by David Pahlman | Apr 30, 2024 | Business Continuity, Risk Management
4 min readIn enterprise risk management, two terms often arise: Business Continuity (BC) and Disaster Recovery (DR). While these concepts might seem interchangeable at first glance, they serve distinct purposes in safeguarding business operations. Let’s delve into the...
by David Pahlman | Apr 29, 2024 | Business Continuity, Risk Management
4 min readA Business Impact Analysis (BIA) is a crucial step in developing a comprehensive business continuity plan. It is also a great way to discover risks to add to a risk assessment. It is a process that identifies and evaluates the potential effects of a...
by David Pahlman | Apr 27, 2024 | Business Continuity
3 min readMost business owners are not skilled at understanding concepts like risk management or business continuity. They know that it is important, but most do not know where to begin incorporate it within the business. In the realm of organizational resilience, the...
by David Pahlman | Apr 18, 2024 | Risk Management
4 min readBefore entering into any partnership, it’s vital to review a vendor’s past conduct and operational methods. This includes examining their track record with other clients, any history of legal issues, and their adherence to ethical standards. In doing so, you...
by David Pahlman | Apr 18, 2024 | Risk Management
5 min readCompanies increasingly lean on external providers for a myriad of services and products. This reliance, while beneficial, introduces a spectrum of risks that must be mitigated through diligent vendor risk management. The importance of such a program cannot...
