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These 8 Risk Domains Are the Meat and Potatoes of Risk Management 

MHA Consulting

As a practical activity, enterprise risk management (ERM) centers on eight distinct risk domains, some strategic and some operational. Strategic : Involves assessing risks that may impact the achievement of long-term organizational objectives, guiding decision-making and strategic planning.

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Making the Case for your Business Continuity Program

BryghtPath

It’s no wonder that by 2025, 70% of CEOs are predicted to place organizational resilience as a top priority for their organization’s strategic objectives.

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Reviewing the Five Types of Risk 

MHA Consulting

Related on MHA Consulting: The ABCs of ERM: The Rise of Enterprise Risk Management The government recently announced the official end of the COVID pandemic. However, for long term security, businesses need to balance a concern for those areas with vigilance about the other types of risk: strategic, compliance, and reputational.

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Managing Enterprise Risk: Understanding the 8 Risk Domains

MHA Consulting

In enterprise risk management (ERM), risk is commonly divided into eight distinct risk domains, some strategic and some operational. Strategic: Risks that might impact the achievement of long-term organizational objectives, guiding decision-making and strategic planning. But they will be more active in some areas than others.

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The Importance of Business Continuity Whitepaper

Erwood Group

The Importance of Business Continuity is an extensive Whitepaper first written in 2009 by our CEO & Principle Managing Consultant – Keith Erwood. The Importance of Business Continuity is a great resource. Importance of Business Continuity open.

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What types of incident is business continuity meant to deal with?

Plan B Consulting

In looking at the UK Government’s Public Accounts Committee on the response to COVID, the scope is to protect the economy, but for most of us business continuity practitioners the question is, do we see it as our role to involve ourselves in planning or responding to economic downturns and the impact on our organisation?

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What types of incident is business continuity meant to deal with?

Plan B Consulting

In looking at the UK Government’s Public Accounts Committee on the response to COVID, the scope is to protect the economy, but for most of us business continuity practitioners the question is, do we see it as our role to involve ourselves in planning or responding to economic downturns and the impact on our organisation?