Home
Business Resilience: A New Imperative
In today's rapid and complex business environment an organization cannot experience a disruption to its operations without it negatively impacting revenue, shareholder value, regulatory compliance or corporate reputation. In an increasingly changing and hostile environment risks and disruptions have expanded beyond just natural disasters to include any event that negatively impacts critical operations, including to partners and suppliers. A successful organization in this challenging environment must be able to pro-actively prepare for and sustain business operations during these disruptions. This requires a new strategy and approach based on establishing and sustaining Business Resilience capabilities within the organization's operational framework, business processes and infrastructure. Business Resilience focuses on assuring minimal impact to business operations and is a major factor in an organization's survival during and after a disruption.
Resiliency Group helps organizations to establish and integrate crucial Business Resilience skills and capabilities within their strategic business planning, operations, processes, systems and facilities. To us at Resiliency Group, this means: "Maximizing an organization's ability to endure, protect shareholder value and grow, while minimizing the impact of costly disruptions to its business."
According to IBM, Business Resilience is "The ability of an organization's business operations to rapidly adapt and respond to internal or external dynamic changes - opportunities, demands, disruptions or threats - and continue operations with limited impact to the business."
Business Resilience does not reduce the likelihood that an event will occur, but it does increase the likelihood that an organization will successfully withstand the event.