Creating Risk Management Policies And Security Programs For Organizational Processes

• Financial risk
• Business risk

The mitigating process that must be implemented are as follows: –

• Financial risk can be avoided with the help of the strategic investment in business organization. In case the management of the business organization is performed with the help of planning, it gets obvious that financial risks that are present will get mitigated. This is one of the main causes that leads to better management of the financial issues (Nikolopoulou, Martin & Dalton, 2016). Planning before starting of the project is one of the main mitigation methodology that must be implemented in order to commence the project with least financial issues. The category of risk mitigation falls under the projection of organizational policies along with advisory role (Alzate & Alberto, 2017).
• Business risks can be diversified in between internal and external risks. Internal risk mainly deals with the operational issues that are present in the business organization. This is one of the main reason that the projection of the management of the business organization gets affected (Halderman & Teague, 2015). For mitigating this problem the main thing that must be taken into consideration includes the fact that the management process gets better with the help of the implementation of the operational structure. This is one way that must be implemented in order to keep the business organization away from internal issues. Structuring of organization is termed to be one of the main issue that can be performed with the help of the better organization formation. Organizational policies must be implemented in order to completely mitigate the issues that are present and are needed to be mitigated. In case of external issues the issues that are related to the competition that are present due to the competition that is provided by the other competitors of the business organization. In order to complete the business management with the help of the proper commencement of the earning that will be made will not get distributed among the other business organization (Nelson & Staggers, 2016). To avoid this competition bringing in innovation in the products of the business organization. In case innovation in the products are brought in the business profanation will have an edge over their competitive business organization. System Specific Security must be implemented in mitigating the issues that are present in the course of management. Informative advisory regulatory issues will be required for the better management of the project.

• Minimising the disruption effect that might affect the business organization in a negative manner
• Reduction of the risk that might occur in the financial aspect
• Retention of the company brand is also one of the major advantage that is provided
• Meeting legal obligation also acts as a benefit of implementing business continuity

• Access: Accessing to the required system is required
• Plan: Planning according to the need of the product
• Deliver: Delivering the plan
• Operate: Operate in accord to the requirement
• Implementation of e-commerce for marketing of the products

References

Alzate, F., & Alberto, F. (2017). Characterization, Modelling and Implementation of TSO: Security Process and its Application in the Operational Planning of Sustainable Electric Power Systems. kassel university press GmbH.

Halderman, J. A., & Teague, V. (2015, September). The new south wales ivote system: Security failures and verification flaws in a live online election. In International Conference on E-voting and Identity (pp. 35-53). Springer, Cham.

Nelson, R., & Staggers, N. (2016). Health Informatics-E-Book: An Interprofessional Approach. Elsevier Health Sciences.

Nikolopoulou, M., Martin, K., & Dalton, B. (2016). Shaping pedestrian movement through playful interventions in security planning: what do field surveys suggest?. Journal of Urban Design, 21(1), 84-104.