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These 8 Risk Domains Are the Meat and Potatoes of Risk Management 

MHA Consulting

As a practical activity, enterprise risk management (ERM) centers on eight distinct risk domains, some strategic and some operational. Second, we do not assess the risks to an organization with the expectation that every risk identified can or should be eliminated. Risk management is not one-size-fits all.

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Top 10 Resources to Help You Become a BCM Ninja 

MHA Consulting

In today’s post we’ll look at the top 10 free or almost free resources business continuity management professionals can utilize to help them raise their BCM skills and effectiveness to ninja level. However, there is one aspect of doing BCM that is much better and easier than it was when I was getting started 25 years ago.

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Global Turmoil Making You Ill? Try a Dose of Risk Management  

MHA Consulting

In such times, the best thing an organization can do is get serious about risk management. Related on BCMMETRICS: The ABCs of ERM: The Rise of Enterprise Risk Management An Unstable Global Environment Not since the height of the Cold War has the global environment felt as shaky as it does now.

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The Intersection of BCM and ERM

Castellan

As Business Continuity Management (BCM) programs continue to evolve and mature, Enterprise Risk Management (ERM) processes are just beginning to take hold. The promise of competitive advantage through effective risk management has captured the attention of executive managers worldwide.

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The Ultimate Guide to Residual Risk  

MHA Consulting

Reducing risk is at the heart of everything we do as business continuity professionals. This week’s blog post will spell out the key concepts relating to this all-important goal; call it “The Ultimate Guide to Residual Risk.” Inherent risk is what it is, but residual risk can be managed and reduced.

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

MHA Consulting

Successful risk mitigation requires that a central authority supervise controls following a coherent strategy. Try a Dose of Risk Management As a business continuity professional, I tip my hat to any organization that makes a serious effort to reduce its risks. This is all to the good.

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A BC Consultant’s View of the Risks of Generative AI

MHA Consulting

In today’s blog, we’ll look at those risks from the point of view of a business consultant who specializes in technology and IT disaster recovery. I think the greatest and most challenging risks are those pertaining to data and functionality. The dangers associated with tools such as ChatGPT, while genuine, are familiar and manageable.