Remove Continuity Professionals Remove Mitigation Remove Outage
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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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The Ultimate Guide to Residual Risk  

MHA Consulting

Reducing risk is at the heart of everything we do as business continuity professionals. Residual risk is the amount of risk that remains in an activity after mitigation controls are applied. Putting it in mathematical terms: (Inherent risk) – (the risk eliminated by your mitigation controls) = residual risk.

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Reviewing the Five Types of Risk 

MHA Consulting

The wise organization develops strategies and plans to mitigate and prepare for all five types of risk. In one respect, COVID continues to distort people’s approach to risk. Today many business continuity professionals are worrying disproportionately about the possibility of another pandemic, to the exclusion of other threats.

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Top 10 Resources to Help You Become a BCM Ninja 

MHA Consulting

Anything and everything is out there regarding how you can protect your organization and its stakeholders from disruptions and recover quickly when outages occur. A great place to get an overview of the whole BC field, from Program Administration to Exercises to Risk Management and Mitigation. Other BCM professionals.

BCM 98
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Why Every BC Professional Should Become a Gap Hunter

MHA Consulting

Business continuity professionals who want to make their organizations more resilient should make a conscious effort to become gap hunters. Sorting out such problems can take hours if not days, an expensive proposition if the issue is prolonging an outage. This can be crippling during an outage. Unrealistic tests.

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The Times They Are a-Changin’: Adapting to Change as a BCM Professional

MHA Consulting

The same thing is true of organizations and business continuity professionals. This is the area of fundamental BC concepts and methodology, and the need for BC professionals to understand these things inside and out if they hope to have a positive impact.

BCM 98
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Leading by (Bad) Example: Companies in the News Show What Not to Do 

MHA Consulting

Related on MHA Consulting: The Art of Explaining: MHA’s Best Crisis Communications Resources We business continuity professionals spend a lot of time telling our colleagues and clients about the negative impacts an organization can experience if it gives short shrift to the need to become resilient and plan for outages.