Risk & Resiliency Management by Design

Firms globally and across industries are focusing on integrating their risk management resilience (historically business continuity/disaster recovery) programs. This is becoming a key regulatory requirement in some industries. Delivering this requires a holistic view of the objectives and processes of the organization in the context of uncertainty and risk and the symbiotic interaction of risk management and business continuity. 

Successful risk and resilience management requires the organization to provide an integrated strategy, process, information, and technology architecture. The goal is a comprehensive straightforward insight into risk and resilience management to identify, analyze, manage, and monitor risk in the context of operations, processes, and services. It requires the ability to continuously monitor changing contexts and capture changes in the organization’s risk profile from internal and external events as they occur that can impact objectives.

Organizations need to clearly understand the breadth and depth of their integrated risk and resilience management strategy and process requirements, and from there select the right information and technology architecture that is agile and flexible to meet the range of risk management needs for today, and into tomorrow.