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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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Reflections on the Turkish-Syrian Earthquakes of 6th February 2023: Building Collapse and its Consequences

Emergency Planning

It is a mixture of simple errors, lax procedures, ignorance, deliberate evasion, indifference to public safety, untenable architectural fashions, corruption and failure to enforce the codes. A view on how to mitigate earthquake damages in Turkey from a civil engineering perspective. It is these that collapse. Ozmen, H.B.

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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. No fancy analytics, no Artificial Intelligence but good old-fashioned relationship building.

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Operational Excellence at the New York Stock Exchange: Our Q&A with NYSE’s President by Jesse Purewal

PagerDuty

Mitigating the risk of operational failure is top of mind—and a top budget priority —for executives. If you’ve got good data—and AI on top of good data—you’re going to enable the human being to do higher value-add types of activities in a much more efficient fashion.

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Know Your Risk: Managing an Expanding Universe of Uncertainty

Fusion Risk Management

When thinking about GRC, it is a broad term used to define the programs and practices that organizations implement to monitor and mitigate risks, verify compliance and regulatory alignment, and align these elements to organizational goals. The industry has more recently established the term IRM.

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Risk Management: Is Your Strategy Keeping Pace?

On Solve

In addition, about half of respondents indicated they aren’t proactively mitigating risk, yet only 38 percent say their current risk management strategies are effectively measured or optimized today. Without this, the tendency is for departments to operate in separate silos and tackle risk in a disjointed, ad-hoc fashion.

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Is Your Business Continuity Old Skool?

Plan B Consulting

One staff member would call several other staff members in their team in order to get the message out to all staff, such as, the BCP has been activated and staff should report to the recovery centre. If there is a risk out there which we have the skills to mitigate, develop a response and train people on, then embrace the challenge.