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Building resilient organisations: Proactive risk management in organisations and their supply chains
1M Siegel Associates LLC, 501 Hermes Avenue, Encinitas, CA 92024, USA.
Abstract:
Resilient organisations proactively identify and manage anticipated risks, as well as build capacity to cope with adversity, whether anticipated or unanticipated. Resilience is the outcome of fully integrating a proactive, enterprise-wide, multidisciplinary and holistic risk management approach into the organisation's business management processes. Resilience is an aspirational objective - there is no endpoint, nor is there a one-size-fits-all solution. Resilient organisations promote an inclusive culture of risk thinking throughout the organisation and its supply chain. By integrating a proactive approach to managing risk, organisations can become more agile, adaptable and responsive to changes in their operating environment.
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