Operational Resilience: Beyond the Checklists
First published:
ISBN: 9781782724568
If you are a Risk.net subscriber you are entitled to 20% off your Risk books purchases. Please email enquiries@riskbooks.com for more information.
As part of your Risk.net subscription you are entitled to 20% off all of your Risk Books purchases. If you would like to place an order please email enquiries@riskbooks.com
What is operational resilience?
What is operational resilience?
Acknowledgements
Abbreviations
Glossary
Foreword by Mike Campbell
Foreword by Raj Sardana
Preface
Introduction
What is operational resilience?
Facets of operational resiliency
Driving business value
How to approach operational resilience
Operational resilience fundamentals
Getting organised around operational resilience
Regulation: Reshaping the financial industry
Understanding impact tolerances: How severe is severe?
Scenario testing: What are severe but plausible scenarios?
Connecting the dots: Resilience, risk and resolution
How resilient are you? The supply chain imperative
Intersection of operational resilience, ESG and climate risk
Artificial intelligence and the transformation of operational resilience
Case study: Covid-19 and the transformational shift in resilience
Closing thoughts: The impact of operational resilience
Appendix: toolkit and guide
Endnotes
References
Operational resilience has emerged as a crucial multi-million dollar investment across major industries. Although one of the primary responsibilities of a chief executive officer (CEO) is to generate long-term value for shareholders, it is worth remembering that only 52 companies listed on the Fortune 500 in the mid-1970s still maintain their presence today. In the complex landscape of contemporary business, predicting, prioritising and managing risk poses an ongoing challenge for CEOs. Unfortunately, amid competing priorities, investment in resilience may not take a prominent position on an organisation’s strategic agenda – that is, until a crisis or disruption compels attention or regulatory requirements mandate action.
Given this landscape, it is imperative that organisations continue to deliver services to their customers regardless of any disruption; this is an uncompromising reality. Nevertheless, despite its importance, the interpretation of operational resilience remains notably diverse. Since the emergence of the first operational resilience-related consultation papers in the later 2010s and subsequent regulatory initiatives within the financial industry, clarity remains
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
