How we can support you throughout your operational resilience journey
At EY, we are prepared to meet you where you are today. Our solutions and offerings have been skillfully developed and will be tailored to your unique needs.
Governance and methodology – We support you in the design of a target operating model, establishing governance, ownership and accountability for resilience, and developing a tailored resilience methodology to guide you through regulatory requirements.
Current state assessment – We perform a current state maturity assessment and provide recommendations aligned with industry leading practices to help you meet regulatory expectations.
Operational Resilience training – A fundamental building block in establishing operational resilience is educating and aligning employees on operational resilience and practical solutions to achieve resilience. Given the top-down approach required to enable a resilient organization, our training will enhance your organization’s understanding of the core concepts and fundamentals of operational resilience.
Critical operations lifecycle pilot – We guide you through an operational resilience journey — identifying critical operations, mapping, tolerances for disruption and scenario testing — focusing on knowledge transfer to avoid common implementation pitfalls.
Enterprise Resilience data strategy – We can help you transform your management and board reporting to respond to the question “Are we resilient?” and drive internal alignment on investments and strategic decision-making.
Technology enablement and support - We can help you evaluate, design and implement Governance, Risk and Compliance (GRC) or Integrated Risk Management (IRM) solutions to automate and optimize your enterprise resilience activities. Our approach to GRC/IRM technology enablement is based on extensive experience enabling GRC transformations and is focused on delivering value at every stage of the transformation. Whether you are looking to leverage existing technology or embark on a GRC/IRM transformation, we will be there to guide you every step of the way.
The advancement of GRC/IRM tools as an operational resilience enabler
The shift from managing risks in silos to managing risks through coordinated functions — supported by integrated and automated processes and consistent reporting to generate return on technology investment — is accelerating the advancement of GRC/IRM transformations.
In the context of operational resilience, these solutions can help you manage and mitigate risks, improve incident response and recovery, enhance business continuity planning, and much more.
Key capabilities of GRC/IRM solutions include:
- Risk prioritization – Define and prioritize operations with corresponding risks, controls and tolerances for disruption.
- Continuous monitoring – Oversee risks, controls and issues in real time around the clock using existing operational data.
- Scenario testing – Analyze the potential impact of disruptions on clients, employees, products and technology.
- Scenario analysis – Conduct a range of disaster scenarios and test the steps your business can take to return to normal.
- Service disruption management and recovery – Incident analysis, response and recovery decision support and disruption incident trend monitoring.
- Risk contextualization and dynamic reporting – Dashboard reporting that includes business contact around risk and resilience, and progress tracking and insights reporting to exhibit your organization’s overall resilience.
- Decision and workflow support – Real-time, multi-channel notifications, and alerts, and data organization and automation.