Things to Consider
Business resilience is the ability of an organization to absorb and adapt in a changing environment.
To grow and thrive in an uncertain risk environment, it’s critical to be prepared with business resiliency strategies to help safeguard your firm from potential disruptive events. Taking steps to prepare can help minimize potential loss, maintain employees' trust, and safeguard your reputation.
Business resiliency goes beyond having documented strategies and plans. It is an ongoing process that helps you prepare for all potential disruptions, respond when one occurs, and take corrective action following a disruption incident. It’s essential to help ensure life safety, minimize the impact/loss, and sustain your firm’s reputation following a disruption.