Once you've identified areas for improvement through your self-assessment, the next step is to develop specific action plans to address these weaknesses and capitalize on opportunities. These action plans should be aligned with your overall operational resilience strategy and objectives.
By carefully considering these factors, you can continuously create effective action plans to improve your organization's operational resilience.
The developed action plans should be documented, shared with relevant stakeholders, and regularly reviewed and updated to ensure they remain relevant and practical. Implementing these action plans will require commitment, collaboration, and effective resource allocation.
By proactively implementing recommended improvements, you can enhance your organization's resilience posture and achieve your operational resilience goals.
Once you've identified areas for improvement through your self-assessment, the next step is to develop specific action plans to address these weaknesses and capitalize on opportunities.
These action plans should be aligned with your overall operational resilience strategy and objectives.
By developing comprehensive action plans, you can effectively address the areas for improvement identified in your self-assessment and drive continuous improvement in your organization's operational resilience.
Definition | Explanation | Definition | ||
Self-Assessment |
is to capture and document the steps taken towards operational resilience. is to provide a comprehensive and objective evaluation of the organisation's strategy and ability to respond to disruptions. |
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Self-Assessment Document | is to demonstrate the organisation’s resilience journey and how they have achieved compliance with the regulations. | |||
Important Business Service | is a service provided by an organisation, or by another person on behalf of the organisation, to one or more clients which, if disrupted, could:
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Critical Business Service | is a business service that, if disrupted, is likely to significantly impact the FSI’s safety and soundness, its customers or other FSI that depend on the business service. | |||
Critical Operations | is defined as a business output that, if interrupted during the operational period, will cause financial loss, damage, or interruption to the delivery of goods or services essential to the organization’s continued operation or success. | |||
Introduce Culture Change | Develop Communication Strategy | Implement Training and Awareness | Provide Self-assessment | Conduct Independent Quality Review | |
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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