Building resilient organisations: Proactive risk management in organisations and their supply chains

Marc Siegel
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Marc Siegel: M Siegel Associates LLC, USA

Journal of Business Continuity & Emergency Planning, 2018, vol. 11, issue 4, 373-384

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.

Keywords: risk management; security; business continuity; resilience; business management; supply chain (search for similar items in EconPapers)
JEL-codes: M1 M10 M12 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jbcep0:y:2018:v:11:i:4:p:373-384

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