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Operational resilience is your overall ability to deliver critical business services when disruptive change happens. The combination of COVID-19, the rise in the frequency and magnitude of other major shocks, and attention from regulators have placed it firmly in the spotlight.
The concept includes, but also goes beyond, the concepts of disaster recovery and business continuity. Rather than just allowing for recovery, operational resilience focuses on prevention and robustness to minimise the likelihood of recovery being required.
Download this eBook for a detailed look at operational resilience, to learn exactly what makes it different from disaster recovery and business continuity, and to learn how you can develop your own operational resilience capability and integrate it with your ERM framework.