1 minute read
Organisational Resilience
by ctmmind
Purpose, Money & People
Organisational Resilience is the ability of an organisation to anticipate, prepare for, respond and adapt to incremental change and sudden disruptions in order to survive and prosper.
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The Principles of Organisational Resilience
Purpose
Principle 1: Understands and clearly articulates its value and purpose.
Principle 2: Invests in developing its internal resilience and its interaction with external stakeholders.
Principle 3: Thinks and acts strategically and prepares effectively for an uncertain future.
Principle 4: Creates a joined up working culture where all disciplines work towards a collective purpose.
Principle 5: Is led and managed with financial confidence and supported with robust financial management
Principle 6: Builds an appropriate level of financial security and creates financially resilient external relationships.
Principle 7: Assesses and manages internal and external risk to respond and adapt to change.
Testing our resilience
Principle 8: Has a Board and Leadership team who invest in good governance.
Principle 9: Recruits and develops people who bring a diversity of experiences and knowledge to the decision making and delivery processes.
Principle 10: Thinks and acts strategically and prepares effectively for an uncertain future.
The Board and the Chief Executive Officer will test the charities resilience through applying our internal ‘Resilience Toolkit’, this will enable our response.
1. We will identify the strengths and weaknesses within the business against each of the principles outlined.
2. We will develop plans and appoint key people and resources to respond to those plans.
3. We will apply the Resilience Toolkit as part of the Boards Annual Plan which is reviewed every year over the next three years – keeping us on track.