Remove Acceptable Risk Remove Mitigation Remove Strategic Remove Technology
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The Difference Between Strategic and Operational Risk

Reciprocity

New technologies, increasing digitization, and evolving customer demands create risks that can disrupt operations, weaken cybersecurity, and harm the organization’s reputation or financial position – and above all, leave the organization unable to achieve its business objectives. Enterprise Risk Management (ERM).

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These 8 Risk Domains Are theĀ Meat and Potatoes of Risk ManagementĀ 

MHA Consulting

As a practical activity, enterprise risk management (ERM) centers on eight distinct risk domains, some strategic and some operational. With respect to this process, the total landscape of risk that is assessed and mitigated can be divided into eight risk domains.

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Risk Management as a Career:Ā A Guide for BCM Professionals

MHA Consulting

They include process and procedural robustness and integrity; people, skills, and training; insurance and self-insurance; the supply chain, outsourcing, and inherent risk; infrastructure, systems, and telecommunications; and physical and information security. Good, foundational knowledge of technology.

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At Risk of Distraction: The Seductive Appeal of RMIS Software

MHA Consulting

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.

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