Track: Risk Analysis
Operationalising Resilience Management to Navigate Environments with High Uncertainty
Wednesday, April 14, 10-10:40am EDT
The topic of this talk is the development and management of resilient systems and processes that can operate in highly uncertain environments. We will start by discussing the differences between risk and uncertainty and introduces the concept of resilience management. Then we will explore an analytical framework for resilience management combining soft and quantitative Operational Research methods. This framework is the result of years of research and practical work with different stakeholder groups, governmental organisations, and academics. In particular, we will discuss how organisations can use models, cognitive maps and simulation results to enhance resilience. We will do so by splitting the resilience management process into four tasks: i) framing the system, ii) building an appropriate model, iii) operationalising resilience and iv) preparing for implementation.