MHA Consulting
MARCH 14, 2024
Enterprise Risk Management is the activity of identifying and mitigating the hazards that threaten an organization (definition from Strong Language: The MHA Glossary of Essential Business Continuity Terminology , available for free download with registration). ERM is all about reducing. It all comes down to details.
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 a permanent ongoing activity. It’s not about eliminating risk completely but managing it in a rational, informed way.
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Risk Management Monitor
SEPTEMBER 21, 2021
With the cost of insurance for businesses rising across many types of coverage, staying on top of trends in the claims portfolio is more important than ever. For this reason, many insurers and TPAs promise to conduct claims reviews with their business customers on a regular basis, but the rigor can vary greatly.
National Fire Protection Association
NOVEMBER 2, 2022
NFPA has been committed to addressing potential fire hazards posed by EVs for some time, offering in-person and online trainings that teach first responders how to safely and effectively mitigate EV incidents. To date, NFPA has helped educate more than 300,000 first responders on this emerging hazard.
National Fire Protection Association
AUGUST 3, 2022
As we head into one of the hottest months of the year, daily news reports continue to broadcast stories of record high temperatures and severe drought conditions, both contributing factors to the increased wildfire activity spreading across the U.S. The increased funding for hazardous fuel in the Bipartisan Infrastructure Law, the U.S.
Zerto
APRIL 6, 2023
To determine your organization’s risk appetite (the amount of risk it is willing to accept to realize its objectives), you need consensus from leadership and all stakeholders. The aim of this framework isn’t to eliminate all risk but to ensure that the organization makes smart risk decisions that retain and increase enterprise value.
Risk Management Monitor
JULY 26, 2022
Controlling business costs is top-of-mind for organizations of all sizes and can take many forms, from moving the business to a less expensive building in a more economical part of town to cutting advertising costs. During their time together, the veteran employee can discuss safety concerns and identify potential hazards.
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