How can you tailor your business resilience assessment to your industry and business model?

1 Understand your industry

The first step is to understand the characteristics and trends of your industry, such as its size, growth, competition, regulation, innovation, and customer demand. This will help you identify the external factors that may affect your business resilience, such as industry-specific threats, opportunities, best practices, and benchmarks. You can use tools such as SWOT analysis, PESTLE analysis, Porter's five forces analysis, or industry reports to gain insights into your industry environment.

2 Analyze your business model

The next step is to analyze your business model, which is the way you create, deliver, and capture value for your customers. This will help you identify the internal factors that may affect your business resilience, such as your value proposition, revenue streams, cost structure, key resources, key activities, key partnerships, and customer segments. You can use tools such as the business model canvas, the lean canvas, or the value proposition canvas to map out your business model and evaluate its strengths and weaknesses.

6 Learn and improve

The sixth step is to learn and improve, which is the process of collecting and analyzing feedback and data from your actions and progress. This will help you identify and implement lessons learned and best practices and foster a culture of continuous improvement and innovation. You can use tools such as the after-action review, the plan-do-check-act cycle, or the feedback loop to learn and improve your business resilience.

7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?