Posts tagged with Risk Management

Among an organization’s most important and valuable assets is its reputation. This applies equally to companies, departments and even project teams.Business continuity and disaster recovery planning is not just about mitigating loss and improving up-time, availability and maintaining customer service through an outage.  It’s not just about getting ‘back to normal’. It’s also not just about ‘learning from the experience’ to avoid the disaster or better-managing a similar event in the future.  Read More

That is the question… sort of an informal survey regarding business continuity and disaster recovery planning.

Part 1. Choosing between your employees and your technology, which exposes your company to the greatest risk?

And by ‘risk’ I mean which, if managed poorly and failed, would result in the greatest loss, but, if managed and executed well, would result in the greatest increase in profit for your company?  Read More

I found some really spectacular live footage of the volcano eruption in Iceland that is wreaking havoc with flights across Europe.  The disruption to air service is not just an inconvenience for the airlines.  The impact extends to business travelers who need to meet clients and make sales, shipment of critically important parcels, emergency supplies and organs for transplant.  Read More

If you have never put much thought into managing risk in your organization, a risk assessment is the place to start.  It can be an eye-opener for a number of reasons.  First, you’ll quickly see that no risk management methodology is going to allow your organization to avoid all potential loss.  Second, if you have never done an assessment before, you may be shocked to find just how many threats exist to your organization and how vulnerable you are.  Third, you may be equally surprised to find that there are likely several actions you can take in the near term, with little or no cash investment, to mitigate some of that downside risk.  Read More

Much of the time when industry professionals talk about continuity or recovery planning, they’re talking about it in reference to the impact of natural or other physical disasters.  And while that is certainly a requirement for ensuring survival of any organization, there is more to consider.  Read More