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Who’s the Boss? Successful Risk Mitigation Requires Centralized Leadership

MHA Consulting

Many companies spend millions of dollars implementing risk mitigation controls but are kept from getting their money’s worth by a disconnected, piecemeal approach. Successful risk mitigation requires that a central authority supervise controls following a coherent strategy. Related on MHA Consulting: Global Turmoil Making You Ill?

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CIOs as Catalysts for Change: Leading Through Technology

NexusTek

CIOs as Catalysts for Change: Leading Through Technology February 21, 2025 The Chief Information Officer (CIO) role has evolved beyond IT managementits now a driving force for business transformation. Is your technology strategy evolving with business needs or reacting to them? But the demands are mounting.

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The Top 8 Risk Mitigation Controls, in Order 

MHA Consulting

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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Why You Need Cyber Resilience and Defence in Depth

IT Governance BC

Our head of GRC (governance, risk and compliance) consultancy, Damian Garcia, explains. Suppose youve identified a risk, and youve implemented a control to mitigate it. As a consultant, you have to recognise that theres little black and white youre dealing with lots of shades of grey. Youll still need to accept the risk exists.

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Crisis Management Team, Assemble!

Bernstein Crisis Management

An informed and practiced response will typically ensure damage is prevented or mitigated as much as possible while safeguarding your good name. This might include: IT Specialists: For handling technological crises, such as cybersecurity breaches. Finance Experts: To manage and mitigate financial risks and implications.

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What Entrepreneurs Need to Know About Risk

MHA Consulting

But as their companies grow, business owners can and should start becoming more proactive about mitigating risk. Related on MHA Consulting: Single Points of Failure: Protecting Yourself from Hanging by a Thread Risk and the Entrepreneur In writing today’s blog, I’m going to switch between my consultant’s hat and my entrepreneur’s hat.

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Business Process Automation: What It Is and How to Use It

LogisManager

Business process automation (BPA) involves the use of software and technology to automate recurring or manual tasks. For risk managers, BPA offers a structured approach to identifying , managing, and mitigating risks that is both scalable and efficient. What Is Business Process Automation (BPA)?