• Overview Process for Risk

    It is important to manage risk. Risk is the effect (positive or negative) of an event or series of events that take place in one or several locations. It is computed from the probability of the event becoming an issue and the impact it would have (See Risk = Probability X Impact). Various factors should be identified in order to analyze risk.

     
  • Gaps in Enterprise Risk Management Planning

    An Enterprise Risk Management (ERM) program and processes should include all areas of enterprise risks and impacts that the entity may be exposed to. The risks weave back and forth affecting each other creating larger risks when viewed in a vacuum without looking at the 360 degree risk environment that can affect the organization.

     
  • Operational Risk – What’s Important?

    Brand and Reputation are important. Once lost, so is trust among consumers. Easy to agree with, but hard to manage without great processes, management and recovery plans when something goes wrong. That something can be a Cyber Attack that affects clients’ information, product tampering and so many other risks.

     
  • 2015 Operational Issues in Disaster Recovery and Business Continuity

    I attended a great seminar this morning and different companies spoke about their issues. This Post is a summary of these issues that you can use as checklist and see if they apply to your Risk.

     
  • Assessing and Managing Risks

    Understanding how Management of Risk works: Risk is the effect (positive or negative) of an event or series of events that take place in one or several locations. It is computed from the probability of the event becoming an issue and the impact it would have.

     
 
 


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