Operational Resilience Advisory Services
Natural, adversarial and technical threats are increasing. Knowing your vulnerabilities is key. Testing is necessary. Adaptive response is essential.
Operational resilience is a strategic imperative
Ensuring a firm can deliver its most important business services in all but the most extreme disruption scenarios is critical to survival. It requires a strategic approach to operational resilience, sponsored at the highest level. But this raises a number of vital questions:
How resilient should a firm aspire to be?
What sufficiently defines a range of plausible scenarios?
What types of scenario testing should a firm be exercising?
How should I identity vulnerabilities?
How should a firm adequately represents its resilience profile?
What are best practices to mapping the supply chain?
Are you ready for what may come?
The vital questions above are just a sample of what many firms are tackling today, particularly in the financial services industry as regulations continue to abound.
The truth is, achieving operational resilience is a journey that requires investment, a cultural shift and self reflection. COVID-19 certainly taught firms that the unexpected can happen. But while many learned from this experience, very few should feel comfortable that they’re now resilient.
So, now think about your own organization. Are you ready for what may come?