Many organisations have demonstrated crucial resilience throughout the pandemic and while lessons have been learnt it is important firms do not lose sight of maintaining resilience for future events. This week Lindsey Domingo at Xcina Consulting Limited, looks at the concept of Impact tolerances, mandated by UK Financial Regulators in their respective policy statements in March 2021. We have been working with several firms helping to guide them through the process of setting impact tolerances which should follow once important business services have been identified.
Here are some of the questions we’re helping senior management teams to address: