This chapter introduces the Operational Resilience (OR) planning methodology, a three-phased framework for building and maintaining an organization's resilience.
The Implement phase focuses on implementing the plan through training, testing, and resource allocation.
Finally, the Sustain phase emphasizes continuous monitoring, improvement, and adaptation of the OR program.
The chapter highlights how OR complements Business Continuity (BC) by sharing the goal of ensuring business continuity while expanding the focus to include prevention, adaptation, and learning.
Existing BC knowledge and frameworks can be leveraged within the OR planning process. OR planning's growing importance is driven by the need to manage increasing threats in today's complex business environment proactively.
OR planning offers benefits like enhanced risk mitigation, cost savings, brand reputation protection, and regulatory compliance.
As guardians of preparedness, your expertise in BC will be invaluable in building a comprehensive OR program for your organization. Here, we'll explore the key phases of the OR planning methodology, highlighting its core principles and how it complements your existing BC knowledge.
The OR planning methodology is a structured framework designed to guide organisations in building and maintaining a robust resilience posture.
It follows a three-phase approach:
This foundational phase lays the groundwork for your OR program.
It involves defining critical business services (CBS), conducting threat and vulnerability assessments (TVAs), developing risk mitigation controls, and establishing clear roles and responsibilities.
Once the plan is established, the implementation phase focuses on implementing it.
This includes conducting training and awareness programs, testing and exercising the OR program, and ensuring all necessary resources are available.
Building resilience is an ongoing journey. The sustain phase emphasizes continuous monitoring and improvement of the OR program.
This involves regularly reviewing threats and vulnerabilities, updating plans as needed, and fostering a culture of learning and adaptation within the organization.
By cyclically following these phases, organizations can create a dynamic and sustainable OR program that continuously evolves to address emerging threats and maintain operational resilience.
While OR is a distinct concept, it builds upon the strong foundation of BC. Here's how they connect:
OR and BC strive to ensure the organization can withstand and recover from disruptions.
BC focuses primarily on recovery, while OR takes a broader view, encompassing prevention, adaptation, learning, and recovery.
Your BC knowledge and existing frameworks can seamlessly integrate into the OR planning process.
Think of OR as an umbrella encompassing BC principles while expanding their scope. This allows you to leverage your expertise and build a more comprehensive approach to organizational resilience.
The business environment is undergoing rapid change, and it is facing an ever-increasing number of threats, from cyberattacks and natural disasters to technological disruptions and supply chain issues.
This necessitates a proactive approach to risk management, which is precisely what OR planning offers. Here are some compelling reasons why OR planning is becoming increasingly important:
Proactive identification and mitigation of threats help prevent disruptions before they occur.
By minimising downtime and disruptions, OR can lead to significant cost savings.
A demonstrably resilient organization inspires more significant customer, partner, and investor confidence.
In some industries, regulatory bodies mandate OR frameworks to ensure critical services remain operational during disruptions.
By embracing OR planning methodology, you can equip your organization to navigate the complexities of the modern business landscape and emerge stronger from any challenges.
This chapter has provided a foundational understanding of the OR planning methodology and its relationship with BC. The following chapters will delve deeper into each phase, providing practical guidance on building and implementing a comprehensive OR program within your organization.
To learn more about the course and schedule, click the buttons below for the OR-300 Operational Resilience Implementer [OR-3] course and the OR-5000 Operational Resilience Expert Implementer [OR-5] course.
|
If you have any questions, click to contact us. |
||
|
|