Operational Risk

Exposure to operational risk is inherent in running a business and of course, much of what falls into a strictly operational risk context is also covered by other risk domains.

However, the key issue remains that both operational risks and the controls that prevent them belong to the realm of low frequency, potentially high severity impacts that no one wants or can afford.

Why not manage all your risks in one place with one process?

VelocityEHS-MeercatRiskView-Mobile-Devices-Small

To Succeed:

Common systems improve operational efficiency and reduce risk.

Incremental improvements in accountability, ownership, transparency and devolving of responsibilities can deliver significant efficiencies in operational risk management and review.

Access to real-time operational data can make best-practice identification faster and the target improvement candidates easier to find.

What Good Looks Like:

Business improvement initiatives are being driven off the back of operational risk management activities.

C-Suite visibility of operational risk control effectiveness increases more informed discussions and better-managed risk-taking.

Applying integrated tools and processes into your business will lead to improved product reliability, quality, and financial benefit.

Centralised operational risk management delivers support for processes that are more complex to manage, advanced technologically and distributed geographically.

Operational risk management is an active function, helping to integrate business processes, eliminating duplication and inefficiency and using a simple set of metrics, helping people to better understand value realisation.

Call Us Now: +61 1800 568 974. One of our experts will help you create a solution to meet your EHS and compliance needs.

Call Us Now: +61 1800 568 974. One of our experts will help you create a solution to meet your EHS and compliance needs.