179k views
5 votes
Briefly explain the concept of resilience and how BCM can be

used by an organization in building resilience?

1 Answer

4 votes

Final answer:

Resilience is an organization's ability to quickly recover from challenges. Business Continuity Management aids organizations in creating plans to maintain critical functions during disruptions, therefore contributing to resilience. Ecosystem resilience implies an ecosystem's capacity to rapidly recover equilibrium after disturbances.

Step-by-step explanation:

Resilience in an organizational context refers to the ability of a company to handle disruptions and adapt to change effectively. Business Continuity Management (BCM) plays a crucial role in building organizational resilience by preparing businesses to respond and recover from potential threats, such as natural disasters, cyber-attacks, or other crises. BCM includes strategies and plans that ensure critical business functions can continue during and after a disruption, thereby maintaining the services and products that are essential to the survival of the organization.

If an ecosystem is highly resilient, it suggests that the ecosystem can quickly revert to a state of equilibrium after experiencing disturbances. This resilience is achieved through a dynamic balance of species and the flow of energy within the food chains and food webs that constitute the ecosystem structure. The resilience of an ecosystem ensures its long-term sustainability and its ability to cope with changes, whether natural or human-induced.

User Matt Dalzell
by
8.2k points