Operational Resilience

[OR] [P3-S4] Maintaining Your Resilience: The Power of Self-Assessment

Written by Moh Heng Goh | Feb 5, 2024 1:02:21 PM

Maintaining Your Resilience: The Power of Self-Assessment

Building an operational resilience program is a crucial step for any organization, but it is only the first step.

The actual test lies in continuously evaluating and improving your preparedness. This is where self-assessment becomes a powerful tool in an organisation's resilience journey's "Sustain" phase.

Why Self-Assess?

Whether mandated by regulations or driven by a desire for best practices, self-assessment offers several benefits:

  • Compliance. Self-assessment demonstrates adherence to regulatory requirements for regulated industries, potentially avoiding penalties and reputational damage.
  • Proactive Improvement. Even without regulations, self-assessment helps identify weaknesses and areas for improvement before disruptions strike.
  • Program Effectiveness. Evaluating the effectiveness of your resilience program ensures it aligns with your evolving needs and threats.

Who Conducts the Assessment?

The answer depends on your organization's structure and resources. You might have a dedicated team, assign specific individuals with training, or involve various departments based on assessed areas.

Frequency Matters

Treat self-assessment as a continuous process, not a one-time activity. Integrate it into existing review cycles or establish dedicated assessment periods. Remember, your organization and the threat landscape are dynamic, so regular evaluation is key.

Reporting with Impact

The self-assessment process culminates in a report presented to senior management. Ensure the report is:

  • Comprehensive. Captures all findings, positive and negative.
  • Objective. Avoid biases and focus on factual data and observations.
  • Consistent. Uses established metrics and frameworks for comparison.
  • Actionable. Includes clear recommendations for improvement.
Learning from Others: The "Self Check " Approach

The "Self Check" framework demonstrates a practical approach to self-assessment. This framework emphasizes:

  • Regular evaluation. Continuous monitoring, not just periodic reviews.
  • Leadership involvement. Senior management actively participates and champions the process.
  • Transparency. Findings and recommendations are shared openly within the organization.

Remember, self-assessment is not about finding blame but about fostering a culture of continuous learning and improvement.

By embracing this approach, you can ensure your operational resilience program remains robust and adaptable, ready to face future disruptions.

 

Introduce Culture Change Develop Communication Strategy Implement Training and Awareness Provide Self-assessment Conduct Independent Quality Review  
 

More Information About Operational Resilience OR-5000 [OR-5] or OR-300 [OR-3] Course

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.

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