Business Resilience: Difference between revisions
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Latest revision as of 14:10, 17 April 2024
1. Business resilience is an organisation's ability to anticipate, prepare for, respond to, and adapt to disruptions that threaten its operations, reputation, and overall success. It's the capacity to absorb shocks, recover quickly, and emerge stronger from challenging situations.
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2. the ability of an organization to absorb and adapt in a changing environment to enable it to deliver its objectives and survive and prosper. (Source: ISO 22316:2012)
3. Ability of an organization to resist being affected by an incident. (Source: AE/HSC/NCEMA 7000:2012)
4. Ability of an organization to resist being affected by an event.
(Source: ISO 22399:2007 – Societal Security - Guideline for Incident Preparedness and Operational Continuity Management) - clause 3.31
5. The ability of an organization to resist being affected by an incident.
(Source: British Standard BS25999-1:2006 Code of Practice for Business Continuity Management)
6. The ability of an organization to absorb the impact due to a risk occurrence and to continue to operate in such a way as to achieve its Minimum Business Continuity Objective.
(Source: Singapore Standard 540 - SS 540:2008)
7. The ability of an organization, staff, system, network, activity or process to absorb the impact of a business interruption, disruption and/or loss and continue to provide a minimum acceptable level of service.
(Source: Business Continuity Institute - BCI)