ risks and bolster their resilience. Exactly what those domains are will be detailed in a moment.

Risk Management 95

Risk Management Management All-Hazards Mitigation 95

MHA Consulting

FEBRUARY 2, 2023

Related on MHA Consulting: BCM Basics: Modern IT/DR Strategies The Benefits of a Sound Business Continuity Strategy A solid BC strategy is a fundamental component of a functional BC program. Step 3: Determine the Members of Your BCM Team To develop a BC strategy you need to assemble a business continuity management (BCM) team.

Business Continuity 98

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MHA Consulting

FEBRUARY 9, 2023

Risk transference is one of the four main strategies organizations can use to mitigate risk. There are four main strategies for mitigating risk : · Risk acceptance: Making a conscious decision to remain vulnerable to a potential harm, usually based on a cost-benefit analysis. 2) Is the vendor resilient?

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MHA Consulting

JANUARY 19, 2023

The rise in extreme weather has not affected the steps organizations must take to be resilient; however, it has altered the threat landscape for many, if not most, regions and organizations. Assessing the natural threats facing the organization has been a cornerstone of BCM all along. What has changed about all that?

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MHA Consulting

JANUARY 24, 2023

The rise in extreme weather has not affected the steps organizations must take to be resilient; however, it has altered the threat landscape for many, if not most, regions and organizations. Assessing the natural threats facing the organization has been a cornerstone of BCM all along. What has changed about all that?

BCM 52

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MHA Consulting

APRIL 20, 2023

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 business continuity with enterprise risk management, thus boosting resilience overall. Related on MHA Consulting: Who’s the Boss?

Resilience 52

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MHA Consulting

APRIL 20, 2023

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 business continuity with enterprise risk management, thus boosting resilience overall. Related on MHA Consulting: Who’s the Boss?

Resilience 52

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MHA Consulting

JUNE 1, 2023

They help organizations anticipate, avoid, and prepare for impacts, saving money and improving resiliency. Simply put, it refers to the process of gathering and analyzing information about potential risks and threats that could impact the organization’s operations, assets, and overall resilience.

All-Hazards 98

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MHA Consulting

JUNE 22, 2023

Business continuity professionals who want to make their organizations more resilient should make a conscious effort to become gap hunters. It’s a practical, down-to-earth approach that focuses on small things, but it has the power to bring big gains to an organization’s resilience,” he wrote. This is fine.

Vulnerability 98

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Castellan

SEPTEMBER 14, 2022

Impact tolerance is an important component of an operational resilience strategy. From there, you can use that information to prioritize what’s most important and then focus on mitigation and remediation. The Operational Resilience Connection. This is a core element of operational resilience. What worked? What went wrong?

Resilience 52

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MHA Consulting

JULY 13, 2023

A sound BIA is a prerequisite of any company that wants to attain true resilience. For example, we always exclude the effects of any mitigation tools in assessing the impact of the process being offline and we always tell people to answer as though the disruption occurs at the worst possible time.

BCM 98

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Plan B Consulting

JUNE 7, 2017

Following his recent bulletin on why he thinks the business continuity profession is in decline, Charlie looks at why he does not think resilience is the solution. This week I will discuss why I don’t think resilience is the saviour the business continuity world is looking for.

Business Continuity 52

Business Continuity Resilience Audit Crisis Management 52

Plan B Consulting

JUNE 7, 2017

Following his recent bulletin on why he thinks the business continuity profession is in decline, Charlie looks at why he does not think resilience is the solution. This week I will discuss why I don’t think resilience is the saviour the business continuity world is looking for.

Business Continuity 52

Business Continuity Resilience Audit Crisis Management 52

BCM METRICS

NOVEMBER 10, 2021

By bringing risk in these areas under control, you can go a long way toward making your organization more resilient. Defining Residual Risk Residual risk is the risk that is left in an organization after the risk-reducing effects of your mitigation […]. The post The Big Three of Residual Risk appeared first on BCMMETRICS.

Mitigation 74

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everbridge

OCTOBER 7, 2024

May 18, 2021 – Infinite Blue , a leading provider of business continuity/disaster recovery planning and response management software, today announced it has been recognized by Forrester as a Strong Performer in the May 2021 The Forrester Wave™: Business Continuity Management (BCM) Software, Q2 2021 report. Collegeville, PA.,

Disaster Recovery 52

Disaster Recovery BCM Evaluation Business Continuity 52

MHA Consulting

SEPTEMBER 11, 2023

MHA Consulting will support the enhancement and maintenance of the organization’s enterprise Business Continuity Management (BCM) program to ensure the highest level of care and safety for patients. “We are honored to continue our work with this esteemed healthcare provider in meeting their patients’ care and safety needs.

Healthcare 52

Healthcare Consulting BCM Disaster Recovery 52

MHA Consulting

MAY 11, 2023

Related on MHA Consulting: All About BIAs: A Guide to MHA Consulting’s Best BIA Resources The Importance of Testing and Exercises In case you missed it, MHA CEO Michael Herrera wrote an excellent blog last week called, “The Top 8 Risk Mitigation Controls, in Order.” Unfortunately, it’s a tool that most companies neglect.

Disaster Recovery 98

Disaster Recovery Business Continuity Consulting BCM 98

MHA Consulting

MAY 11, 2023

Related on MHA Consulting: All About BIAs: A Guide to MHA Consulting’s Best BIA Resources The Importance of Testing and Exercises In case you missed it, MHA CEO Michael Herrera wrote an excellent blog last week called, “The Top 8 Risk Mitigation Controls, in Order.” Unfortunately, it’s a tool that most companies neglect.

Disaster Recovery 96

Disaster Recovery Business Continuity Consulting BCM 96

MHA Consulting

APRIL 27, 2024

We want to help the organization get more competent at business continuity and become more resilient. Our commitment also explains why I find the tendency I want to discuss today so unfortunate, and why I’d like to make a suggestion aimed at mitigating it. We don’t just want to win the business and get paid. Those are the basics.

Consulting 52

Consulting BCM Business Continuity All-Hazards 52

Stratogrid Advisory

APRIL 18, 2020

The Business Impact Analysis (BIA) is a cornerstone of the Business Continuity Management (BCM) Program. If not executed efficiently, the organization’s stakeholders could quickly lose interest, and the BIA results could not meet your BCM Program requirements. BCM as a Service. What is a Business Impact Analysis (BIA)?

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IT Governance BC

JULY 30, 2024

Mitigating supply chain risk After widespread coverage, the CrowdStrike outage from 19 July 2024 hardly needs an introduction. So, for business continuity management [BCM] purposes, it’s better to come at it from the other direction: What processes [business activities] are critical to your organisation?

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Plan B Consulting

JUNE 7, 2016

Other reasons can be found within articles such as, ‘Supply chain resilience – The case for understanding the ROI in resilience’ , by David Window, which looks at the return on investment in mitigating supply chain risks.

Business Continuity 52

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Plan B Consulting

JUNE 7, 2016

Other reasons can be found within articles such as, ‘Supply chain resilience – The case for understanding the ROI in resilience’ , by David Window, which looks at the return on investment in mitigating supply chain risks.

Business Continuity 52

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BCM METRICS

AUGUST 25, 2022

In today’s post, we’ll lay out the four steps every company should take to protect its supply chain and boost its resilience. Supply chain insecurity has emerged as one of the leading threats to business, but most organizations continue to lag when it comes to protecting their access to critical goods and services. Most […].

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Security Resilience Mitigation Business Continuity 85