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What relationship do employees have with risk management, if any?

As risk managers and business continuity management (BCM) practitioners, we obviously see and understand the importance of the programs we help facilitate. But what about employees who are otherwise outside of the BCM/risk management realm? Realistically, how do these employees view the initiatives we help implement?

We posed the question to a group of BCM and risk management professionals on LinkedIn. Here are a few of their responses.

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Fight the BCM shopping addiction

Here’s something most of us can relate to – the desire to comfort ourselves with something shiny and new after the infliction of an injury. In this, corporations are just like the rest of us. When a company finds itself bruised after a continuity incident, business continuity shopping therapy begins. Eager to assure ourselves we won’t get caught unprepared again, we turn to the marketplace to build our arsenal.

shopping
Shopping therapy

 

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Can risk management ever be a revenue generating activity?

It seems like selling risk management projects internally can be like pulling teeth. So what would it take for people to be willing to pay for risk management initiatives? We posed the question to a group of risk management professionals on LinkedIn in preparation for our upcoming Building a BCM Brand webinar. Here’s some of what they had to say.

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Dodd Frank: the business continuity management solution

The Dodd-Frank Act requires corporate in-house compliance to implement a dramatically heightened level of transparency, self-awareness, and well designed resolution plans should the worst occur. Uncertainty is a familiar component for risk-related disciplines, unlike for most accounting or legal departments. Corporations suffering from the palpable uncertainty currently surrounding Dodd-Frank can best counter it with a flexible, customized business continuity management (BCM) approach – one that prepares the client for how best to navigate shifting compliance concentrations without sacrificing quality.

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Have yourself a crisis-free christmas

Ah, Christmas…. a time of yuletide cheer, decorating the tree, opening presents, office holiday parties, and of course, eggnog. All the things that make the holiday season so special… and so dangerous? If you’re feeling overcome with Christmas cheer, leave it to the business continuity professionals to put a damper on those holiday spirits with this list of top holiday risks.

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