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.
Contact us today and take advantage of a complimentary, 30-minute discussion with one of our experts to further explore the challenges specific to the development and execution of your organization's risk assessment.
Additional Resources
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!