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Business Continuity and Risk Management

BCP Builder

What is the relationship between Business Continuity and Risk Management? The relationship between Business Continuity and Risk Management depends on the organization. In most cases, Business Continuity is a sub-domain of Risk Management. It is a collection of good management practices linked together.

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Chronic Hazards

everbridge

Four steps for organizations to proactively address chronic hazards Global climate change continues to have a profound impact on businesses worldwide, with chronic hazards such as flooding, wildfires, and extreme weather conditions posing a significant risk to industries.

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Getting Started with Enterprise Risk Management

MHA Consulting

In today’s post, we’ll take a look at how organizations can get started using Enterprise Risk Management (ERM) to reduce their exposure and improve their resilience. Risk can never be completely removed, but it can be mitigated. ERM is all about reducing. It all comes down to details.

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Risk Management Process- Part 1: Overview

Zerto

Risk management describes how a business identifies, analyzes, and responds to threats and risk factors that impact its profitability, viability, and strategic goals. Risk management attempts to control future threats by planning preemptively and deploying effective risk-control measures.

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Acute hazards & expanding ESG regulations: how organizations can succeed in the face of new challenges

everbridge

Acute hazards pose a significant threat to organizations, as they can disrupt business operations, endanger employees, and lead to substantial financial losses. This is particularly pertinent given the growing threat of climate change, which is likely to increase the frequency and severity of acute hazards.

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Risk Management Process- Part 3a: Risk Assessment and Risk Identification

Zerto

In the previous post of this risk management series, we covered the business impact analysis (BIA) , which is a crucial step in understanding the impact of potential disruptions to critical business processes. Now, we move on to the next critical step in the process: risk assessment , and its first stage, risk identification.

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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

Enterprise risk management (ERM) is critical for success in the modern business landscape. Your ERM program should encompass all aspects of risk management and response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters.