Irish organisations invest in teams to deliver on the resilience agenda, with 77 percent of respondents confirming at least one dedicated resource.Īs more organisations integrate their resilience programmes, many firms worldwide are adopting the core principles of an operational resilience (OpRes) approach, focusing on protecting what matters most and prioritising investment based on what’s critical to their organisation and stakeholders. Organisations must build operational resilience and ensure that enterprise planning and preparation are part of a broader continuous cycle.
Programme approach: Build operational resilience around what matters most Fifty-seven percent of Irish organisations cite upskilling future leaders as one of the three most important elements of future-proofing resilience.Ī successful resilience strategy and programme needs:Ī senior leader with clear responsibility for the programme andĪ skilled team to drive the programme across the organisation.ģ. Leadership: Thriving in a permacrisis means upskilling leaders and teamsĬonsistent with global trends, 33 percent of Irish respondents in the PwC survey said building a team with the right skills is a significant challenge in establishing a resilience programme. They are centrally governing and aligning multiple resilience capabilities around what matters most to the business and embedding this programme into their operations and corporate culture.Ģ. It is no longer sufficient for organisations to operate in silos as they address today’s complex and interconnected risks. Both locally and globally, enterprises are moving towards an integrated approach to resilience. Integration: An integrated resilience programme is essential There are three ways organisations can embrace and invest in resilience to transform their operations in an era of constant disruption.ġ. PwC’s Crisis and Resilience Survey 2023 delves into how organisations are directing their resources, efforts and investments toward building resilience to thrive in a state of permacrisis. The key to success is resilience: the ability to navigate crises and the capacity to adapt and succeed in the face of disruption. To survive and thrive in this upheaval, Irish business leaders must be able to proactively anticipate and respond to disruption. In today’s unpredictable business environment, organisations must invest in resilience to ensure they can withstand any disruption and quickly recover, writes Andy BanksĪs Irish businesses grapple with a rapidly changing world, the challenges of geopolitical upheaval, soaring inflation and economic uncertainties have become ever more prevalent.Īdded to this, businesses are facing the rising threat of cybercrime, supply chain challenges and the climate crisis.
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