How can you identify the most important aspects of your business that need to be resilient?

Evaluate potential risks that could impact your business operation. This evaluation includes both internal and external factors.

I can do so by assessing my susceptibility to disruptions, gauging their impact on overall operations, and prioritizing them based on their significance to my core objectives and stakeholders.

é essencial realizar uma análise detalhada dos pontos críticos que podem ser afetados por desafios ou perturba??es. Avalie a cadeia de suprimentos, os processos operacionais, a tecnologia, os recursos humanos e as finan?as. Considere os impactos potenciais de eventos imprevistos, como crises econ?micas, desastres naturais ou interrup??es tecnológicas.

Assess your risks! Look for potential threats like disruptions, market shifts, or security breaches. Then, prioritize the areas that is most critical to your survival if impacted.

Identifying the most important aspects of your business that needs to be resilient involves a thorough assessment of various factors and considerations. Here are some of the steps to help you identify these critical aspects: 1. Business Impact Analysis 2. Stakeholder Input 3. Risk Assessment 4. Regulatory and Compliance Requirements 5. Technology Infrastructure 6. Continuous Improvement By following these steps and considering a holistic approach to resilience, you can effectively identify and prioritise the most critical aspects of your business that require resilience measures to ensure continuity and sustainability in the face of disruption.

Objectives guide resilience planning. Clear goals show what your business needs to achieve. Those functions critical to those goals (e.g., production for on-time delivery) are prime targets for resilience building. By assessing risks (internal/external) that threaten these functions, you can prioritize where to focus your efforts. Essentially, your objectives become a roadmap for building a resilient business.

Core capabilities are your skills, abilities and talent that perform both in operation and support division. I am working in Construction Industry and one of the biggest problems are the delayed of manpower, materials and equipment to use by the site operations. This will take care by Planning Group to prepare and order ahead of the site execution/ operation but biggest challenges are the budget also to take care all these resources. Remember that the Finance group of the head office of Construction Company are again the responsible to meet this budget in order to implement the delivery of manpower, materials and equipment. So, the best thing to do by the Top Management of the Company is to allocate the budge and release on time/ even ahead

Identifying your core capabilities is key to building resilience. These are your business's unique strengths, like exceptional customer service or a special production process. Resilience protects these strengths. Analyze potential disruptions (e.g., supply chain issues) and how they'd impact your core capabilities. Focus on building resilience in the areas that most impact your strengths to ensure your business can weather any storm.

Identify gaps to build resilience: Assess risks (e.g., supply chain disruptions). Define business goals (e.g., customer satisfaction). Pinpoint core capabilities (e.g., skilled workforce). Evaluate gaps between capabilities and risks (e.g., lack of training programs).

Employ strategy both online and offline. Always renovate your marketing strategy in order to maximize your income and expand aggressively in according to your align resource that is where the increase of your business will be achieve to optimum or maximum results.