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In-Depth Guide to Effective Operational Risk Management

Sweet Process

Featured Bonus Content: Download the FREE Powerful Operational Risk Management Checklist! Imagine you’re an operational risk manager. You face the tough task of assuring your boss that all operational risks are well managed. Lacking an effective ORM (or operational risk […].

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What Space Exploration and Health Care Can Teach You About Navigating Uncertainty

Harvard Business Review

From the takeoff and landing of a space shuttle to managing uncontrollable bleeding in the operating room, there are vital lessons to be learned from these industries and adapted into others. Start by proactively envisioning worst-case scenarios through brainstorming sessions, scenario planning, and risk assessments.

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How Tech Is Tied To Operational Risk

Chief Executive

By that point, after a disastrous two weeks of delayed and canceled flights, Jordan grasped that at risk was more than near term-revenue. The last thing any executive wants is a catastrophic operational failure during a peak season. 19-28 , far exceeding any other airlines’ operational impacts.

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How to Leverage AI for Smarter Decision Making as a Leader

Lolly Daskal

Whether it’s data entry, scheduling, or email management, AI can streamline your workflow. These systems can analyze your decision-making patterns, provide alternative options, and highlight potential risks. Enhancing Risk Management: AI can assess risks more accurately and in real-time.

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How to Ensure Your Organization’s Digital Transformation Succeeds

Michael McKinney

I N THE AGE of digitization, businesses face a critical imperative: to adapt and embrace innovation or risk being left behind in a rapidly evolving world. To illustrate the potential impacts, in 2007, Nokia had a little over half the mobile phone market with an operating profit of about $7.8 This raises some pertinent questions.

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A Growing Threat: Companies Are Caught In The Crosshairs Of Populism

Chief Executive

Increasingly, civil-led protests and actions are disrupting business operations. If leaders don’t give them as much attention as economic risks such as higher inflation and rising interest rates, it could set their companies back just as much, if not more. It is those groups that create the risk for business, and for us all in society.

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HR Risk Management: A Practitioner’s Guide

AIHR

Navigating the world of work is becoming increasingly challenging, and there are many HR risks that organizations need to handle to stay compliant and thrive. Let’s dive into all you need to know about HR risk management. Contents What is HR risk management? What are the key HR risk areas?