2 . Take ownership for building business resilience The concept of building business resilience is often labelled as purely a ‘ risk management ’ procedure . However , the responsibility for building resilience shouldn ’ t be placed solely upon the risk manager .
Building resilience is more than a box-ticking exercise , it represents the mindset of an entire organisation . Business leaders have a big role to play in building this mindset , and they must take ownership in developing resilience with a long term view of the business , not just their own tenures .
Sustained resilience needs to be an integral part of corporate strategy , to protect them from loss of market shareholder value , reputation and more .
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