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Who’s the Boss? Successful Risk Mitigation Requires Centralized Leadership

MHA Consulting

Many companies spend millions of dollars implementing risk mitigation controls but are kept from getting their money’s worth by a disconnected, piecemeal approach. Successful risk mitigation requires that a central authority supervise controls following a coherent strategy. I wish it were true.

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Business Continuity vs Disaster Recovery: What’s the Difference?

NexusTek

READ TIME: 6 MIN May 15, 2023 Business Continuity vs Disaster Recovery: What’s the Difference? In fact, over the course of a 3-year period, 96% of businesses can expect to experience at least one IT systems outage 1. They ensure a firm can continue functioning without downtime, regardless of adverse circumstances or events.

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Crisis Management Explained: A Comprehensive Guide

Bernstein Crisis Management

Crisis management refers to an organization’s process- and strategy-based approach for identifying, preparing for, and responding to threats, unanticipated events, or any negative disruptions with the potential to harm people, property, or business processes.

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Don’t be left in the dark: Here’s how to create a business continuity plan that works

Online Computers

A business continuity plan (BCP) is a vital document that outlines the procedures and strategies an organization must follow to be able to continue operating in the event of an emergency or a disaster. Read also : 5 Real-life business continuity planning cases you need to know 5.

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Getting Started with Enterprise Risk Management

MHA Consulting

Risk can never be eliminated but it can be mitigated. Related on MHA Consulting: The ABCs of ERM: The Rise of Enterprise Risk Management Introducing Enterprise Risk Management In addition to being a business continuity consultant, I’m a business owner. Risk can never be completely removed, but it can be mitigated.

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Ensuring Operational Resilience Amidst Geopolitical Events

Fusion Risk Management

Activation of Business Continuity Plans Organizations should activate the business continuity plans that they have in place to minimize disruption to their operations. Crisis and Incident Response Geopolitical events often necessitate the activation of emergency response and crisis response plans.

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Business Continuity – The Future?

Plan B Consulting

Following his recent bulletins about whether business continuity is in decline and why resilience is not the solution, this week Charlie looks at how BC managers can save the profession. So, for our business continuity managers there are lots of threats to plan for, mitigate and prepare the organisation’s response to.