Operational Risk and Resilience

Risk maps/process ows

A risk map is an overview of an organization’s processes, busi-

ness units and functions, outlining where key risks lie. As they

are intended as a comprehensive bottom-up tool, they are an

effective way to allocate responsibility and accountability for

risks down to the level of individual line managers. In addi-

tion, they are useful for defining weak points in the chain of

where risk should be managed. However, a potential draw-

back is that, like self-assessments, the data collected is mainly

qualitative and may not be in a form conducive to decision

support for senior managers.

Risk indicators

Unlike the previous two tools, risk ...