[Plan] [OR-P1] Embarking the Operational Resilience Journey

Written by Moh Heng Goh | Jul 8, 2022 4:26:34 AM

Embarking Your Operational Resilience Journey

What should organisations consider before they start their operational resilience journey? It is a daunting task, and setting up the fundamentals like any other successful organisational program you have previously participated in is crucial.

The approach to start its operational resilience program is to assess its existing capabilities and related programs as you are not starting a "fresh" project.

The main challenge is that some of the competencies needed for operational resilience may not be in your inventory of expertise as they are outside your role, jurisdiction, or skillset. Hence, proper research and planning for people and resources should be conducted before the start of this OR initiative.

If you need to know more about the technical terms, click the BCMPedia icon to learn more.

These are the steps to prepare and "Plan" to start your OR program.

PLAN	Key Activities	Definition	Detailed Steps
[S1] [OR BoK 1] Assess Capability and Maturity	Conduct an OR maturity assessment and determine the organisation's OR baseline capability.
[S2] [OR BoK 2] Analyse Gap	Identify and prioritise the closure of OR gaps.
[S3] [OR BoK 3] Develop Strategy Roadmap	Develop an OR strategy and roadmap which utilises existing capabilities and is approved by the executive management to remove organisational silos, promoting cross-functional responsibility and a culture of resilience practices within the fabric of the organisation.
[S4] [OR BoK 4] Confirm Risk Appetite	Define risk appetite with top-down KPIs and KRIs.
[S5] [OR Bok 5] Develop and Embed Governance	Embed operational resilience in the governance structure

OR planning methodology		Plan	Implement	Sustain

More Information About Blended Learning OR-5000 [BL-OR-5] or OR-300 [BL-OR-3]

To learn more about the course and schedule, click the buttons below for the OR-3 Blended Learning OR-300 Operational Resilience Implementer course and the OR-5 Blended Learning OR-5000 Operational Resilience Expert Implementer course.



	If you have any questions, click to contact us.

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