In this episode of the Managing Uncertainty Podcast, Bryghtpath Principal & Chief Executive Bryan Strawser discusses what is resilience?
The concept seems straightforward in a personal context; building up the psychological fortitude to bounce back from all of life’s bumps and bruises.
But what exactly does it mean for a business to be “resilient”?
We hear a lot of business leaders and highly trained business continuity, crisis management, and security professionals asking this same question. While everyone can agree that resilience is important to their business, there seems to be much less accord about precisely what it entails.
Topics discussed include how to think about organizational resilience within a large, complex organization – and how to go about putting it into place across the organization.
Related Episodes & Blog Posts
Blog Post: What is Resilience?
Blog Post: Plan-Do-Check-Act and your Business Continuity Program
Blog Post: Business Continuity Standards: How each can help you
Episode # 121: Metrics for Success in your Business Continuity Program
Episode #123: Plan Do Check Act and your BC Program
Episode Transcript
Hello and Welcome to the Managing Uncertainty Podcast. This is Bryan Strawser, Principal and Chief Executive here at Bryghtpath. And in today’s episode, I want to talk about the question, what is resilience? Is it just me or is this the new buzzword of 2021, resilience?
The concept seems straightforward in a personal context, building up the psychological fortitude to bounce back from all of life’s bumps and bruises. But what exactly does it mean when we talk about a business being resilient? We hear a lot of business leaders and highly trained business continuity, security, crisis management, risk management professionals, information security professionals asking the same question.
And while everyone can agree that resilience is important to their business, there seems to be a lot less agreement about precisely what it entails. Perhaps it’s because it’s the inherent nature of resiliency to mean something different for every organization. Its precise parameters and components are shaped by its context. Every business has different experiences, threats, and resources. So why should any resiliency program look the same as another?
Still, here at Bryghtpath, we think there are fundamental components that every business should have in place if they want to make good on their resiliency imperatives. So here’s our take. What is resilience? Well, according to the International Standards Organization, ISO, organizational resilience means the ability of an organization to absorb and adapt in a changing environment to enable it to deliver its objectives, to survive and to prosper. But like a lot of standards-based definitions, that leaves an awful lot to read between the lines.
Here at Bryghtpath, we think of resilience as a group of capabilities that supports an organization’s ability to solve big problems, to continue their operations, to protect their assets. And most importantly, protect their people. On a practical level, this is achieved with what we think of as basic blocking and tackling, implementing certain key components in a logical way to prevent plan, for respond to and recover from disruption. Those core compo