Roads to Resilience
Summary of actions to achieve the ‘Risk Radar’ principle Research at the case study organisations resulted in the identification of a wide range of resilience practices under each of the four components of the risk radar principle, as follows:
Actions
High Involvement
Constant Vigilance
Avoid Complacency
Challenging Questioning
• routine project
• build market and social media intelligence networks • monitor events
• learn from the experience and
• top management
and other team liaison meetings
and NEDs trained in risk management
mistakes of others • meetings to explore emerging risks • review of supply chain and delivery chain risks
• build on the
• structured
existing risk culture and expertise
challenges to existing resilience processes • forum to discuss resilience
that could damage reputation
• business partner, contractor and supplier liaison meetings
• investigate the
financial security of business partners
presumptions in the business model
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Roads to Resilience: Building dynamic approaches to risk to achieve future success
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