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. Related on MHA Consulting: Global Turmoil Making You Ill?

Mitigation 97

Mitigation Authorization Risk Management Risk Reduction 97

MHA Consulting

MARCH 2, 2023

Reducing risk is at the heart of everything we do as business continuity professionals. 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 95

Mitigation BCM Acceptable Risk Risk Management 95

Fusion Risk Management

SEPTEMBER 8, 2021

For business continuity professionals, the goal is to protect the organization’s continuity of operations. Third-party management, for example, is not just about onboarding vendors, but also assessing them and understanding the vendor risks so that your organization can continue to deliver products and services, no matter what.

Business Continuity 52

Business Continuity Disaster Recovery Risk Management Continuity Professionals 52

Castellan

NOVEMBER 9, 2021

It’s what Turner now calls a triple whammy of skills—continuity, crisis management, and workplace resilience. It’s not uncommon for many business continuity professionals to get their first real-world experiences during natural disasters, such as tornadoes, hurricanes, and other severe weather-related events.

Resilience 98

Resilience Business Continuity Disaster Recovery Risk Management 98

MHA Consulting

JANUARY 26, 2023

A great place to get an overview of the whole BC field, from Program Administration to Exercises to Risk Management and Mitigation. There are many public-spirited professional groups and organizations focused on BC. Other BCM professionals. This is a subsection of Ready.gov devoted specifically to the needs of business.

BCM 98

BCM All-Hazards Disaster Recovery Hazard 98

MHA Consulting

JULY 27, 2023

The same thing is true of organizations and business continuity professionals. The pandemic underscored the fact that events taking place 10,000 miles away can impact us with great severity in a very short time. Over time, organisms that are capable of adapting to change thrive while those that don’t go extinct.

BCM 98

BCM Business Continuity Outage Internet 98

Plan B Consulting

MARCH 12, 2020

The thought which inspired this week’s bulletin came from a military colleague of mine, John Holman, and he wrote a comment on one of my LinkedIn posts: ‘Any thoughts on preparing now for the recovery and transition back to BAU after the event?’. Coronavirus will no doubt lead to similar societal and economic changes.

Pandemic 52

Pandemic Banking Travel Insurance 52