Decision Sciences
8 years ago

Revolutionize Operational Risk Management for Increased Efficiency and Security!

Operational Risk Management
Robert J. Chapman

Paper Summary

Related papers

Economics, Econometrics and Finance
3 years ago

Internal processes identified as major driver of operational risks in Nigerian banks.

Insurance Dynamics
Risk Management
Banking Finance
Business, Management and Accounting
8 years ago

Chinese Banks Face Operational Risks: Urgent Need for Improved Management

Risk Management
Theme background image
Engineering
8 years ago

New method revolutionizes enterprise performance evaluation by adjusting for total risk.

Safety Assessment

The article discusses operational risk management, which involves identifying and addressing potential risks in business operations. It covers the definition and scope of operational risk, the benefits of managing it, and strategies for implementation. The key areas of focus include people, processes, systems, external events, and outsourcing. The article also emphasizes the importance of measuring and mitigating operational risks to ensure business success.