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Interactive dependency curves for resilience management

Author

Listed:
  • Petit, Frédéric
  • Wallace, Kelly
  • Phillip, Julia

Abstract

Physical dependencies are a fundamental consideration when assessing the resilience of an organisation and, ultimately, the resilience of a region. Every organisation needs specific resources for supporting its operations. A disruption in the supply of these resources can severely impact business continuity. It is important to characterise dependencies thoroughly when seeking to reduce the extent an organisation is directly affected by the missions, functions and operations of other organisations. The general protocol when addressing each critical resource is to determine the use for the resource, whether there are redundant services providing the resource, and what protections, backup equipment and arrangements are in place to maintain service. Finally, the criticality of the resource is determined by estimating the time it will take for the facility to experience a severe impact once primary service is lost and what percentage of facility operations can be maintained without backup service in place, as well as identifying whether any external regulations/policies are in place that require shutdown of the facility because of service disruption owing to lack of a critical resource. All of this information can be presented in the form of interactive dependency curves that help anticipate and manage the effect(s) of a disruption on critical resources supply.

Suggested Citation

  • Petit, Frédéric & Wallace, Kelly & Phillip, Julia, 2014. "Interactive dependency curves for resilience management," Journal of Business Continuity & Emergency Planning, Henry Stewart Publications, vol. 8(2), pages 141-155, November.
  • Handle: RePEc:aza:jbcep0:y:2014:v:8:i:2:p:141-155
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    More about this item

    Keywords

    dependency; resilience; risk management; emergency management; business continuity;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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