The world is a globalised, rapidly changing and turbulent environment. Businesses, communities, the economy, national security, public safety, and our national prosperity are all reliant on an increasingly complex and interconnected web of infrastructure and technology. While these changes have seen great benefit for businesses and communities, this interconnected and technology driven society has given rise to new uncertainty, new risks and new opportunities.
Different concepts of resilience exist, though it is generally thought of as the capacity for complex systems to survive, adapt, evolve and grow in the face of turbulent change. Traditional risk management strategies need to evolve to keep pace with this rapidly changing environment. The Australian Government maintains an all-hazards approach to resilience; seeking to increase the capability of organisations and communities to survive, recover, and adapt to all types of emerging hazards.
Organisations, communities and individuals must build the capacity to respond to unforseen or unexpected risks and events. In the face of adversity, organisations with a strong resilience culture and capability will maintain operational capability for longer, and adapt and return to normal business faster than competitors. Resilient communities are better able to withstand and respond to a crisis event, and may even be in a stronger position after the event.
Organisational resilience is a business's ability to adapt and evolve as the global market is evolving, to respond to short term shocks—be they natural disasters or significant changes in market dynamics—and to shape itself to respond to long term challenges.
The viability and sustainability of organisations are continually tested. A resilience approach assists organisations to manage unforeseen or unexpected risks. This approach builds capabilities within your organisation to not only respond effectively, but also to adapt and learn from adversity, gain a competitive edge and become more profitable.
For more information or to take the Organisational Resilience HealthCheck, visit the Organisational Resilience website.
Resilience Expert Advisory Group
The Resilient Expert Advisory Group (REAG) advises and provides input to the TISN for Critical Infrastructure Resilience and the Critical Infrastructure Advisory Council on the practical dimensions of organisational resilience. The REAG provides guidance and resources to assist the owners and operators of critical infrastructure to adopt a resilience approach.
The REAG includes members from academia, business, peak bodies and government.