Organizational vs. operational resilience: What’s the difference?
Can the Pacific Islands be insured?
High exposure to natural hazards puts Pacific Island countries at heavy risk. Insurance could help them cope. Photo: Rob Maccoll
The Pacific Islands are grappling with the effects of disasters and climate change, which have the potential to make entire countries inhospitable, posing significant development challenges.
Small Pacific Islands countries have limited natural resources, are far from major markets, and are vulnerable to external shocks. They are highly exposed to tropical cyclones, earthquakes, volcanic eruptions, and tsunamis, which can result in disasters affecting their entire economic, human, and physical environment…
Organizational vs. operational resilience: What’s the difference?
Achieving both operational and organizational resilience is key to ensuring that a company can protect and adapt its processes and bounce back in the event of a disaster.
Resilience has become a prominent element in the business continuity and disaster recovery professions, as well as in the cybersecurity space. Organizational and operational resilience are two areas of IT resilience that your organization will need to consider if it hopes to survive and prosper over time.
Organizational resilience (OR) generally embodies the entire organization, including technology, people, facilities, processes and everything needed to operate the business. If each of these elements is protected from disruptive events, and plans are in place to recover and restore them to normal operation, we could say that organizational resilience has been achieved…
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