Remove Disaster Recovery Remove Impact Analysis Remove Risk Reduction
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Risk impact

MHA Consulting

Manage the Risk : for frequently occurring, low-impact risks the most sensible strategy is to monitor and seek to reduce the risk. Reduce the Risk : a frequent, potentially damaging event is a target for risk reduction measures. An example is the development of procedures to reduce operator error.

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Unlocking the Truth: Navigating 20 Myths About Business Continuity

Erwood Group

Section 1: The Scope of Business Continuity Myth 1: Business Continuity is Only About IT Disaster Recovery or DR. Contrary to popular belief, business continuity extends far beyond IT recovery. You can also seek out new clients that require vendors or suppliers to have business continuity and disaster recovery plans in place.

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How a Risk Maturity Model Can Increase Your Company’s Resilience

MHA Consulting

A mature, fully integrated risk model would like something like this: As part of the business impact analysis (BIA), people would be doing risk assessments of different areas at different levels throughout the company. The goal should be to gradually move toward a more comprehensive, mature approach.

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How a Risk Maturity Model Can Increase Your Company’s Resilience

MHA Consulting

A mature, fully integrated risk model would like something like this: As part of the business impact analysis (BIA), people would be doing risk assessments of different areas at different levels throughout the company. The goal should be to gradually move toward a more comprehensive, mature approach.

article thumbnail

Risk impact

MHA Consulting

Manage the Risk : for frequently occurring, low-impact risks the most sensible strategy is to monitor and seek to reduce the risk. Reduce the Risk : a frequent, potentially damaging event is a target for risk reduction measures. An example is the development of procedures to reduce operator error.