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Why BCM and ERM Should Be BFFs 

MHA Consulting

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 88
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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.

BCM 92
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The Ocado fire – when disaster recovery becomes real

IT Governance BC

Although share prices showed signs of recovery within a couple of days, more than £1 billion was wiped off the stock market value of the firm, as investors worried that retailers may be less keen to buy into the automated warehouse technology having seen that there is a potential vulnerability.*. Business continuity management.

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What Was New in ’22: The BCM Year in Review

MHA Consulting

Read on to learn about the BCM year in review. Try a Dose of Risk Management Getting Back in the Air This year, I’m glad to say, I returned to my prepandemic level of business travel. There’s a lot to be said for ruthless efficiency when it comes to BCM. Related on BCMMETRICS: Global Turmoil Making You Ill?

BCM 52
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An Introduction to FFIEC: BCM’s Gold Standard

MHA Consulting

FFIEC is, of course, one of many standards that organizations can adopt and seek to come into alignment with to strengthen their BCM programs. However, of the five, the FFIEC Business Continuity Management booklet is widely regarded as the toughest and best. The Gold Standard FFIEC is the most aggressive standard in the U.S.

BCM 74
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More Than Meets the Eye: The Hidden Benefits of BC Planning 

MHA Consulting

Related on BCMMETRICS: Don’t Give Up the Ship: Demonstrating the Benefits of Rigorous Crisis Management Training Benefits That Go Beyond BC The main purpose of a business continuity management (BCM) program is to help an organization get through disruptions with the least possible impact to its operations, reputation, stakeholders, and bottom line.

BCM 52
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The Ultimate Guide to Residual Risk  

MHA Consulting

In deciding its risk tolerance level, management should analyze the cost to the organization of having its operations offline. An organization that can undergo an outage of five days at no great cost is justified in having a high risk tolerance. Where risk tolerance is high, controls can be relaxed.