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Strengthening these elements of basic infrastructure is an efficient way of reducing risk and improving resiliency. How to Manage Residual RiskManaging residual risk is not a project; it is an ongoing, cyclical process. Summing Up Riskreduction lies at the heart of business continuity.
As Business Continuity Management (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. Why have both?
Try a Dose of RiskManagement As a business continuity professional, I tip my hat to any organization that makes a serious effort to reduce its risks. They invest large sums but gain only small reductions in exposure. Simply put, successful riskmanagement requires centralized risk mitigation leadership.
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 riskmanagement, thus boosting resilience overall. What Is a Risk Maturity Model?
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 riskmanagement, thus boosting resilience overall. What Is a Risk Maturity Model?
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