Navigating the Complex Landscape of Operational Resilience
Corporater
Integrated software solutions for Governance, Performance, Risk, and Compliance (GPRC) management.
In a recent discussion on operational resilience, industry experts shed light on the substantial challenges and exciting opportunities that organizations are encountering as they transition from traditional business continuity practices. The key takeaway from the conversation was the sheer scale of operational resilience programs, with participants emphasizing how they touch various facets of an organization.
One of the central challenges highlighted was the complexity associated with gathering and analyzing extensive data sets to identify resilience risks comprehensively. The need to apply preventative and adaptive controls, build recovery capabilities, and evidence testing further adds to the intricacy of these programs. The scale of data, linked to this challenge, has become a significant hurdle for many operational resilience initiatives.
However, amidst the challenges, there is a silver lining. The vast scope of operational resilience programs presents an opportunity to enhance the data model across organizations. This enhancement enables a clearer understanding of information and risks, painting a more comprehensive picture of an organization's current state of operational resilience.
While the scale and complexity of operational resilience programs pose significant challenges, they also pave the way for organizations to fortify their data models and gain a more nuanced understanding of their resilience landscape.
Check out the slide deck to learn more.
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Corporater offers a single platform and integrated solutions for Governance, Performance, Risk, and Compliance (GPRC).