article thumbnail

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. Can BCM jumpstart ERM? Definitions.

BCM 40
article thumbnail

Unlocking the Truth: Navigating 20 Myths About Business Continuity

Erwood Group

Section 1: The Scope of Business Continuity Myth 1: Business Continuity is Only About IT Disaster Recovery or DR. Contrary to popular belief, business continuity extends far beyond IT recovery. You can also seek out new clients that require vendors or suppliers to have business continuity and disaster recovery plans in place.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Ultimate Guide to Residual Risk  

MHA Consulting

The thing to avoid is, blindly carrying on while having no idea of how much risk the company is running. Working with Senior Management As stated above, it is up to management to decide how much risk the organization can tolerate. Summing Up Risk reduction lies at the heart of business continuity.

article thumbnail

How a Risk Maturity Model Can Increase Your Company’s Resilience

MHA Consulting

A mature risk model enables companies to gather data on risks from across the organization, and identify the handful of areas that are both highly critical and highly vulnerable.

article thumbnail

How a Risk Maturity Model Can Increase Your Company’s Resilience

MHA Consulting

A mature risk model enables companies to gather data on risks from across the organization, and identify the handful of areas that are both highly critical and highly vulnerable.

article thumbnail

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

MHA Consulting

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. Unfortunately, many companies do not get their money’s worth when it comes to implementing risk mitigation controls.