Remove Continuity Professionals Remove Mitigation Remove Risk Management
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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. With respect to this process, the total landscape of risk that is assessed and mitigated can be divided into eight risk domains. Risk management is not one-size-fits all.

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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. I wish it were true.

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Global Turmoil Making You Ill? Try a Dose of Risk Management  

MHA Consulting

In such times, the best thing an organization can do is get serious about risk management. Related on BCMMETRICS: The ABCs of ERM: The Rise of Enterprise Risk Management An Unstable Global Environment Not since the height of the Cold War has the global environment felt as shaky as it does now.

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Reviewing the Five Types of Risk 

MHA Consulting

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. The wise organization develops strategies and plans to mitigate and prepare for all five types of risk.

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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. 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 the danger intrinsic to any business activity or operation.

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Business, Interrupted: Adopting New Skill Sets to Evolve as Continuity and Resilience Professionals

Castellan

Turner calls business continuity her first love, adding that in her role at Microsoft, she had a unique opportunity to integrate risk management into business continuity, initiating an operational enterprise risk management program that united governance with business continuity as an operational risk.

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Top 10 Resources to Help You Become a BCM Ninja 

MHA Consulting

A great place to get an overview of the whole BC field, from Program Administration to Exercises to Risk Management and Mitigation. Contains links to toolkits for preparing for different hazards as well as pages on Emergency Response Plans, Crisis Communications Plans, Incident Management, IT/DR, and much more.

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