ERM IRM M2U9.1 - Organisational resilience

Question 1

Organisational resilience

Answer 1

The International Standard, ISO 22316 (2017) ‘Security and resilience: guidelines for organisational resilience’, defines organisational resilience as the ‘adaptive capacity of an organisation in a complex and changing environment’.

Question 2

Operational resilience

Answer 2

Operational resilience is defined as the ability of an organisation to deliver critical operations through disruption.

Question 3

Strategic resilience

Answer 3

Strategic resilience is the ability of an organisation to adapt its strategy in a changing environment. Strategic resilience is often associated with responding to the organisations changing environment in a way that gives the organisation a competitive advantage.