After an unbroken series of critical events over the last few years, operational resilience became a business-world buzzword in 2022.
Consider the survey data. Over three quarters of organizations, according to a BCI survey, reported either having or developing an operational resilience program, with adoption numbers even higher in tightly regulated sectors, e.g., financial services.
The momentum is heartening. However, the need to get best-practice programs off the ground only accelerates.
After all, operational resilience – a business’s ability to respond to and overcome adverse circumstances during an incident that might cause financial loss or disrupt business services – is a singular tool for ensuring organizations can respond to adverse situations.
Unfortunately, it is these adverse situations that are becoming the norm, presenting stark challenges to the development and maintenance of operational resilience.
What are the top five challenges to expect in 2023? This guide lays them out.
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