[Sustain] [OR-P3-S2] Performing Gap Analysis

Performing Gap Analysis

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

To achieve this, it is important to assess the current state of the organization's operational resilience and identify any gaps or areas for improvement. 

What is a Gap Analysis?

A gap analysis can be used to compare the current state to the desired state and to identify any gaps that need to be addressed.

We will discuss the detailed steps for performing a gap analysis to start the operational resilience program and the outcomes of each step.

What are the Steps to Performing a Gap Analysis?

Identify Relevant Standards and Regulations	Step 2
Identify relevant standards and regulations that the organization must comply with. Identify regulations specific to the organization's industry.
Important of this step
It ensures that the organization'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 organization's operations. Involves identifying potential disruptive events. Assessing the likelihood and impact of those events. Identifying any existing controls that mitigate those risks.
Important of this step
It helps to identify areas where the organization's operational resilience may be at risk.
Outcome
A list of potential threats and vulnerabilities to the organization's operations.

Perform a Gap Analysis	Step 4
Perform a gap analysis to identify any gaps between the current state of the organization's operational resilience and the future (desired) state. Involves comparing the risk assessment results to the organization's current policies, procedures, and controls to identify areas where improvements are needed.
Important of this step
It helps to identify specific areas where the organization's operational resilience needs to be strengthened.
Outcome
A list of gaps between the current state of the organization'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, organizations can identify gaps in their operational resilience and develop a roadmap for improvement.

This helps ensure the organization is better prepared to withstand, adapt to, 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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