At Risk of Distraction: The Seductive Appeal of RMIS Software
An emerging hot topic in business continuity and risk management is the software known as a risk management information system (RMIS). An RMIS can help an organization identify, assess, monitor, and mitigate […]
Fire and Rain: Adapting to an Era of Global Instability
Geopolitical risk is arguably at the highest level it’s been in 50 years. Here’s what organizations can do to protect themselves. Related on MHA Consulting: Global Turmoil Making You Ill? Try a […]
Be a Hard Target: Train Your Employees in Security Awareness
Most organizations today are justifiably obsessed with cybersecurity, but many overlook their greatest IT vulnerability: their employees. The best way to strengthen a company’s defenses is by providing every employee with security […]
Risk Management as a Career: A Guide for BCM Professionals
For those with a suitable temperament and skill set, a career in risk management can be rewarding due to the field’s broad scope, consequential nature, and rising prominence. In this week’s post, […]
Managing Enterprise Risk: Understanding the 8 Risk Domains
In enterprise risk management (ERM), risk is commonly divided into eight distinct risk domains, some strategic and some operational. In today’s post, we’ll look at what these domains are, reveal which tend to get overlooked, and […]
Why Every BC Professional Should Become a Gap Hunter
Business continuity professionals who want to make their organizations more resilient should make a conscious effort to become gap hunters. Time spent identifying and closing gaps in the organization’s preparedness is an […]
What Entrepreneurs Need to Know About Risk
For most entrepreneurs, worrying about risk takes a back seat to bringing in revenue and building their company’s brand. This is natural. But as their companies grow, business owners can and should […]
Reviewing the Five Types of Risk
The recent announcement of the official end of the COVID-19 pandemic makes this a good time to review the five types of risk. During COVID, business tended to focus on only two […]
How a Risk Maturity Model Can Increase Your Company’s Resilience
The risk maturity model is a key component of business continuity. In today’s post, we’ll look at how such a model can help an organization understand its risks, mitigate the risks that […]
Why BCM and ERM Should Be BFFs
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 […]
The Ultimate Guide to Residual Risk
Reducing risk is at the heart of everything we do as business continuity professionals. This week’s blog post will spell out the key concepts relating to this all-important goal; call it “The […]
How to Offload Your Risk to a Third Party
Risk transference is one of the four main strategies organizations can use to mitigate risk. It’s a powerful tool, but one that must be used with care to avoid unpleasant surprises. Related […]