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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. There are six steps to the process, and successful risk managers perform all of them on a continuous loop.

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Third-Party Due Diligence Best Practices

Reciprocity

For instance, if a company wants to outsource work or hire a new supplier or vendor, it will do third-party due diligence to determine any risks or possible issues with this new partnership. Making a list of all prospective third parties and assessing their risk is the first step in the third-party due diligence procedure.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Business Continuity Planning Guide for Smaller Organizations Last Updated on June 4, 2020 by Alex Jankovic Reading Time: 26 minutes We all live in an unpredictable world. BCP requires collaboration across the entire organization and the participation of all business units and departments. Business Continuity is not a data backup.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

We all live in an unpredictable world. Business Continuity should be one of the top priorities for all organization leaders, and response plans should be implemented in organizations of all sizes. BCP requires collaboration across the entire organization and the participation of all business units and departments.