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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

We are living in a golden age in terms of the easy availability of high-quality information on how organizations can make themselves more resilient. 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. All you have to do is take the initiative and go get it.

BCM 92
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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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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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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. All of these standards are valuable, well-regarded tools that are capable of helping organizations become more resilient. The Gold Standard FFIEC is the most aggressive standard in the U.S.

BCM 74
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The Ultimate Guide to Residual Risk  

MHA Consulting

Residual risk is one of the foundational concepts of business continuity management. Identifying and reducing residual risk is the most cost-effective way of making an organization more resilient. Understanding Risk Tolerance In managing risk, the goal for organizations is not to get their risk down to zero.