Operational Resilience

In just a few short years, driven largely by regulatory expectations, operational resilience has gone from being a ‘new’ concept to one returning 117 million Google hits, and 900 LinkedIn job postings in the UK alone. However, its aims are not always entirely understood because of its newness and intertwining with its older sibling, business continuity.

 

Driven initially by a regulatory framework for the UK financial services industry, operational resilience is, however, arguably ‘raising the game’ of risk professionals across the globe and in all sectors. Distinguished by an increased focus on the outputs of an organization as separate from its internal workings, it brings business resilience and continuity very firmly to the boardroom table.