7 Principles for Achieving Enterprise Resilience
Discover the seven principles for creating more resilient systems with a resilience thinking approach.
In today's interconnected society, a resilience thinking approach is necessary for managing the interaction between people and nature. By following these seven principles, companies can create more resilient systems.
Principle 1: Maintain diversity and redundancy with many different components to compensate for the failure of others.
Principle 2: Manage connectivity to avoid overly connected systems that may lead to rapid spread of disturbances.
Principle 3: Manage slow variables and feedbacks to prevent costly and difficult to reverse changes.
Principle 4: Foster complex adaptive systems thinking to accept unpredictability and multiple perspectives.
Principle 5: Encourage learning and revision of existing knowledge through collaboration.
Principle 6: Broaden participation to build trust and a shared understanding for collective action.
Principle 7: Promote Polycentric Governance where multiple governing bodies interact to support collective action in times of change.