What is a Resilience Development Strategy Plan?
A resilience development strategy plan is a set of initiatives and activities that are designed to help an organization better manage risks and uncertainties, improve their ability to effectively respond to disruptions, and increase their overall resilience. This plan encompasses various focus areas such as enhancing resilience, improving efficiency, and investing in technology, and outlines objectives, action items, and measurable targets (KPIs) that must be met to ensure successful implementation of the plan.
What's included in this Resilience Development Strategy Plan template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Resilience Development Strategy Plan template for?
The resilience development strategy plan template is designed for organizations looking to develop a strategic plan to enhance their resilience capabilities and effectively respond to disruptions and uncertainties. This template provides a structure for outlining focus areas, objectives, action items, and measurable targets that will help guide the organization in formulating its own resilience development strategy plan.
1. Define clear examples of your focus areas
Focus areas are the overarching categories that each objective and action item should fit into. Examples of focus areas that could be included in a resilience development strategy plan are enhancing resilience, improving efficiency, and investing in technology. It is important to ensure that the focus areas are clearly defined so that objectives, action items, and measurable targets (KPIs) can be accurately and effectively assigned.
2. Think about the objectives that could fall under that focus area
Objectives are the goals that need to be achieved in order to successfully accomplish each focus area. For example, if the focus area is investing in technology, objectives could include upgrading infrastructure and leveraging cloud solutions. Objectives should be specific and measurable so that action items and KPIs can be assigned to them accordingly.
3. Set measurable targets (KPIs) to tackle the objective
KPIs (key performance indicators) are measurable targets that are used to track the progress of an objective. For example, if the objective is to upgrade infrastructure, then the KPI could be to increase the percentage of upgraded systems. KPIs should be measurable and quantifiable so that progress can be accurately tracked.
4. Implement related projects to achieve the KPIs
Projects (action items) are the initiatives and activities that need to be implemented in order to achieve the KPIs and objectives. For example, if the KPI is to increase the percentage of upgraded systems, then the related project could be to implement a technology upgrade plan. Action should be specific and detailed so that progress can be accurately tracked.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade is a strategy execution platform that enables organizations to develop, implement, and track their strategies. Cascade offers a variety of features such as goal setting, project management, and performance measurement tracking. By utilizing Cascade, organizations can quickly and easily develop and track their strategic plans and ensure that their initiatives and activities are aligned with their objectives.