MHA Consulting

MARCH 2, 2023

Managing residual risk is similar to deciding how much of a deductible you are willing to accept in buying auto insurance. And in some cases, just as with car insurance, companies might be paying more for risk mitigation than they really need, if they have a relatively high risk tolerance.)

Mitigation 75

Mitigation BCM Acceptable Risk Risk Management 75

MHA Consulting

APRIL 20, 2023

Second, using the risk maturity model pays. Over time, we see risks go down, the number of outages decrease, and insurance and other costs decrease. There’s nothing better than to go through the different of your company and be able to show how you reduced risk in that area.

Resilience 52

Resilience Risk Management Mitigation BCM 52

MHA Consulting

APRIL 20, 2023

Second, using the risk maturity model pays. Over time, we see risks go down, the number of outages decrease, and insurance and other costs decrease. There’s nothing better than to go through the different of your company and be able to show how you reduced risk in that area.

Resilience 52

Resilience Risk Management Mitigation BCM 52

Erwood Group

JANUARY 28, 2024

Another is through gaining insurance coverage without increasing the premium from the provider. Business continuity is an investment in risk reduction and organizational resilience. You can then use the Utility of your BCM program to effectively calculate the ROI of your program.

Business Continuity 52

Business Continuity Disaster Recovery Continuity Planning Crisis Management 52