Why Expertise Is a Top Consideration When Considering a GRC Partner
GRC is an ever-evolving practice; place value in a vendor with extensive knowledge of the GRC landscape, one…
It's a new year, and that means new resolutions. Move over pushups and pilates; we're kicking off the new year with a two-part podcast meant to get your 2022 off to a great start. In our most recent episode of GRC & Me, LogicGate CEO, Matt Kunkel and the GRC Pundit himself, Michael Rasmussen discuss agility and resiliency and why they’re important to an organization’s risk program.
What is Resiliency?
Resilience is being elastic and having the ability to spring back, to recover. When you encounter a negative event, your resiliency allows you to quickly get your organization back up and running and recover processes and post-event services.
When companies experience operational issues or encounter adverse events, risk issues show their ugly heads. Resilience requires integration that makes business continuity a part of the enterprise and operational risk management strategy. Operational resiliency is getting a lot of focus these days, and rightfully so. The pandemic has provided a perfect litmus test for companies to see just how well they either struggle or excel with resilience.
Having A Strong Resiliency Culture
Being resilient is "more than just continuity, it's also being able to manage risk." According to Michael, a company with a strong resiliency culture can see across departments. Resilient organizations are like a human body with functioning systems (skeletal, muscular, circulatory, nervous, etc.) that work together, independently, and simultaneously. For Michael, the big thing right now with resiliency is that companies can't just diagnose problems by looking at only one system. They have to look at the whole picture.
To hear more and learn how agility plays a role, check out the full podcast episode here:
