Resilience is crucial for any organisation to survive and prosper. But what exactly is resilience and how can it be improved?
The new standard BS 65000 provides clarity and guidance, describing the nature of resilience and ways to build and enhance resilience in an organisation.
BS 65000 defines organisational resilience as the ability to anticipate, prepare for, respond, and adapt to events – both sudden shocks and gradual change. That means being adaptable, competitive, agile, and robust.
One way to improve resilience is by integrating and coordinating the various operational disciplines in an organisation, so BS 65000 draws on other standards relating to these disciplines. Most organisations work within a complex web of interactions. The standard recognises that it is essential to build resilience not only within an organisation but across networks and in partnership with others.
Using agreed terminology, BS 65000:
• clarifies the meaning of resilience
• highlights the key components of resilience
• helps an organisation to measure its resilience and make improvements
• identifies good practice found in other disciplines and defined in existing standards
BS 65000 will be valuable to anyone responsible for building resilience in their organisations. That includes risk managers and continuity practitioners and those involved with governance, emergency management, and supply chain management.