iso 22316 - organizational resilience management system (orms)
ISO 22316 is an international standard that provides guidance on enhancing organizational resilience—the ability of an organization to anticipate, prepare for, respond to, and adapt to change and disruption in order to survive and thrive. It supports companies in building a resilient management system that strengthens long-term sustainability and performance.
Benefits
ISO 22316 helps organizations build a more resilient and robust structure. It allows them to identify vulnerabilities and develop strategies to address them, making the organization better prepared for various disruptions, including natural disasters, economic downturns, cybersecurity threats, and more.
The standard encourages a proactive approach to risk management. Organizations can assess potential risks, develop risk mitigation strategies, and create plans for effective response and recovery.
ISO 22316 promotes a culture of informed decision-making. It helps organizations develop processes and systems to collect and analyze relevant data, making it easier to make well-informed decisions, especially during crisis situations.
By demonstrating a commitment to organizational resilience, organizations can build trust and confidence among stakeholders, including customers, investors, and regulatory authorities.
ISO 22316 emphasizes the importance of business continuity planning, ensuring that an organization can maintain essential functions during and after disruptions, reducing downtime and financial losses.
Resilient organizations are better positioned to adapt and thrive in a rapidly changing business environment. This can lead to a competitive advantage in the marketplace.
ISO 22316 can help organizations meet regulatory requirements related to risk management and business continuity, particularly in industries where such compliance is critical.