The business case for operational risk management
GETTING MANAGEMENT’S ATTENTION
If you want to make the case for operational risk to senior management, you need to get their attention. That means talking to their agenda, in other words understanding and addressing their needs. Good operational risk management is fundamentally about informed decision making. If your decision making is better informed, your decisions are very likely to be better. Some of the fundamental elements of informed decision making with respect to operational risk management ...