Many businesses that have allowed employees to continue working from home for the foreseeable future are aware that they need to update their cybersecurity. It’s likely that they have allocated some budget and IT resources to make those necessary changes.
“Risk Culture – the values, beliefs, knowledge, attitudes and understanding about risk shared by a group of people with a common purpose.” Institute of Risk Management To successfully influence risk culture, we need great structural mechanisms or formal arrangements that support strong risk management practices in our systems, policies, procedures,
Embracing foundational principles of Enterprise Risk Management (ERM) will be one of the most powerful things an organization can do to put structure to its success. ERM is a “Risk Based” approach to operating your business that applies logic to overcoming obstacles and taking advantage of opportunities. Its ROI can
The 21st century opened with a slew of “unprecedented” events crash, 9/11, the financial crisis of 2008, SARS, Eboli, BREXIT, and COVID-19 to name a few. So many that one has to wonder if “unprecedented” is the new normal. This onslaught highlighted the need for improved risk identification and a
Many businesses that have allowed employees to continue working from home for the foreseeable future are aware that they need to update their cybersecurity. It’s likely that they have allocated some budget and IT resources to make those necessary changes. However, IT budgets are finite. Given the economic disruption of
Traditional Risk Management (TRM) is comparable to a very complex puzzle with many pieces that have many connections and relationships. The industry norm/tendency is to jump into the middle of the puzzle and start working. The problem is that TRM
Accompanied by the high-deductible health plans and cost sharing models, consumerism has been steadily on the rise in the healthcare industry. Hospitals that are able to successfully handle these challenges may be in a better position to stay financially viable