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Operational resilience: Principles, policies and procedures Gatwick Airport Publication version October 2014[Intentionally left blank]October 20142Contents 1)Introduction .................................................................................................................................

How to fill out operational resilience

How to fill out operational resilience?

1. Identify critical business functions: Assess the key areas of your organization that are crucial for its operation. This may include departments, processes, technologies, or even specific roles within the company.
2. Assess potential risks: Conduct a thorough analysis to identify potential risks that can disrupt your critical business functions. This may include natural disasters, cyber-attacks, supply chain disruptions, or even financial instability.
3. Develop a risk mitigation strategy: Once you have identified the risks, create a strategy to mitigate them. This may involve implementing preventive measures, developing contingency plans, or setting up redundancies to ensure continuity in case of disruptions.
4. Implement risk management measures: Put your risk mitigation strategy into action by implementing the necessary measures. This may include investing in advanced security systems, training employees on emergency protocols, or establishing partnerships with alternate suppliers.
5. Test and update your resilience plan: Regularly test your operational resilience plan to ensure its effectiveness. This may involve running simulated scenarios, conducting drills, or analyzing past incidents to identify areas for improvement.

Who needs operational resilience?

1. Businesses of all sizes: Operational resilience is crucial for businesses of all sizes, from small startups to large corporations. Every organization faces risks that can disrupt their operations, and having a resilience plan in place is essential to ensure business continuity.
2. Industries with high cybersecurity risks: In today's digital landscape, industries that handle sensitive data, such as finance, healthcare, or technology, are particularly vulnerable to cyber-attacks. These industries need to invest in operational resilience to protect their data and maintain customer trust.
3. Organizations with complex supply chains: Companies that rely on complex supply chains, including manufacturers, retailers, or logistics providers, need operational resilience to anticipate and mitigate disruptions. By identifying potential risks and establishing backup plans, these organizations can ensure a continuous flow of goods and services.
4. Government agencies: Government agencies play a critical role in society, and disruptions in their operations can have severe consequences. Operational resilience is essential for government entities to ensure the delivery of essential services and maintain public trust.

In conclusion, operational resilience is a vital aspect of managing risks and ensuring business continuity. By following the steps to fill out operational resilience and recognizing the need for it across various industries and organizations, you can better prepare your business for any potential disruptions.

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What is operational resilience?

Operational resilience is the ability of an organization to continue operating effectively in the face of various risks and challenges.

Who is required to file operational resilience?

Financial institutions and other regulated entities are typically required to file operational resilience.

How to fill out operational resilience?

Operational resilience reports are typically filled out using specific templates provided by regulatory authorities.

What is the purpose of operational resilience?

The purpose of operational resilience is to ensure that organizations can withstand disruptions and continue delivering key services.

What information must be reported on operational resilience?

Information about key operational risks, mitigation strategies, and recovery plans are typically reported on operational resilience.