Operational Resilience vs Business Continuity 

At first glance, you might think Operational Resilience is just Business Continuity (BC) by another name, but there is a difference. Business Continuity focuses on the plan to deal with disruptions (usually severe) and ensuring the organisation can maintain essential services at pre-defined levels, within an acceptable timeframe. 

So what is the difference? 

Operational Resilience is focused on outcomes. The organisation continues to deliver critical services through the disruption. This certainly requires good Business Continuity planning, but it also requires effective operational risk management where risks are identified, and measures are put in place to prevent undesirable events from happening in the first instance. It also requires the continuous monitoring of the environment/business context for changes that may require a corresponding change to a process/procedure. When disasters do happen, they are never exactly as expected, so Business Continuity plans have to be adapted. This ability to respond and adapt before, during and after an event is agility, the ability to see opportunities and threats and respond quickly. The most resilient organisations are agile. 

Business continuity and operational resilience go hand in hand and are important measures when implementing risk frameworks and strengthening the risk management processes in your business 

If you would like to know more about business continuity, operational resilience, risk management or governance as a whole, be sure to download our free Risk and Operational Resilience White Paper to gain insight into the topic and assess your own operational resilience. 

Recent News

The Golden Thread – Governance, Risk & Compliance

A joined-up approach to governance, risk and compliance (GRC) is something all GRC practitioners aspire to – but, ...
Read More

Dark Patterns, Hidden in Plain Sight

If you’ve spent any time on the internet, chances are you will have experienced ‘Dark Patterns’ and may ...
Read More

Over 100 Credit Unions Now Using CalQRisk

CalQRisk now has over 100 credit unions actively using their Governance, Risk Management and Compliance solution across the ...
Read More
risk management words

Governance, Risk and Compliance – An Integrated Process

Three-letter acronyms. Love them or hate them, we can appreciate that they are convenient shortcuts. Many of us ...
Read More

Paralympics Ireland choose CalQRisk to streamline their Governance, Risk & Compliance efforts 

Paralympics Ireland has recently implemented the CalQRisk solution to streamline their Governance, Risk Management and Compliance efforts.  Paralympics ...
Read More

Changes to ISO 27001

ISO 27001 is an international standard that outlines the requirements for an information security management system (ISMS). It ...
Read More

DORA – What you need to know

The purpose of the EU’s new Digital Operational Resilience Act (DORA) is to ensure the safety and security ...
Read More

ILCU and CalQRisk form Alliance

The Irish League of Credit Unions (ILCU) has collaborated with CalQRisk to offer a best-in-class governance, risk management ...
Read More
Database

Top Cyber Risks in 2023

In 2023, there are several cyber risks of which organisations and individuals should be aware. These risks can ...
Read More
office meeting at sunrise

10 Things to Ask When Outsourcing / Choosing a Supplier

Many organisations choose to outsource critical functions or services to third parties/contractors. However, outsourcing the work does not ...
Read More