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?
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.
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MHA Consulting
JULY 7, 2023
Related on MHA Consulting: The Art of Explaining: MHA’s Best Crisis Communications Resources We business continuity professionals spend a lot of time telling our colleagues and clients about the negative impacts an organization can experience if it gives short shrift to the need to become resilient and plan for outages.
MHA Consulting
APRIL 27, 2023
The wise organization develops strategies and plans to mitigate and prepare for all five types of risk. In one respect, COVID continues to distort people’s approach to risk. Today many business continuity professionals are worrying disproportionately about the possibility of another pandemic, to the exclusion of other threats.
Plan B Consulting
JANUARY 9, 2023
I felt the first bulletin of this year should look forward to what I see are the issues for business continuity professionals over the next year. Cyber attacks will continue unabated but perhaps aimed at less well-known organisations. Power outages. So, what do we have to look forward to (or not)?
Plan B Consulting
JANUARY 9, 2023
I felt the first bulletin of this year should look forward to what I see are the issues for business continuity professionals over the next year. Cyber attacks will continue unabated but perhaps aimed at less well-known organisations. Power outages. So, what do we have to look forward to (or not)?
MHA Consulting
JANUARY 26, 2023
Anything and everything is out there regarding how you can protect your organization and its stakeholders from disruptions and recover quickly when outages occur. A great place to get an overview of the whole BC field, from Program Administration to Exercises to Risk Management and Mitigation. Other BCM professionals.
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