National Fire Protection Association
JUNE 5, 2023
Both in-house personnel and outsourced personnel should be considered as part of the recovery plan. If a particular task requires a qualified person, that need must be met whether or not the laborer is supplied in house or by an outsourced contractor. A site-specific safety plan should be in place before any potential disaster occurs.
MHA Consulting
AUGUST 24, 2023
As a reminder, risk management is the process of understanding the hazards facing an organization and taking steps to bring them to within a level determined to be acceptable by the senior leadership. It’s not about eliminating risk completely but managing it in a rational, informed way.
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Plan B Consulting
FEBRUARY 22, 2013
Whilst horsemeat is not a health hazard and it is eaten in many countries, there is the issue of the medicinal drugs which are given to horses. When I teach the BCI 5 day business continuity course, a key theme of the course is that “you can outsource the activity but not the risk”.
Plan B Consulting
FEBRUARY 22, 2013
Whilst horsemeat is not a health hazard and it is eaten in many countries, there is the issue of the medicinal drugs which are given to horses. When I teach the BCI 5 day business continuity course, a key theme of the course is that “you can outsource the activity but not the risk”.
Reciprocity
OCTOBER 7, 2024
For instance, if a company wants to outsource work or hire a new supplier or vendor, it will do third-party due diligence to determine any risks or possible issues with this new partnership. Nevertheless, if third-party vendor relationships are poorly managed, they can expose businesses to several hazards.
Stratogrid Advisory
JUNE 3, 2020
Risk Methodology The Risk Assessment can be completed by using a traditional Operational Risk Management (ORM) methodology (for larger organizati ons), or an All-Hazards Risk Assessment (AHRA) approach. Examples of IT options are: secondary data centres, migration to cloud-based services, or outsourcing part of IT operations.
Stratogrid Advisory
JUNE 3, 2020
The Risk Assessment can be completed by using a traditional Operational Risk Management (ORM) methodology (for larger organizati ons), or an All-Hazards Risk Assessment (AHRA) approach. The development of a business continuity strategy will require a high level of support from the internal or outsourced IT organization.
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