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The Basel Committee (on Banking supervision) defines operational resilience as “the ability […] to deliver critical operations through disruption”. This could not be more succinct. Like all abilities it takes time and effort to get good at it. Here is a brief view of the key elements that collectively deliver resilience for an organization and where attention needs to be focused to ensure the ability and capabilities are developed.
Read MoreWhen another Academy Trust funding scandal broke, many were left wondering how the ESFA’s control mechanisms, delivered largely in the form of the Academies Financial Handbook (AFH), could have failed so abysmally. Again. They say timing is everything and, having just completed the update to the CalQRisk control knowledgebase against the AFH 2018, and become…
Read MoreTen Key Things you need to know about The Academies Financial Handbook, 2018
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