Roads to Resilience

Table 8.3 Business structure resilience checklist for the board

‘Business Structure’ resilience checklist Board members should ask “to what extent are the board and senior executives sufficiently aware and/or provided with necessary information and assurance regarding … ”

Develop risk architecture

1. The risk architecture to overcome the risks associated with organisational complexity in relation to resilience

2. The terms of reference, membership and activities of the risk committee and the quality of the reports received and issued

3. The risk management roles and responsibilities of the senior executives in the organisation and how they are monitored

4. Communication to staff, suppliers and others on risk management to clearly define risk responsibilities

5. The nature, extent and effectiveness of risk and resilience training for staff, contractors and suppliers

6. The level of empowerment and delegation of risk decision-making responsibilities to stakeholders Plan crisis management

1. The nature and extent of the identified crisis situations and scenarios that might become realities

2. The plans and processes in place to handle unexpected disasters and whether the organisation can withstand the consequences

3. Leadership roles in a crisis, for managing the crisis and for maintaining normal operations

4. The level of authority that has been granted in advance to individuals who will be required to manage a crisis

5. Arrangements to deal with adverse publicity, including social media in the event of a crisis

6. The planning and rehearsal exercises that have been undertaken to test crisis communication and other protocols

87

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