MHA Consulting
MARCH 30, 2023
Sometimes questions arise about the relationship between the business continuity management (BCM) team and the enterprise risk management (ERM) department. The fact is, both units—as well as the organization—benefit when BCM and ERM are BFFs (or best friends forever, as the kids say). BCM is more tactical and operations-focused.
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. law enforcement), and your insurance and regulatory communication and notification requirements. Most companies have a pretty good handle on the tactical side of crisis management.
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MHA Consulting
MARCH 23, 2023
FFIEC is, of course, one of many standards that organizations can adopt and seek to come into alignment with to strengthen their BCM programs. For this reason, it is often referred to as the Gold Standard of BCM standards. The Gold Standard FFIEC is the most aggressive standard in the U.S. marketplace.
MHA Consulting
FEBRUARY 9, 2023
There are two main types of risk transference: 1) buying insurance and 2) hiring a third-party vendor to perform an activity and passing on to them the risks associated with that activity. The Promise and Pitfalls of Insurance Insurance is the most frequently used and easiest method of risk transference.
Stratogrid Advisory
JUNE 3, 2020
Once implemented, a Business Continuity Management (BCM) Program will support your organization's value statement and its mission. The implementation of a Business Continuity Management (BCM) Program can be a complicated and lengthy process, which directly depends on the organization's size and complexity.
Stratogrid Advisory
JUNE 3, 2020
Once implemented, a Business Continuity Management (BCM) Program will support your organization's value statement and its mission. Section 2 - Business Continuity Management (BCM) Program Implementation. Section 7 - IT Disaster Recovery Plan. Section 9 - BCM Program Maintenance. 9 – BCM Program Maintenance.
Stratogrid Advisory
APRIL 12, 2020
In the “ An Introduction to Business Continuity Planning ” article, we outlined the main components of the Business Continuity Management (BCM) Program and introduced the basics of Business Continuity Planning (BCP). non-profits, law or accounting firms, insurance firms/brokers, professional service firms, architecture firms, etc.)
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