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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.
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.
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.
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.
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.
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?
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?
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?
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?
Here’s what business continuityprofessionals need to know about the rigorous new security framework that is designed to protect organizations from hackers and their bots. What BC Professionals Need to Know What do you as a business continuityprofessional need to know about Zero Trust?
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.
Business Continuity is NOT a Data Backup Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 5 minutes There is something that bothers many Management Consultants in the Business Continuity and Information Technology field. Business Continuity is not a data backup. Business Continuity is not a data backup.
Business Continuity is NOT a Data Backup. There is something that bothers many Management Consultants in the Business Continuity and Information Technology field. Have you tried to search for the terms “Business Continuity” or “ Business Continuity Planning ” on Google or Bing search engines recently?
When I talk about the team leader, I am talking about multiple levels of teams, so the leader of the gold, silver, bronze, or the operational, tactical, or strategic team, or whatever name you want to name your team. appeared first on PlanB Consulting. They have been empowered to make decisions on behalf of the organisation.
This week, Charlie comments on how Raith Rovers and West Ham (Zouma) have handled their recent PR incidents, and what we as business continuityprofessionals can take away from that. The post Case Study Zouma: Don’t Mess With Cats… appeared first on PlanB Consulting. You can read the John McGlynn interview here.
This week, Charlie comments on how Raith Rovers and West Ham (Zouma) have handled their recent PR incidents, and what we as business continuityprofessionals can take away from that. The post Case Study Zouma: Don’t Mess With Cats… appeared first on PlanB Consulting. You can read the John McGlynn interview here.
Continuity. And, as a business continuityprofessional, have they changed in scope and complexity in the past year? Although COVID-19 is driving changes in business continuity to this resilience focus, some organizations may be hesitant to evolve along with it. Resilience.
This week, Charlie comments on how Raith Rovers and West Ham (Zouma) have handled their recent PR incidents, and what we as business continuityprofessionals can take away from that. The post Case Study Zouma: Don’t Mess With Cats… appeared first on PlanB Consulting. You can read the John McGlynn interview here.
Charlie discusses the theory of wicked problems, what it means for business continuityprofessionals and how we are able to implement this idea into our plans. Institute of Strategic Risk Management (IRSM) At the moment, I am studying a Level 6 course, which is equivalent to an undergraduate degree with the IRSM.
Charlie discusses the theory of wicked problems, what it means for business continuityprofessionals and how we are able to implement this idea into our plans. Institute of Strategic Risk Management (IRSM). appeared first on PlanB Consulting. The post Wicked Problems – What Do I Need To Know?
Charlie discusses the theory of wicked problems, what it means for business continuityprofessionals and how we are able to implement this idea into our plans. Institute of Strategic Risk Management (IRSM). appeared first on PlanB Consulting. The post Wicked Problems – What Do I Need To Know?
Strategic, long-term issues in the water industry werent my concern unless they escalated into an incident. As business continuityprofessionals, we must have the ear of the CEO and be valued contributors to our organisations response, but we also need to choose our momentsoffering advice on the right issues, at the right time.
The Disaster Recover y Institute International ( DRII ) and the Business Continuit y Institute ( BCI ) are the two major governing bodies that are responsible for defining and developing business continuity practices as well as certifying business continuityprofessionals.
The Disaster Recover y Institute International ( DRII ) and the Business Continuit y Institute ( BCI ) are the two major governing bodies that are responsible for defining and developing business continuity practices as well as certifying business continuityprofessionals. Business Continuity Documentation.
Following President Trump’s response to the far-right rally in Charlottesville, Charlie looks at the lessons business continuityprofessionals can take from observing crises unravelling in the media. The post Free Training Courtesy of President Trump appeared first on PlanB Consulting.
Following President Trump’s response to the far-right rally in Charlottesville, Charlie looks at the lessons business continuityprofessionals can take from observing crises unravelling in the media. The post Free Training Courtesy of President Trump appeared first on PlanB Consulting.
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