article thumbnail

Getting Started with Enterprise Risk Management

MHA Consulting

In today’s post, we’ll take a look at how organizations can get started using Enterprise Risk Management (ERM) to reduce their exposure and improve their resilience. Risk can never be completely removed, but it can be mitigated. ERM provides a framework for doing this in a systematic, results-oriented fashion.

article thumbnail

What Is Risk Management?

LogisManager

What Is Risk Management? The world will always be filled with uncertainty and with uncertainty inevitably comes risk. Risk management, in its simplest form, is assessing the possibility of something bad happening; i.e. “If I take this action, will it result negatively?”. What Is Risk Management?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

BCAW : Supply Chain : What can organisations do to attempt to protect themselves from supply chain risks?

Plan B Consulting

What can organisations do to attempt to protect themselves from such risks? First and foremost, those organisations who use business continuity as a ‘tick box exercise’, or as a requirement from their insurance company need to start truly embedding Business Continuity into business-as-usual activities as soon as possible.

Fashion 52
article thumbnail

A higher standard of ‘duty of care’ for business travel

everbridge

What are the ways in which you meet specific requirements for protecting business travelers, including security training and preparation, kidnap and ransom insurance, and evacuation protocols? Can you discuss the challenges associated with travel risk management for the executive traveler demographic?

Travel 52
article thumbnail

Why I no longer look at financial impacts when conducting a BIA

Plan B Consulting

This has now fallen out of fashion and I have not seen anyone using it recently. The current industry fashion is for BIAs to get leaner and less precise. Comments: Chris Green FBCI MSc Head of HSE&BCM Risk Management at Novartis commented: Correct, Charlie – it’s useful to get a “feel”, but nothing more.

Fashion 52
article thumbnail

Why I no longer look at financial impacts when conducting a BIA

Plan B Consulting

This has now fallen out of fashion and I have not seen anyone using it recently. The current industry fashion is for BIAs to get leaner and less precise. Head of HSE&BCM Risk Management at Novartis commented: Correct, Charlie – it’s useful to get a “feel”, but nothing more.

Fashion 52
article thumbnail

Everything You Need to Know About Business Continuity Plans

Erwood Group

Insurance Contact Information. Risk Assessment Key Findings. Crisis Management Levels. Remote access capabilities (VPN) can accommodate large-scale remote access of displaced employees either in a remote or relocated fashion. Local Emergency Management Office Numbers – EOC. Risk Assessment Reporting.