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Published byAnnice McGee Modified over 8 years ago
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A firm’s “vulnerability” can be viewed as a combination of the likelihood of a disruption and its potential severity. Vulnerability can be caused by: Competitive environment Supply chains One supplier Intentional attacks Accidents Natural disruptions
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Reducing a company’s vulnerability to disruption includes: Increasing security. Increasing the participation of all employees in security efforts.
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The Spreading Impact of an Extinguished Fire Nokia Responds to Potential Disruption Ericsson Waits for Parts End Result
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The essence of resilience is the containment of disruption and recovery from it: There are some things that create resilient inside the interprises: Culture The right corporate culture – a shared passion to be successful – is a crucial ingredient in creating resilient enterprises.
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Organizing for Action Assesing the vulnerabilities Reducing the likelihood of disruptioin Collaborating for security Building in redundancies Designing Resilient Supply Chanis Investing in Training and culture.
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The Resilient Enterprise
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