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As a practical activity, enterprise riskmanagement (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. 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.
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.
This podcast’s guest is Patrick Hardy who is the founder and CEO of Hytropy Disaster Management ™ Patrick is a Certified Emergency Manager®, Certified RiskManager®, Master Business ContinuityProfessional®, and a FEMA Master of Exercise®, he has extensive experience working in the public, private, and non-profit sectors in disaster management from (..)
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.
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.
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.
Turner calls business continuity her first love, adding that in her role at Microsoft, she had a unique opportunity to integrate riskmanagement into business continuity, initiating an operational enterprise riskmanagement program that united governance with business continuity as an operational risk.
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.
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.
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.
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.
A great place to get an overview of the whole BC field, from Program Administration to Exercises to RiskManagement 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.
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.
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.” Only senior management can decide what the company’s risk tolerance is and fund more mitigation.
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.
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.
If we had a known threat, why weren’t business continuityprofessionals prepared? The converse of point one is that if riskmanagement is so great and comprehensive, why were so few of us prepared?
If we had a known threat, why weren’t business continuityprofessionals prepared? The converse of point one is that if riskmanagement is so great and comprehensive, why were so few of us prepared?
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. Tips on Dealing with the AI Threat Those are the three main risks of AI from a BC perspective, as I see them. Related on MHA Consulting: Global Turmoil Making You Ill?
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.
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.
If we had a known threat, why weren’t business continuityprofessionals prepared? The converse of point one is that if riskmanagement is so great and comprehensive, why were so few of us prepared?
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 continuityprofessionals who want to make their organizations more resilient should make a conscious effort to become gap hunters. Time spent identifying and closing gaps in the organization’s preparedness is an investment that brings exceptional returns.
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!
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. Many organizations say they want to diversify at senior levels, but their efforts to connect with minority professionals are half-hearted and misguided.
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. Many organizations say they want to diversify at senior levels, but their efforts to connect with minority professionals are half-hearted and misguided.
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.
Many business management disciplines, including Business ContinuityManagement (BCM) and Operational RiskManagement (ORM), contribute to continuous improvement and safeguards of the organization’s resources and strategic goals.
Many business management disciplines, including Business ContinuityManagement (BCM) and Operational RiskManagement (ORM), contribute to continuous improvement and safeguards of the organization’s resources and strategic goals.
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!
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!
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!
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 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.
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. This ability directly influences how quickly a company can recover from cyberattacks.
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. I came across this term during my reading on crisis management, but until very recently I wasn’t aware of the definition of the word nor where it came from.
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. I came across this term during my reading on crisis management, but until very recently I wasn’t aware of the definition of the word nor where it came from.
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.
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