Business continuity and operational resilience: What's the difference?

The scenario faced by businesses and global financial markets in the past two years was far from rosy. Organizations implemented continuity measures that were understandably not clear-cut to withstand the extraordinary disruptions posed by the Covid-19 pandemic. We have since learned so much and realized that there is still plenty to be done to prepare for disturbances of a similar magnitude.

The terms business continuity and operational resilience became buzzwords overnight when lockdowns and remote work began to be implemented. We hear these terms often today but it can be difficult to point the difference between these concepts and much harder to say what strategies they cover.