Achieve operational excellence and continuity with a standardized operational risk management program.
Unlike other types of risk, operational risk is not something that is willingly incurred or revenue- driven. In addition, a focus on personal safety is not enough to mitigate operational risk. For example, incidents due to machinery injury, corrosion, metal fatigue, or fires, have demonstrated the necessity of concentrating on process safety. Indeed, companies can improve operational risk management by employing the right skillset to establish and enforce appropriate risk management processes and strategies.
6 Steps To Operational Risk Management