Designing an Effective Operational Risk Management (ORM) Framework: An In-Depth Guide
Operational Risk Management (ORM) is a crucial aspect of contemporary business strategy, pivotal in safeguarding an organization against potential losses due to internal or external events. Its significance is underscored across various industries, including finance, healthcare, manufacturing, and government agencies. This article delves into the intricacies of designing an ORM framework, covering its alignment with...