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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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Increasing the Pace and Scale of Community Wildfire Mitigation

National Fire Protection Association

As president of an organization that has worked tirelessly over the last 20 years on ways to reduce loss of life and property from wildfire, this latest news only reinforces NFPA’s strong conviction that more decisive policy action must be taken on all levels if we want to reduce losses from these events.

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Risk Management as a Career: A Guide for BCM Professionals

MHA Consulting

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. More simply, the job of the risk manager is to identify, prioritize, and mitigate the risks faced by the organization.

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Is Your Community Prepared for Flooding?

CCEM Strategies

Flooding is one of the most common, pervasive, and costliest natural hazards in Canada , with a history of causing major disasters. Recovering from flooding can be challenging, particularly as insurance coverage may be limited, extraordinarily costly, or unavailable depending on the type of flooding (i.e.,

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The road to EV safety requires a robust infrastructure

National Fire Protection Association

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.

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Risk Management Process- Part 1: Overview

Zerto

We will end the series with an overview of the risk prioritization and mitigation stages of the process. 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.

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Risk Assessment vs Risk Analysis

Reciprocity

A risk assessment evaluates all the potential risks to your organization’s ability to do business. A risk analysis is conducted for each identified risk, and security controls are pinpointed to mitigate or avoid these threats. Various types of hazards must be considered. What Is a Risk Assessment? Economic risk.