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BCM grew out of the business leader’s need to manage the risk that, at some point in the future, operations may be impacted by an unforeseen event and as a result, may be limited or inoperable. We categorize all these events as “availability related risks” because they ultimately affect the availability of critical business functions.
Avalution’s risk assessment approach mirrors enterprise-wide risk management concepts. We identify likely sources of availability risk, assess potential impact, evaluate current-state controls to mitigate risk, and identify options to further mitigate the likelihood and severity of the event to a level acceptable to management. Of equal importance, we enable our clients to perform similar assessments in the future by providing them with tools and frameworks to monitor risk and risk mitigation efforts.
Additional Resources
Business Continuity Scoping: Why Products and Services?
The Death of All Hazards Planning?
Preparedness: Standard of Care Expectations May Be On The Rise
Risk Assessment Purpose and Pitfalls
Proactive versus Reactive - Business Continuity's Role in Treating Risk, Not Just Reacting to It
Defining What to Plan For
Podcast: The Risk Assessment Executives Are Begging For!
You have questions, we have answers! Contact us for additional information regarding our professionals, services and experiences, or to schedule a complimentary discussion with one of experts to further explore the business continuity and disaster recovery challenges specific to your organization.