MHA Consulting

AUGUST 24, 2023

For those with a suitable temperament and skill set, a career in risk management can be rewarding due to the field’s broad scope, consequential nature, and rising prominence. In this week’s post, we’ll look at what a risk manager does and the skills it takes to excel in this role. It’s a permanent ongoing activity.

Risk Management 90

Risk Management BCM Management All-Hazards 90

MHA Consulting

FEBRUARY 15, 2024

An emerging hot topic in business continuity and risk management is the software known as a risk management information system (RMIS). An RMIS can help an organization identify, assess, monitor, and mitigate risks, but often they merely seduce and distract companies that are not in a position to make proper use of them.

BCM 84

BCM Risk Management Mitigation Business Continuity 84

MHA Consulting

FEBRUARY 9, 2023

Risk transference is one of the four main strategies organizations can use to mitigate risk. Try a Dose of Risk Management Wise organizations determine how much risk they will accept then make conscious efforts to bring their risk down below that threshold.

Insurance 87

Insurance Insurance Outsourcing Mitigation 87

MHA Consulting

MARCH 2, 2023

Risk limitation. A strategy in which measures are taken to reduce risk, short of completely eliminating it. Incorporates a combination of the strategies of risk avoidance and risk acceptance. Risk transfer. Most organizations use some combination of all of these strategies to manage their risks.

Mitigation 75

Mitigation BCM Acceptable Risk Risk Management 75