Leadership responsibility #3 -Operational risk management
Operations risks are potential risks from breakdowns in routine operational processes, people and systems that are controllable and can be avoided.
To be competent goal executors, Leader should consider gaining better understanding of their internal operational risk profiles. Effective management of operational risks will aid better decision making and encourage more informed risk taking.
Leaders should build their own internal risk culture where operational risks are openly discussed and individuals in the team are encouraged to identify, evaluate and address their operational risks.
Our effort is to assist Leaders in identifying top 5 operational risks namely People, cultural, collaboration, customer and technology risks.
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Leadership responsibility #3 - Operational risk management (344 downloads)