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As a practical activity, enterprise riskmanagement (ERM) centers on eight distinct risk domains, some strategic and some operational. Second, we do not assess the risks to an organization with the expectation that every risk identified can or should be eliminated. Riskmanagement is not one-size-fits all.
Riskmanagement and resilience are becoming increasingly important to success in the dynamic business world. For business continuityprofessionals, ensuring their programs are recognized as essential components of an overall business strategy is critical.
Eric Holdeman is a professional emergency manager who is passionate about providing information that can help families, businesses & governments become better prepared for disasters of all types. Hear first hand expert insights from Eric on his Podcast , Blog & EricHoldeman.com.
In such times, the best thing an organization can do is get serious about riskmanagement. Related on BCMMETRICS: The ABCs of ERM: The Rise of Enterprise RiskManagement An Unstable Global Environment Not since the height of the Cold War has the global environment felt as shaky as it does now.
Episode Summary: This week, we interview a user of the Adaptive Business Continuity (ABC) principles as a follow up to our episodes about ABC's founders a few weeks ago. Garay, a Business Continuityprofessional with more than 20 years of experience in the financial sector in Peru. Links: Jose Garay- LinkedIn.
James holds the MBCI designation from the Business Continuity Institute, the Certified Business ContinuityProfessional certification from the Disaster Recovery Institute International and is recognized as an Enterprise RiskManagement Expert by the Credit Union National Association.
Along with Mark Armour he founded AdaptiveBCP.org and authored Adaptive Business Continuity: A New Approach. He consults, teaches, and advises on project management and business continuity. Mark Armour is a business continuity leader with over 17 years of experience in the field.
During COVID, business tended to focus on only two of the five risk types; however, organizations that want to prosper over the long term need to be cognizant of and plan for all five kinds of risk. In one respect, COVID continues to distort people’s approach to risk. Another pandemic could occur. Compliance.
It’s a time of transformation and with that comes the need to continuously add to our skill sets, letting our experiences guide us toward opportunities to be ever-more prepared to deal with the next big disaster or disruption for our workplaces. They’re part of a larger goal—to ensure operational resilience with ongoing riskmanagement.
Successful risk mitigation requires that a central authority supervise controls following a coherent strategy. Try a Dose of RiskManagement As a business continuityprofessional, I tip my hat to any organization that makes a serious effort to reduce its risks. This is all to the good.
In today’s post we’ll look at the top 10 free or almost free resources business continuitymanagementprofessionals can utilize to help them raise their BCM skills and effectiveness to ninja level. A great place to get an overview of the whole BC field, from Program Administration to Exercises to RiskManagement and Mitigation.
In enterprise riskmanagement (ERM), risk is commonly divided into eight distinct risk domains, some strategic and some operational. Before we discuss the eight risk domains, there are three general points about riskmanagement that are worth keeping in mind: 1. Hope is not a strategy.
Reducing risk is at the heart of everything we do as business continuityprofessionals. This week’s blog post will spell out the key concepts relating to this all-important goal; call it “The Ultimate Guide to Residual Risk.” Inherent risk is what it is, but residual risk can be managed and reduced.
Geopolitical risk is arguably at the highest level it’s been in 50 years. Try a Dose of RiskManagement A World in Tumult There’s a consensus among the key executives I’ve talked to recently: the current global environment contains more risk for organizations than at any time in the last half century.
If you ask many business continuityprofessionals, their career paths were far from straight and direct. Few, like other professions, pursued a business continuity degree, graduated college, and landed a business continuity role right out of the gate. Resilience Throughout the Enterprise. The Benefits of a Mentor.
Business continuityprofessionals can learn a lot from the U.S. of Defense’s approach to operational riskmanagement. In today’s post, I’ll summarize the DOD’s five-step approach to ORM and explain how each step might be helpful to your organization. Learning from the Military I’ve always admired the U.S.
As a business continuityprofessional, there are steps you can take before and during such an attack to help your organization get … The post How to Help Your Organization Get Through a Ransomware Attack appeared first on MHA Consulting. Ransomware attacks are increasing in frequency and severity.
For business continuityprofessionals, the goal is to protect the organization’s continuity of operations. Third-party management, for example, is not just about onboarding vendors, but also assessing them and understanding the vendor risks so that your organization can continue to deliver products and services, no matter what.
Episode 73: Crisis Management with an Equity Lens Vanessa is on her own and speaking truth to power in this episode on crisis management and the ongoing racial-justice crisis. LINKS MENTIONED] • “Managing the Racial Wealth Gap Crisis” – [link] • “Achieving Resilience with Diversity and Inclusion” – [link] DRJ Webinars: • Aug.
Episode 73: Crisis Management with an Equity Lens Vanessa is on her own and speaking truth to power in this episode on crisis management and the ongoing racial-justice crisis. LINKS MENTIONED] • “Managing the Racial Wealth Gap Crisis” – [link] • “Achieving Resilience with Diversity and Inclusion” – [link]. DRJ Webinars: • Aug.
With the ongoing criticism of the UK’s visa scheme for refugees fleeing the war in Ukraine and the news that only a low number of refugees have been taken in so far, Charlie looks at dynamic risk assessments and the importance of managing incidents proactively, rather than reactively.
With the ongoing criticism of the UK’s visa scheme for refugees fleeing the war in Ukraine and the news that only a low number of refugees have been taken in so far, Charlie looks at dynamic risk assessments and the importance of managing incidents proactively, rather than reactively. Use dynamic risk assessments.
Business continuityprofessionals who want to make their organizations more resilient should make a conscious effort to become gap hunters. But too often knowledge of these workarounds is confined to managers or supervisors. Many organizations plan on using manual workarounds if their systems go down. That’s fine.
In today’s blog, we’ll look at those risks from the point of view of a business consultant who specializes in technology and IT disaster recovery. I think the greatest and most challenging risks are those pertaining to data and functionality. The dangers associated with tools such as ChatGPT, while genuine, are familiar and manageable.
As we have all managed responses to COVID, we know that the response is much, much more complex. If we had a known threat, why weren’t business continuityprofessionals prepared? If we had a known threat, why weren’t business continuityprofessionals prepared?
As we have all managed responses to COVID, we know that the response is much, much more complex. If we had a known threat, why weren’t business continuityprofessionals prepared? If we had a known threat, why weren’t business continuityprofessionals prepared?
Read on to learn the key qualities of successful cybersecurity leaders, how to build and retain a strong security team, strategies for fostering continuousprofessional growth, and methods to create a culture of security within your organization. Leaders set the tone for how seriously cybersecurity is taken throughout the company.
Episode 73: Crisis Management with an Equity Lens Vanessa is on her own and speaking truth to power in this episode on crisis management and the ongoing racial-justice crisis. LINKS MENTIONED] • “Managing the Racial Wealth Gap Crisis” – [link] • “Achieving Resilience with Diversity and Inclusion” – [link]. DRJ Webinars: • Aug.
As Business ContinuityManagement (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.
business continuity industry saw an average of about 20-25 new job postings each week , with about 30-35 on average internationally. While other industries around the globe struggled to adapt—and many experienced unprecedented job losses—business continuitymanaged to thrive and grow. After a slight downturn in March 2020, U.S.
With the ongoing criticism of the UK’s visa scheme for refugees fleeing the war in Ukraine and the news that only a low number of refugees have been taken in so far, Charlie looks at dynamic risk assessments and the importance of managing incidents proactively, rather than reactively. Use dynamic risk assessments.
Episode 123: DRJ Fall 2022 Conference Recap This episode is brought to you by Fusion RiskManagement, Building a More Resilient World Together. In addition to our favorite conference takeaways, in this episode we discuss the topics and trends business continuityprofessionals need to focus on in 2023.
Episode 123: DRJ Fall 2022 Conference Recap This episode is brought to you by Fusion RiskManagement, Building a More Resilient World Together. In addition to our favorite conference takeaways, in this episode we discuss the topics and trends business continuityprofessionals need to focus on in 2023.
As we have all managed responses to COVID, we know that the response is much, much more complex. If we had a known threat, why weren’t business continuityprofessionals prepared? If we had a known threat, why weren’t business continuityprofessionals prepared?
Capture Useful Data Business continuityprofessionals love data, but it’s important to collect useful data and not just data for the sake of it. To learn more about how Fusion can help improve your BIA process, contact your Account Manager or request a demo today!
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. Once you skip over a few Google ads and relevant, but not local, articles (e.g.
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?
They collaborate with legal teams to navigate complex legal frameworks and mitigate potential risks. Managing Data Subject Requests: As the primary point of contact for data subjects, the Data Privacy Officer handles data subject requests regarding access, rectification, erasure, and restriction of personal data processing.
Episode 124: A Business Continuity Framework You Can Use in Your Personal Life This episode is brought to you by Fusion RiskManagement, Building a More Resilient World Together. As business continuityprofessionals, we prepare for possible disasters that may strike the business world.
Episode 127: Strategic Communication Methods for DE & I This episode is brought to you by Fusion RiskManagement, Building a More Resilient World Together. Business continuityprofessionals need to focus on strategic communication and how corporations take responsibility for their actions.
Episode 127: Strategic Communication Methods for DE & I This episode is brought to you by Fusion RiskManagement, Building a More Resilient World Together. Business continuityprofessionals need to focus on strategic communication and how corporations take responsibility for their actions. Request a demo at [link] today!
Episode 124: A Business Continuity Framework You Can Use in Your Personal Life This episode is brought to you by Fusion RiskManagement, Building a More Resilient World Together. As business continuityprofessionals, we prepare for possible disasters that may strike the business world.
Continuity. And, as a business continuityprofessional, have they changed in scope and complexity in the past year? Risk analysis and continuousriskmanagement will also play important roles, as well as prioritizing riskmanagement and risk response. Resilience. DOWNLOAD NOW.
Episode 119: Business Continuity in a Recession – What You Need to Know This episode is brought to you by Fusion RiskManagement, Building a More Resilient World Together. Request a demo at [link] today! Request a demo at [link] today! LinkedIn: [link] Disaster Recovery Journal: [link]
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