Organizational resilience
The BS65000 (2014) standard of the British Standards Institution (BSI) describes organizational resilience as the ability of a company to foresee change, survive and grow even in a complex and dynamic environment. BS65000 (2014) serves as a guide for companies to generate measures for resilience and defines the importance of resilience, represents the most important component of organizational resilience and supports companies in measuring their resilience.
features
A resilient organization can be recognized by some essential characteristics of its operation: It is adaptable with an agile top management that leads confidently. In particular, it benefits from:
- Strategic adaptability
- Through them, the organization remains capable of acting successfully under changed conditions, even if this means that it has to move away from its core business.
- Agile leadership style
- With it, balanced risks can be confidently accepted and both opportunities and threats can be reacted to quickly in the appropriate manner.
- Solid corporate governance
- It demonstrates a sense of responsibility at all levels of an organization based on a culture of trust, transparency and innovation, thus ensuring that the organization remains true to its vision and values.
BSI study
Based on an international survey conducted of 411 managers under contract to BSI tried Economist Intelligence Unit of the magazine The Economist , to identify characteristics of resilient organizations from a management perspective. The respondents equated resilience - i.e. the ability to successfully recover from crises - with longevity, crisis resistance , resistance or immunity of the organization to the strategies of competitors as well as fluctuating market requirements - i.e. with proactive behavior to avoid crises . Reputation risks are perceived as particularly critical in the United States and Asia.
From the respondents' point of view, the most important prerequisites for resilience in this way are an understanding of customer requirements (65%: very important) and the qualifications of employees (59%: very important), followed by dynamic and agile leadership (57%) and IT Security (50%).
See also
Individual evidence
- ↑ Organizational resilience | BSI Group. (No longer available online.) In: www.bsigroup.com. Archived from the original on April 11, 2016 ; Retrieved April 12, 2016 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Haymarket Business Interactive: BSi: home. (No longer available online.) In: www.managementtoday.co.uk. Archived from the original on April 13, 2016 ; accessed on April 13, 2016 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Organizational Resilience: Building an enduring enterprise , 2015 , accessed April 15, 2016
- ↑ Organizational Resilience, p. 7.
