Personal Understanding of Resilience and Sustainability Frameworks and Systems
GRIFFITH UNIVERSITY
Management and Risk
Personal Understanding of Resilience and Sustainability Frameworks and Systems
Course Convenor: Judy Clarey
Farhad Mahmoudi (2793365) Farhad.mahmoudi@griffithuni.edu.au
3/15/2013
Sustainability:
Sustainability can simply be defined as the capacity to endure. The word Sustainability is derived from Latin "Sustinere" and in effect means "Uphold". Sustainability in organisation performance is an organised management approach for developing, implementing, and evaluating strategies for optimising the impact of an organisation 's objectives relative to its resources, enhances the innovative strength of an organisation through operational efficiency and strategic depth, provides an assessment of an organisation 's current performance and the long-term impact on its future success, and last but not least, includes the health, safety, security of employees and contractors, and how the organisation pursues environmental considerations (Stapelberg, 2012).
Resilience:
Resilience can be defined as to jump back. It is derived from Latin “resilire” and generally means quick recovery. This involves both the ability to withstand systematic discontinuities as well as the capability to adapt to new risk environments (Starr et al. 2003, Crichton et al. 2009). Fundamentally, the concept of resilience is closely related with the ability of an element or system to return to a stable state after a disruption (Gunderson 2000, Cumming et al. 2005). Hence, a resilience approach in the face of perturbation is suggested to enable an organisation to adapt to new risk environments (Burnard and Bhamra, 2011).
Resilience and Sustainability
By the definition, sustainability mainly relates to the ability of an organisation to improve continually towards its KPIs and its internal processes and procedures, whereas, resilience, literally, focuses on the organisation’s internal and external environment to respond and adapt to
Management and Risk
Personal Understanding of Resilience and Sustainability Frameworks and Systems
Course Convenor: Judy Clarey
Farhad Mahmoudi (2793365) Farhad.mahmoudi@griffithuni.edu.au
3/15/2013
Sustainability:
Sustainability can simply be defined as the capacity to endure. The word Sustainability is derived from Latin "Sustinere" and in effect means "Uphold". Sustainability in organisation performance is an organised management approach for developing, implementing, and evaluating strategies for optimising the impact of an organisation 's objectives relative to its resources, enhances the innovative strength of an organisation through operational efficiency and strategic depth, provides an assessment of an organisation 's current performance and the long-term impact on its future success, and last but not least, includes the health, safety, security of employees and contractors, and how the organisation pursues environmental considerations (Stapelberg, 2012).
Resilience:
Resilience can be defined as to jump back. It is derived from Latin “resilire” and generally means quick recovery. This involves both the ability to withstand systematic discontinuities as well as the capability to adapt to new risk environments (Starr et al. 2003, Crichton et al. 2009). Fundamentally, the concept of resilience is closely related with the ability of an element or system to return to a stable state after a disruption (Gunderson 2000, Cumming et al. 2005). Hence, a resilience approach in the face of perturbation is suggested to enable an organisation to adapt to new risk environments (Burnard and Bhamra, 2011).
Resilience and Sustainability
By the definition, sustainability mainly relates to the ability of an organisation to improve continually towards its KPIs and its internal processes and procedures, whereas, resilience, literally, focuses on the organisation’s internal and external environment to respond and adapt to
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