Roads to Resilience

Summary of actions to achieve the ‘Resources and Assets’ principle

Research at the case study organisations resulted in the identification of a wide range of resilience practices under each of the four components of the resources and assets principle, as follows:

Actions

Risk Appetite

Limit Dependencies

Build Flexibility

Scenario Planning

• risk appetite positions

• structured

• review of

• top management

empowerment of staff and others

deployment of resources and assets at risk

and NEDs trained in risk management

established for operational risks • risk assessments recorded in a dynamic risk register(s) • risk committee

• cross-function

• structured

(perhaps informal) structure • evaluation of the extent of the assets/value at risk

• structured

challenges to existing resilience processes • forum to discuss resilience

procedure to consider resource and resilience implications • risk assessment procedures that incorporate resilience considerations

operates as a ‘risk working group’

presumptions in the business model

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Roads to Resilience: Building dynamic approaches to risk to achieve future success