MHA Consulting

FEBRUARY 23, 2023

Try a Dose of Risk Management As a business continuity professional, I tip my hat to any organization that makes a serious effort to reduce its risks. Unfortunately, many companies do not get their money’s worth when it comes to implementing risk mitigation controls. I wish it were true.

Mitigation 97

Mitigation Authorization Risk Management Risk Reduction 97

MHA Consulting

MARCH 2, 2023

A related but higher level concept is that of risk mitigation strategies. There are four main risk mitigation strategies: Risk acceptance. A strategy involving a conscious decision to remain vulnerable to a potential harm, usually based on a cost-benefit analysis. Risk avoidance. Risk limitation.

Mitigation 95

Mitigation BCM Acceptable Risk Risk Management 95

MHA Consulting

APRIL 20, 2023

A mature risk model has the ability to gather data on risks from across the organization, bubble it up to the senior levels, and boil it down to the handful of areas that are both highly critical and highly vulnerable.

Resilience 52

Resilience Risk Management Mitigation BCM 52

MHA Consulting

APRIL 20, 2023

A mature risk model has the ability to gather data on risks from across the organization, bubble it up to the senior levels, and boil it down to the handful of areas that are both highly critical and highly vulnerable.

Resilience 52

Resilience Risk Management Mitigation BCM 52

Emergency Planning

MARCH 7, 2019

In addition, technology is a potential source of vulnerability as well as a means of reducing it. There is thus no reason why BCM should not apply to public bodies. Myth 58: For every dollar [pound, euro, shekel] spent on disaster risk reduction, between four and 11 dollars are saved in damage and losses avoided.

Hospitality 130

Hospitality All-Hazards Risk Reduction Logistics 130