Remove Acceptable Risk Remove Activation Remove Management Remove Risk Reduction
article thumbnail

The Ultimate Guide to Residual Risk  

MHA Consulting

Related on MHA Consulting: Know Your Gaps: Manage Residual Risk to Keep Your Company Safe Inherent Risk vs. Residual Risk There are two main kinds of risk when it comes to organizational activities and business continuity: inherent risk and residual risk.

article thumbnail

Who’s the Boss? Successful Risk Mitigation Requires Centralized Leadership

MHA Consulting

Try a Dose of Risk Management As a business continuity professional, I tip my hat to any organization that makes a serious effort to reduce its risks. They invest large sums but gain only small reductions in exposure. Simply put, successful risk management requires centralized risk mitigation leadership.