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Getting Started with Enterprise Risk Management

MHA Consulting

Risk can never be eliminated but it can be mitigated. 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).

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BCAW : Supply Chain : What can organisations do to attempt to protect themselves from supply chain risks?

Plan B Consulting

First and foremost, those organisations who use business continuity as a ‘tick box exercise’, or as a requirement from their insurance company need to start truly embedding Business Continuity into business-as-usual activities as soon as possible. Finally, there is the gold fashioned risk assessment.

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What Is Risk Management?

LogisManager

Once you have assessed these risks you will want to create a plan for risk mitigation and risk monitoring so that you are in control of potential threats. However, risk management is an umbrella term that accounts for a number of more granular activities. Risk Management Definition. It’s a concept that has been around for ages.