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Know Your Risk: Managing an Expanding Universe of Uncertainty

Fusion Risk Management

Risk management is typically discussed under two categories: Governance, Risk, and Compliance (GRC) or Integrated Risk Management (IRM). Strategic risk. What is strategic risk, and how do you manage it? Solutions Customer Summit Series.

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BCM Basics: Business Continuity vs. Business Resilience 

MHA Consulting

The terms business continuity and business resilience are superficially similar and a world apart. The terms business continuity and business resilience are a distinction with a difference. This was the context in which the concept of business resilience was born. The likely answer is not that much.

BCM 105
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Third-Party Risk Management 101

Fusion Risk Management

In today’s world, where we have seen massive supply chain disruptions, data breaches, enforcement actions, and a stunning series of customer failures, the world of third-party risk management (TPRM) has never been under more scrutiny. Let’s examine what third-party risk management means. Risk Assessment.

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Getting Started with Enterprise Risk Management

MHA Consulting

In today’s post, we’ll take a look at how organizations can get started using Enterprise Risk Management (ERM) to reduce their exposure and improve their resilience. Risk can never be completely removed, but it can be mitigated. ERM provides a framework for doing this in a systematic, results-oriented fashion.

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Automating Risk Functions for Greater Value Creation

Risk Management Monitor

Despite recent volatility, more than 60% of risk executives surveyed in a recent PwC US Pulse Survey were optimistic about the global economy, as well as the state of the pandemic recovery. This optimism could stem from a greater alignment between risk functions and the business. Allocate costs efficiently.

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Building Your Compass for Real-time Risk and Resiliency

Fusion Risk Management

Prior to the pandemic, it was commonplace for organizations to operate their risk and resiliency programs out of spreadsheets, documents, and even post-its – if they had a program at all. . The pace of change is ever-accelerating , with a myriad of new high impact and high ambiguity risks surfacing on the horizon.

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Business, Interrupted: The Resilience Movement and the New Normal for Business Continuity

Castellan

Resilience. In Scenarios Episode 002 of Castellan’s podcast, “ Business, Interrupted ,” we chatted about the evolution of these words in both meaning and practice, as well as the rapid evolution of operational resilience into a resilience movement, with James Crask, senior VP and head of resilience at Marsh. Continuity.