Identifying and assessing operational risk lets you make changes in your company to secure operations and reduce risk of business failure. Operational risk is the total of risks you run when operating ...

Measuring risk is an important managerial task that affects the continued well-being of businesses. One method for monitoring risk is the balanced scorecard approach, which contains performance ...

It’s no secret that healthcare systems exist at the intersection of financial risk and operational risk. Amid the market volatility of our current socioeconomic environment, the pressure is on ...

Companies that want to achieve a sustainable and profitable business need to focus on three dimensions of their operations, generally speaking. First is value protection, a foundational concern that ...

Operational Risk e-learning programme is designed for both aspiring and active risk professionals, VPs, MDs, heads of departments, CFOs, CROs, analysts, operational and risk management staff within ...

In a previous post, we suggested that to grow financially sustainable enterprises (social or otherwise) it’s important to build off of the demand for “choice”—not just the “needs”—of an underserved ...

Today, the landscape of operational risk is being reshaped by cyber threats, third-party dependencies, artificial intelligence adoption and regulatory scrutiny. With operational resilience under the ...

Of all the financial buzzwords on Wall Street, "risk" and "operations" are in the forefront these days. With new position limits, rules and regulations rolling out as fast as firms make headlines for ...

Institute of Operational Risk publishes risk control self-assessment guide The Institute of Operational Risk (IOR) has published the second sound practice guidance paper in its new series on the topic ...

What is supply chain risk? Understanding supply chain risk is fundamental in being able to effectively manage operational risk. Two of the most significant threats operational leaders face are cyber ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...