organizational resilience - leadership & management · pdf file4 organizational resilience...
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Organizational Resilience Harnessing experience, embracing opportunity
Howard Kerr, Chief Executive
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A brief history of Organizational Resilience
Concept of different levels of ‘resilience’
maturity
Emerging as a principle in academic areas over last 15
years
BS 65000 World’s first Standard for Organizational
Resilience
Designed by industry, for industry and backed by government
2000 2014 2016
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Traditional view of ‘Resilience’
Risk Mitigation
Business Continuity
Disaster Recovery
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Organizational Resilience is “the ability of an organization to anticipate, prepare for, respond and adapt to incremental change and sudden disruptions in order to survive and prosper.” BS 65000, Guidance on Organizational Resilience
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Fit for purpose
Adaptable
Create advantage “It is not the strongest of the species that survives...It is the one
that is the most adaptable to change.”
Charles Darwin
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Aldous Huxley? Adversity Paralympian not British Resilience is not what happens to an organization; it is what an organization does with what happens to it
Spring forward
Defy corporate mortality
Collective wisdom
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Competitive landscape
Increasing churn –
75% will be gone by
2027
Defying corporate mortality to pass the test of time
More
dynamic – FTSE from 1984, only
20% remain
Average company lifespan on S&P 500 Index
Year (each data point represents a rolling 7 year average of average lifespan) Data: Innosight/Richard N. Foster/Standard & Poor’s
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Research conducted by The Economist Intelligence Unit
• 61% heads of departments, SVPs or CEOs • 20% from companies over 100 years old • 16% from companies less than 10 years old • Geographical spread
• Asia Pacific (30%) • North America (30%) • Europe (29%) • Other (11%)
411 senior business leaders surveyed
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Organizational Resilience identified as a priority
A business priority (88%)
Organizational Resilience is…
A competitive advantage (61%)
#1
Yet Only 29% say that resilience-oriented practices are embedded today
Meaning 69% of Organisations need help 9
Essential to long-term growth (80%)
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Responsibility comes from the top
Other, please specify
Don’t know
CIO or equivalent
CFO or equivalent
Other senior management below C-level or an organisational
Head(s) of Department(s)
Head(s) of business operating unit(s)
Other C-level executive
There is no single unit; organisational resilience issues are spread
The CEO/’s office
0% 10% 20% 30% 40% 50% 60%
Who takes responsibility for Organizational Resilience?
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Addressing your customer needs
Governing your business
Running your business Managing & securing information
Protecting infrastructure
Enabling trust & reputation
Ensuring regulatory compliance
Safeguarding people
Mitigating social risk
Minimising security risk
Ensuring supply chain continuity
Organizational Resilience
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A true leader’s legacy is determined by what their organization achieves in the future
Legacy of achievement
Purpose driven
Strong leaders
Steve Jobs
Henry Ford
Jamsetji Tata 12
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ISO 22316 – ‘Security and resilience - Guidelines for Organizational Resilience’ New global standard chaired by UK – expected first half 2017
• Number of organizations as part of development:
• USA (12) • UK (6) • France (3) • Indonesia (2) • Mexico (2)
• Germany (3) • Russia (1) • China (1) • Japan (4) • Korea (3)
• Netherlands (2) • Australia (5) • South Africa (1) • Canada (12) • Sweden (3)
• Norway (1) • Switzerland (1) • Singapore (1) • Italy (2)
Key countries involved; France via Government, USA via ASIS, ICOR, and the NFPA, UK via Government, BCI, UKAS, PWC, Australia via Government NB at ISO representation is on a country by country basis rather than organizations
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Organizational Resilience = long term business reputation
Holistic approach Bringing real benefits Ingredients to be a
resilient organization
www.bsigroup.com/Organizational-Resilience
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• Leadership • Agility • Values • Behaviours • Culture • Continuous learning
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Organizational Resilience Harnessing experience, embracing opportunity
Howard Kerr, Chief Executive
Copyright © 2016 BSI. All rights reserved.