MHA Consulting

FEBRUARY 23, 2023

Many companies spend millions of dollars implementing risk mitigation controls but are kept from getting their money’s worth by a disconnected, piecemeal approach. Successful risk mitigation requires that a central authority supervise controls following a coherent strategy. I wish it were true.

Mitigation 83

Mitigation Authorization Risk Management Vulnerability 83

MHA Consulting

MARCH 2, 2023

Inherent risk is the danger intrinsic to any business activity or operation. Residual risk is the amount of risk that remains in an activity after mitigation controls are applied. Putting it in mathematical terms: (Inherent risk) – (the risk eliminated by your mitigation controls) = residual risk.

Mitigation 75

Mitigation BCM Acceptable Risk Risk Management 75

MHA Consulting

APRIL 20, 2023

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. Related on MHA Consulting: Who’s the Boss?

Resilience 52

Resilience Risk Management Mitigation BCM 52

MHA Consulting

APRIL 20, 2023

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. Related on MHA Consulting: Who’s the Boss?

Resilience 52

Resilience Risk Management Mitigation BCM 52

Erwood Group

JANUARY 28, 2024

Business continuity is an investment in risk reduction and organizational resilience. While it might not guarantee complete immunity from disruptions, it significantly improves an organization’s ability to navigate challenges and recover swiftly, mitigating potential financial losses.

Business Continuity 52

Business Continuity Disaster Recovery Continuity Planning Crisis Management 52

Emergency Planning

MARCH 7, 2019

There is thus no reason why BCM should not apply to public bodies. Reality: There may indeed be villains, although the 'therapeutic community' that prevails in the aftermath tends to mitigate their effect, but most people who act selflessly and in favour of others are not strictly heroes but are just doing their jobs as best they can.

Hospitality 130

Hospitality All-Hazards Risk Reduction Logistics 130