Premium
HOW RESILIENCE ENGINEERING MAINTAINS SUSTAINABLE VALUE
Author(s) -
Jackson Scott
Publication year - 2016
Publication title -
insight
Language(s) - English
Resource type - Journals
eISSN - 2156-4868
pISSN - 2156-485X
DOI - 10.1002/inst.12083
Subject(s) - resilience (materials science) , value (mathematics) , stakeholder , sustainable development , risk analysis (engineering) , face (sociological concept) , triple bottom line , sustainable value , terrorism , business , computer science , environmental resource management , computer security , sustainability , engineering , economics , political science , sociology , management , ecology , law , social science , physics , machine learning , biology , thermodynamics
The purpose of this essay is to show that the concept of the resilience of an engineered system is in agreement with the concept of sustainable value. The INCOSE Resilient Systems website (INCOSE 2015) defines the resilience of an engineered system as “the ability to provide required capability in the face of adversity. Similarly sustainable value has its roots in economics. According to (Hart and Milstein 2003), a sustainable enterprise “is one that contributes to sustainable development by delivering simultaneously economic, social, and environmental benefits — the so‐called triple bottom line.” So to the extent that capability is aligned with stakeholder value, resilience supports the goal of sustainable value. Capability may be some degree of system performance or simply sustaining human life following an encounter with a threat. Adversity can be external or internal threats. External threats can be natural, such as earthquakes, or human‐made such as terrorist attacks. Internal threats may be human error or software faults.