What is a Business Resilience Strategy?
A business resilience strategy is an approach to building an organization's capacities, capabilities, and systems to prepare for, respond to, and recover from any disruptions. It is a framework for anticipating, planning, equipping, and training personnel to respond to any potential threats, emergencies, or disasters. This strategy should be comprehensive, taking into account any external and internal risks, and should be tailored to the organization's specific needs.
What's included in this Business Resilience Strategy template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Business Resilience Strategy template for?
This business resilience strategy template is designed for business leaders, managers, and executives to develop their strategic plans for building and enhancing overall business resilience, encompassing various aspects of the organization. This template is designed to help business professionals quickly identify and define objectives, set measurable targets, and develop related projects to achieve their desired goals.
1. Define clear examples of your focus areas
The first step in developing your business resilience strategy is to define the focus areas that your strategy should cover. Focus areas are aspects of your organization’s operations that need to be addressed in order to prepare for, respond to, and recover from any disruptions. Examples of focus areas might include protecting critical assets, business continuity planning, risk management, or any other areas that are important to your organization.
2. Think about the objectives that could fall under that focus area
Once you have identified the focus areas of your strategy, you should then think about the objectives that you want to achieve within each of those focus areas. Objectives provide direction and can help you to identify the specific steps you need to take in order to accomplish your goals. Examples of some objectives for the focus area of Protecting Critical Assets could be: Reduce Risk of Data Loss, and Improve System Security.
3. Set measurable targets (KPIs) to tackle the objective
To help ensure that your objectives are achievable, you will need to set measurable targets, or key performance indicators (KPIs). KPIs allow you to measure your progress toward achieving your objectives and measure the overall success of your strategy. An example of a KPI for the focus area of Protecting Critical Assets could be: Increase Backup Success Rate.
4. Implement related projects to achieve the KPIs
Once you have identified the objectives and set measurable targets, you can then develop related projects to achieve your desired goals. Projects are actions that you can take to help you reach your objectives and KPIs. Examples of projects include implementing backup systems, developing recovery plans, or training emergency response teams.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Using Cascade Strategy Execution Platform, you can quickly and easily track your objectives and projects, measure progress towards your goals, and ensure that your strategy is successful. With Cascade, you can see faster results from your business resilience strategy and ensure that your organization is ready for any potential disruptions.