Difference between revisions of "Business Resilience"
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− | |'''1.''' Business Resilience | + | |'''1.''' Business Resilience, according to ISO 22316:2017, is “the ability of an organization to absorb and adapt in a changing environment to enable it to deliver its objectives and survive and prosper." |
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<br>'''Related Term''': [[Operational Resilience| Operational Resilience]], [[Organizational Resilience| Organizational Resilience]], [[Business_Continuity_Management (BCM)|Business Continuity Management (BCM)]], [[Business Resilience| Business Resilience]]<br/> | <br>'''Related Term''': [[Operational Resilience| Operational Resilience]], [[Organizational Resilience| Organizational Resilience]], [[Business_Continuity_Management (BCM)|Business Continuity Management (BCM)]], [[Business Resilience| Business Resilience]]<br/> |
Latest revision as of 09:30, 27 October 2022
1. Business Resilience, according to ISO 22316:2017, is “the ability of an organization to absorb and adapt in a changing environment to enable it to deliver its objectives and survive and prosper."
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2. Ability of an organization to resist being affected by an incident.
(Source: AE/HSC/NCEMA 7000:2012)
3. 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
4. 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)
5. 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)
6. 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)