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Rebecca Webb

Recent Posts by Rebecca Webb:

8 Ways to Identify Risks in Your Organization

Even if you don’t realize it, you’re probably employing some kind of risk management in your organization. Over time, you develop procedures to make sure things don’t go wrong and put plans in place to reduce organizational impact if they do.

Creating a risk management plan is simply about formalizing that process and being able to devote your resources more effectively. The first step in this process, and one of the most important, is identifying your risks.

You will need to make a list of all the specific risks that could impact your organization. This can be a daunting task, especially for new businesses that don’t have years of experience and history to rely on. Fortunately, there are some strategies you can turn to for help:

Topics: Risk Management Process identifying risk how to identify risk business risk management what are my risks identifying risks that threaten a company

Fire Risk Management for Organizations

Have you ever considered what would happen to your organization if a fire were to occur? How would operations be affected?

Every year, fire is the cause of millions of dollars in damages to Canadian businesses. And it is not only a safety issue - organizations are legally required to take certain fire prevention measures.

Organizations must manage the risk of fires in order to protect the safety of employees and customers and limit physical damage. It is imperative that any organization has a plan in place to minimize the likelihood and impact of fires.

Topics: Fire Prevention Fire Risk Mitigation Fire Prevention Strategies fire prevention for organizations fire prevention for businesses

6 Reasons All Organizations Should Embrace the Cloud [Infographic]

Moving data into the cloud is an intimidating step for most organizations. IT teams must worry about security and privacy issues, while employees are concerned about the implementation of such a substantial change.

However, in today’s increasingly automated environment, cloud computing is the best way to manage data and effectively compete in the marketplace: in 2017, 74% of Tech Chief Financial Officers said that cloud computing had the most measurable impact on their organization. The cloud lowers workload and cost, enables flexibility and collaboration, and actually increases security. Here are six reasons all organizations should embrace the cloud:

Topics: cloud computing benefits of cloud computing cloud data storage

When Buying Risk Software, Don't Just Ask 'How Much Does it Cost?'

“How much does it cost?” is one of the most common question buyers ask when looking for cloud-based software solutions. Price is definitely a major factor when purchasing, but there are many other important questions that can  get missed at the beginning of the buying process. Asking the following questions upfront can save buyers some big headaches down the road.

Topics: third party software external software buying risk management software choosing a risk management system risk management vendor

5 Actions That May Be Sabotaging Your Risk Management [Video]

Organizations have always been managing risk, both formally and informally. Risk management as a profession, however, has become increasingly popular in the last few decades. With promises of huge financial savings and other benefits, organizations are eager to begin.

However, it should not be taken lightly. There is a process to follow, and there are several key issues that risk managers often have trouble with. If you feel your initiative isn’t fully effective, here are several actions that may be hindering your project and how to fix them. 

Topics: risk analysis risk management failure ineffective risk management mistakes in risk management

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