BR3 TM
The journey to business reslience is an ongoing process that can deal with the moving targets created by uncertainty and change. BRG has developed BR3 TM to provide you with a map to follow while also allowing your organization to establish its commitment to and current level of resilience. It is based on the premise that the way an organization views business resilience planning and implementation provides valuable insight into its responsibilities towards key stakeholders and broader society. An investment in business resilience demonstrates to all stakeholders the organization is being run responsibly and professionally.
BRG Business Resilience Roadmap Rating (BR3 TM) is intended to integrate the full range of capabilities necessary to implement a business resilience framework. It provides information to assist management in developing plans for improvements to their business resilience practises. Your organization will be in a better position to prioritise improvements in business resilience capabilities identified to develop action plans to pursue high priority opportunity areas.
Business Resilience Measurement Principles – the 5 R’s of Resilience
BR3 TM assessment is based on an evaluation of levels of capability, ‘as is’ and ‘to be’ after the organization has decided for what level of maturity the organization’s business resilience capability should strive.
By measuring business resilience, BRG focuses on the following properties:
1. Robustness – the strength or the ability of organizational elements, systems to adapt to anticipated or withstand, given levels of discontinuity without suffering degradation or loss of function and/or performance.
2. Responsiveness – the ability to anticipate and adapt to discontinuities so as to maintain stakeholder confidence in the organization.
3. Resourcefulness – the capacity to identify challenges and opportunities, establish priorities and mobilise resources when conditions exist that could threaten/enhance the performance of the organization.
4. Rapidity – the capacity to meet performance priorities and achieve goals in a timely fashion in order to contain losses/advance opportunities and avoid/progress future discontinuities depending on the nature of the organizational impact.
5. Redundancy – the extent to which organizational elements/systems are substitutable, i.e., capability of satisfying performance and/or functional requirements in the event of a discontinuity.
Architecting for business resilience can provide a critical catalyst for positive change, for example cost reduction and process improvement. The most beneficial outcomes require tight integration with strategic intent of the enterprise and influence of the surrounding ecosystem.
We harness negativity to adopt a positive attitude to change.