[Plan] [OR] [P1] [S2] Performing Gap Analysis

Performing Gap Analysis

Operational resilience is the ability of an organisation to withstand, adapt to, and quickly recover from disruptive events.

To achieve this, it is crucial to assess the organisation's operational resilience and identify any gaps or areas for improvement. 

What is a Gap Analysis?

A gap analysis compares the current state with the desired state and identifies any gaps that need to be addressed.

We will discuss the detailed steps for conducting a gap analysis to launch the operational resilience program, along with the outcomes of each step.

How to Analyse Gap?

What are the Steps to performing a gap analysis?

Identify Relevant Standards and Regulations	Step 2
Identify relevant standards and regulations that the organisation must comply with. Identify regulations specific to the organisation's industry.
Importance of this step
It ensures that the organisation's operational resilience program complies with relevant standards and regulations.
Outcome
A list of relevant standards and regulations.

Conduct a Risk Assessment	Step 3
Conduct a risk assessment to identify potential threats and vulnerabilities to the organisation's operations. Involves identifying potential disruptive events. Assessing the likelihood and impact of those events. Identifying any existing controls that mitigate those risks.
Importance of this step
It helps to identify areas where the organisation's operational resilience may be at risk.
Outcome
A list of potential threats and vulnerabilities to the organisation's operations.

Perform a Gap Analysis	Step 4
Perform a gap analysis to identify any gaps between the current state of the organisation's operational resilience and the future (desired) state. This involves comparing the risk assessment results to the organisation's current policies, procedures, and controls to identify areas for improvement.
Importance of this step
It helps identify specific areas where the organisation's operational resilience needs strengthening.
Outcome
A list of gaps between the current state of the organisation's operational resilience and the desired state.

Conclusion ...

A gap analysis is critical in starting an operational resilience program.

By following the detailed steps outlined in this report, organisations can identify gaps in their operational resilience and develop a roadmap for improvement.

This helps ensure the organisation is better prepared to withstand, adapt, and recover from disruptive events.

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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