Operational Risk and Resilience

rate types of risk that fall under the crisis umbrella. By focus-

ing on the consequences of the crisis (rather than its cause), it

will be apparent that there are many common factors. Plans

dealing with consequences will hold across a broad spectrum

of potential risks, with three main exceptions:

•

The nature of each type of threat does need to be consid-

ered, in case there are specific considerations that need to be

taken into account.

•

The plan should always cater for the worst case scenario.

•

The plan does need to be flexible. There are no rules gov-

erning the way in which a crisis will actually take place, or

the level of its impact.

A business continuity ...