Hi, today you're going to learn operational risk management.
Operational Risk Management or (ORM) is an essential aspect of any organization’s strategy for minimizing unexpected disruptions.
It is a process that managers and business analysts use to reduce the financial risks that daily business operations may cause.
Unlike economic or market risks, which are often easier to quantify, operational risks cover a broad spectrum, from system failures and human errors, to natural disasters.
Operational Risk Management is the process of identifying, assessing, monitoring, and controlling risks that arise from the daily functions and operations of an organization.
Chapters In this video::::::::::::::::::::::::::::::
0:00 Intro
0:44 What is ORM
1:20 Types of ORM
2:35 Why is ORM important?
5:34 How to implement ORM?
8:31 Conclusion
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