A-Z Popular Blog Risk Search »
Risk
 
Related Guides
Business Risks
Risk
Risk Analysis
Risks
Dread Risk
Secondary Risk
Passive Risk
top   »  risk   »  risk management   »  acceptable risk   »  cascading failure vs resilience

Cascading Failure vs Resilience

 , updated on
A cascading failure is a failure that starts small but becomes large as it spreads across a system as a chain reaction of interconnected parts. They occur in complex systems such as economies, markets, technologies, infrastructure and ecosystems. Cascading failures are considered a particularly difficult to predict and damaging class of risk. In theory, the failure of a single company can bring down the entire global economy or loss of a single species can cause an ecosystem to collapse.
Resilience is a common term for strategies that seek to prevent cascading failures. The following are a few examples of resilience:
Avoidance of monopolies and single points of failure in markets such as large banks that are "too big to fail."
-----
Cities that are resource efficient that produce some of their own food and energy may be more resilient to global supply chain shocks.
-----
Infrastructure with backups and failovers designed to prevent single points of failure.
-----
A healthy environment may withstand an unexpected environmental disaster whereas an environment already on the brink may not.
-----
Designs such as amphibious houses that float off of their foundations like a boat in the event of a flood. Typically for houses located near the floodplain of flood-prone rivers.
-----
A house that produces most of its own energy is generally more resilient to power outages.
Cascading Failure vs Resilience
Cascading Failure
Resilience
Definition
A small failure that becomes a large failure as it spreads across a system of interconnected parts.
A class of strategies that reduce the probability or impact of cascading failures.

Risks

This is the complete list of articles we have written about risks.
Accept
AI Risk
Risk Avoidance
Bankability
Brand Risk
Budget Risk
Business Risks
Change Risk
Competition
Compliance Risk
Concentration Risk
Cost Risk
Country Risk
Credit Risk
Demand Risk
Dread Risk
Economic Risk
Exchange Rates
Existential Risk
External Risk
Financial Risk
Force Majeure
Good Risk
Hazards
Human Error
Risk Identification
Infinite Risk
Inflation Risk
Inherent Risk
Innovation
Interest Rates
Internal Risks
Investing Risk
Legal Risk
Liquidity Risk
Model Risk
Moment Of Risk
Natural Disasters
Negative Risk
Operations Risk
Passive Risk
Personal Risk
Political Risk
Process Risk
Procurement Risk
Product Risk
Project Risk
Pure Risk
Quality Risk
Recession Risk
Risk Mitigation
Refinancing Risk
Regulatory Risk
Reputational Risk
Residual Risk
Resource Risk
Revenue Risk
Risk Appetite
Risk Aversion
Risk Examples
Risk Management
Risk Management Process
Risk Matrix
Risk Meaning
Risk Measurement
Risk Taking
Risk Tolerance
Risk Triggers
Risk vs Issue
Risk vs Opportunity
Risk vs Uncertainty
Risk-Reward Ratio
Seasonal Risk
Secondary Risk
Security Risk
Settlement Risk
Risk Sharing
Speculative Risk
Strategic Risk
Strategy Risk
Supply Risk
Systemic Risk
Tactical Risk
Taxation Risk
Technology Risk
Risk Transfer
Uncertainty
Unforced Error
Unknowns
Upside Risk
Weather
If you enjoyed this page, please consider bookmarking Simplicable.
 
Cite »

Business Risks

A list of common business risks.

Risk Treatment

The five things that can be done about risk.

Risk Management Effectiveness

A metric for measuring risk management.

Positive Risk

The potential that you'll achieve too much of a good thing.

Dread Risk

Any risk that people have a strong aversion too.

Risk Taking

The definition of risk taking with examples.

Risk Examples

A list of risk examples by type.

Risk Probability vs Risk Impact

The two main factors in modeling a risk.

Calculated Risk

A definition of calculated risk with an example.

Relative Risk

How to calculate relative risk with examples.

Resilient Cities

An overview of resilient cities.

Linear Park

The common types of linear park.

Blue Roof

The common types of blue roof.

Urban Agriculture

The common types of urban agriculture.

Stoicism

The definition of stoicism with examples.

Co2 Emissions

Nations ranked by total CO2 emissions

City Issues

A list of common city issues.

Community Problems

A list of common community problems.

Environmental Problems

A list of common environmental problems.

Public Property

An overview of public property with examples.

Trending

The most popular articles on Simplicable in the past day.

New Articles

Recent posts or updates on Simplicable.
Site Map
Accountability
Business
Business Analysis
Business Risks
Change Management
Competency Management
Compliance
Crisis Management
Economics
Failure Types
Goals
Governance
Information Technology
Knowledge Management
Management
Metrics
Objectives
Operations Management
Organizational Culture
Planning
Project Management
Quality Assurance
Risk
More ...
© 2010-2023 Simplicable. All Rights Reserved. Reproduction of materials found on this site, in any form, without explicit permission is prohibited.

View credits & copyrights or citation information for this page.

Home About     Privacy Policy     Cookies Terms of Use     Contact Us Search


Cookies help us deliver our services. You have choices regarding these cookies. Please visit our privacy policy, cookie policy and consent tool to learn more.


Copyright 2002-2024 Simplicable. All rights reserved. This material may not be published, broadcast, rewritten, redistributed or translated. Report violations here.