The British Standards Institution (BSI) has published new guidance on how to become a more resilient organisation. Its new BS 65000 code of practice is designed to take into account the latest thinking and lessons learnt by industry and academia over the past few years. The new BS 65000 code of practice for organisational resilience provides a significant revision of the previous BS 65000 Guidance for Organisational Resilience published in 2014.
“Resilience has become a strategic issue for many organisations. It involves developing the ability to anticipate challenges, adapt to them and to absorb shocks. In a time of continuing uncertainty and change, this has rarely been more important.” A guide to BS 65000 – A BSI executive briefing August 2022
The latest standard recognises that there has been increased convergence on many of the principles and practices that help build and maintain organisational resilience. It builds on the growing body of evidence from industry and academic research since the earlier standard was first published. As a result, the code of practice provides clear recommendations of what organisations should do to become more resilient. It extends the scope of organisational resilience to include financial, operational, human, social and environmental considerations, and recognises the importance of resilience across the wider system within which the organisation operates.
James Crask, Managing Director, Head of Strategic Risk Consulting, Marsh Advisory, said:
“In a world where a new crisis emerges on an almost daily basis, resilience has shot up on the Board agenda. Your ability to adapt in the face of this unprecedented volatility will set you apart from the pack, but achieving resilience is hard.”
Crask added: “This Standard is crucial reading for professionals looking to demystify the subject and those looking to help their organisations to thrive in the future.”
The official launch of BS 65000:2022 took place at the Emergency Planning College (EPC), Easingwold, on 23 September. Head of the College, Deborah Higgins, said: “We officially launched the new BS 65000 as a code of practice and heard from our speakers on how it can benefit organisations with building resilience.”
Julia Graham, Airmic CEO, leads the BSI Risk Committee attended the launch and said: “The publication of BS 65000:2022 represents a progression beyond its international (ISO) equivalent by providing an authoritative document that can be used as part of a board-level agenda, to support discussions on resilience across organisations using agreed terms and definitions, and by providing a means to effectively measure resilience.”
If you would like to talk to the EPC about how it can support your organisation with building the resilience capabilities of individuals and teams, please visit its website:
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