MHA Consulting

FEBRUARY 16, 2023

This post is part of BCM Basics, a series of occasional, entry-level blogs on some of the key concepts in business continuity management. The strategic side of CM refers to preparations and mitigations the organization should put in place ahead of time to strengthen its crisis response capability. Training and awareness.

Crisis Management 81

Crisis Management Strategic BCM Management 81

MHA Consulting

MARCH 2, 2023

Inherent risk is the danger intrinsic to any business activity or operation. Residual risk is the amount of risk that remains in an activity after mitigation controls are applied. Putting it in mathematical terms: (Inherent risk) – (the risk eliminated by your mitigation controls) = residual risk.

Mitigation 75

Mitigation BCM Acceptable Risk Risk Management 75

Stratogrid Advisory

JUNE 3, 2020

We recognize that many business continuity planning terms and industry-leading methodologies can be foreign to your organization. It can be overwhelming if your organization has never implemented a robust business continuity program. It requires a budget and long-term commitment (hence why it is a BCM Program).

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

We recognize that many business continuity planning terms and industry-leading methodologies can be foreign to your organization. It can be overwhelming if your organization has never implemented a robust business continuity program. Section 2 - Business Continuity Management (BCM) Program Implementation.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52