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

MHA Consulting

In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall. What Is a Risk Maturity Model?

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

MHA Consulting

In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that threaten its core services, and integrate business continuity with enterprise risk management, thus boosting resilience overall. What Is a Risk Maturity Model?

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Top reasons why Business Continuity Planning is ignored!

Stratogrid Advisory

Listed below are some of the most common justifications for not implementing a robust Business Continuity Management (BCM) Program : 1. Is it aligned with your business continuity requirements ( Business Impact Analysis - BIA anyone)? Key BCM Program stakeholders moving into new positions or leaving the company.

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The Impact of Hybrid Work Environments on Resilience Management

Castellan

In fact, according to respondents in the 2022 Global BCM Compensation Report , about 60% anticipate having a hybrid work solution with one to four days in the office and the rest remaining remote. How do you know which new risks exist and how can your organization better plan to respond? Understanding Remote Work Risks.

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What is a Business Impact Analysis (BIA)?

Stratogrid Advisory

What is a Business Impact Analysis (BIA)? The Business Impact Analysis (BIA) is a cornerstone of the Business Continuity Management (BCM) Program. If not executed efficiently, the organization’s stakeholders could quickly lose interest, and the BIA results could not meet your BCM Program requirements.

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Is Business Continuity One of the Victims of COVID?

Plan B Consulting

The converse of point one is that if risk management is so great and comprehensive, why were so few of us prepared? Is risk management a paper exercise in meaninglessness, where it all looks good on paper, but if it doesn’t actually lead to action and mitigation then what is the point of it?