Don't let software compromise your resilience:5 risks to business continuity
The resilience challenge to the business continuity profession
-
Upload
the-business-continuity-institute -
Category
Business
-
view
200 -
download
2
Transcript of The resilience challenge to the business continuity profession
![Page 1: The resilience challenge to the business continuity profession](https://reader036.fdocuments.us/reader036/viewer/2022062903/58ed65481a28abd1048b45c7/html5/thumbnails/1.jpg)
The resilience challenge to the BC professionPatrick Alcantara DBCI
Senior Research AssociateBusiness Continuity Institute (BCI)
![Page 2: The resilience challenge to the business continuity profession](https://reader036.fdocuments.us/reader036/viewer/2022062903/58ed65481a28abd1048b45c7/html5/thumbnails/2.jpg)
Understand the concept of resilience and
how it impacts organizations
Appreciate the role of business continuity (BC)
in the overall resilience framework
Apply the concept of resilience to practice
Today’s agenda
![Page 3: The resilience challenge to the business continuity profession](https://reader036.fdocuments.us/reader036/viewer/2022062903/58ed65481a28abd1048b45c7/html5/thumbnails/3.jpg)
The headlines
• Resilience is a quality, NOT an end goal or activity. It allows organizations to advance their strategy and meet their objectives.
• BC is an integral part of the ‘protective disciplines’ which embed resilience. However, future BC practice should involve cross-boundary collaboration, understanding of networked risks and flexibility.
• Resilience should encourage BCI members to gain specific competencies that enable them to reach out and influence an organization’s strategy.
![Page 4: The resilience challenge to the business continuity profession](https://reader036.fdocuments.us/reader036/viewer/2022062903/58ed65481a28abd1048b45c7/html5/thumbnails/4.jpg)
The resilience challenge to the BC profession
• White paper of the BCI 20/20 Think Tank UK Group
• The 20/20 Think Tank has an advisory and advocacy role for the Institute
• Composed of the most respected senior professionals with initial Groups set up in the UK, US and Australasia
![Page 5: The resilience challenge to the business continuity profession](https://reader036.fdocuments.us/reader036/viewer/2022062903/58ed65481a28abd1048b45c7/html5/thumbnails/5.jpg)
The challenge to the BC profession…
…is to understand the changing resilience framework.
![Page 6: The resilience challenge to the business continuity profession](https://reader036.fdocuments.us/reader036/viewer/2022062903/58ed65481a28abd1048b45c7/html5/thumbnails/6.jpg)
Resilience defined
• Resilience is defined as ‘the ability of an organization to anticipate, prepare for, and respond and adapt to incremental change and sudden disruptions in order to survive and prosper.’
![Page 7: The resilience challenge to the business continuity profession](https://reader036.fdocuments.us/reader036/viewer/2022062903/58ed65481a28abd1048b45c7/html5/thumbnails/7.jpg)
Resilience defined
• NOT an activity• NOT an end goal• Resilience is a QUALITY of organizations.
![Page 8: The resilience challenge to the business continuity profession](https://reader036.fdocuments.us/reader036/viewer/2022062903/58ed65481a28abd1048b45c7/html5/thumbnails/8.jpg)
The benefits of resilience
• Better operational decision making• Improved problem solving• Increased adaptive capacity• Maximised competitive advantage• More agile organizations
![Page 9: The resilience challenge to the business continuity profession](https://reader036.fdocuments.us/reader036/viewer/2022062903/58ed65481a28abd1048b45c7/html5/thumbnails/9.jpg)
Business continuity contributes to resilience
BC is an integral discipline to resilience as it identifies threats and its impacts to organizations.
![Page 10: The resilience challenge to the business continuity profession](https://reader036.fdocuments.us/reader036/viewer/2022062903/58ed65481a28abd1048b45c7/html5/thumbnails/10.jpg)
BC practice moving forward
• Integrating BC tools and methodologies with other protective functions
• Understanding networked risks better• Introducing more flexibility in BC approach and
methodology
![Page 11: The resilience challenge to the business continuity profession](https://reader036.fdocuments.us/reader036/viewer/2022062903/58ed65481a28abd1048b45c7/html5/thumbnails/11.jpg)
How resilience may impact organizations
• Push organizations to better understand risks• Influence BC practitioners to think about adaptive
capacity and agility as important outcomes• Encourage ‘protective disciplines’ to come
together and promote efficiencies• Lead to greater awareness of strategic goals and
high-level outcomes within organizations• Form interdisciplinary, cross-functional teams
![Page 12: The resilience challenge to the business continuity profession](https://reader036.fdocuments.us/reader036/viewer/2022062903/58ed65481a28abd1048b45c7/html5/thumbnails/12.jpg)
Key takeaways• Resilience represents a paradigm shift in the way
organizations conceptualise strategy, tactics and operations.
• BC has a role in building resilience but it requires greater collaboration with other ‘protective disciplines.’
• The growth of resilience will lead organizations to demand specific skill sets. Practitioners are encouraged to develop their competencies that will enable them to influence strategy and work towards high-level outcomes.