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Building resilient organisations: Proactive risk management in organisations and their supply chains

Author

Listed:
  • Siegel, Marc

    (M Siegel Associates LLC, USA)

Abstract

Resilient organisations proactively identify and manage anticipated risks, as well as build capacity to cope with adversity, whether anticipated or unanticipated. Resilience is the outcome of fully integrating a proactive, enterprise-wide, multidisciplinary and holistic risk management approach into the organisation’s business management processes. Resilience is an aspirational objective — there is no endpoint, nor is there a one-size-fits-all solution. Resilient organisations promote an inclusive culture of risk thinking throughout the organisation and its supply chain. By integrating a proactive approach to managing risk, organisations can become more agile, adaptable and responsive to changes in their operating environment.

Suggested Citation

  • Siegel, Marc, 2018. "Building resilient organisations: Proactive risk management in organisations and their supply chains," Journal of Business Continuity & Emergency Planning, Henry Stewart Publications, vol. 11(4), pages 373-384, June.
    • Handle: RePEc:aza:jbcep0:y:2018:v:11:i:4:p:373-384
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    Citations

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    Cited by:

    1. Yasheng Chen & Zhuojun Wu, 2022. "Taking Risks to Make Profit during COVID-19," Sustainability, MDPI, vol. 14(23), pages 1-16, November.

    More about this item

    Keywords

    risk management; security; business continuity; resilience; business management; supply chain;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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