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Understanding Operational Risk and Compliance

Operational risk is the potential for losses due to faulty or failed processes, policies, systems, or events that disrupt ...

What are the 3 pillars of operational risk?

Comprehensive operational risk management will generally involve all three pillars. Pillar 2 was added because of the...

Can data improve your organization's operations?

There's no denying the fact that data can improve an organization's operations by providing valuable information and...

The Difference Between Strategic and Operational Control

Strategic control is a management process that helps organizations monitor and adjust their overall strategy to ensure...

What is the career path for an operations manager?

Once a person becomes an operations manager, they can make several professional changes. They can continue to be senior...

How Can Operation Management Reduce Risk?

Operational risk management is a process of identifying, evaluating, measuring, mitigating, and monitoring risks to...

Maximizing Resources with Operations Management Best Practices

Operations management (OM) is the administration of business practices to create the highest possible level of efficiency ...

Unlock the Benefits of Using Operational Metrics

Operational metrics are a powerful tool for businesses to assess their performance and pinpoint areas of improvement....