Castellan

DECEMBER 1, 2021

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

BCM Business Continuity Risk Management Risk Reduction 40

MHA Consulting

MARCH 2, 2023

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.

Mitigation 75

Mitigation BCM Acceptable Risk Risk Management 75

MHA Consulting

APRIL 20, 2023

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.

Resilience 52

Resilience Risk Management Mitigation BCM 52

MHA Consulting

APRIL 20, 2023

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.

Resilience 52

Resilience Risk Management Mitigation BCM 52

MHA Consulting

FEBRUARY 23, 2023

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.

Mitigation 83

Mitigation Authorization Risk Management Vulnerability 83

Emergency Planning

MARCH 7, 2019

There is thus no reason why BCM should not apply to public bodies. Myth 58: For every dollar [pound, euro, shekel] spent on disaster risk reduction, between four and 11 dollars are saved in damage and losses avoided. Myth 59: Cost-benefit data will convince decision makers to invest in disaster risk reduction.

Hospitality 130

Hospitality All-Hazards Risk Reduction Logistics 130

Erwood Group

JANUARY 28, 2024

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. Check out my post Why we Exercise to learn more. Myth 19: Business Continuity is a Financial Sinkhole With No Guaranteed Results.

Business Continuity 52

Business Continuity Disaster Recovery Continuity Planning Crisis Management 52