White Paper: Managing Operational Risks - 5 Best Practices to Follow

• By: ComplianceOnline
• Date: July 08, 2014

The uncertain environment in which businesses operate today - constantly changing regulations,expanding global footprints, volatile market conditions, unpredictable socio-economic upheavals as well as natural disasters - has made it increasingly necessary for organizations to ensure they have a robust and effective system to manage operational risks. These risks cannot be discounted by the modern, international organization - the cost of ignoring them can be catastrophic in terms of reputational and financial damage. This white paper details five best practices that organizations can adopt in order to manage operational risks more effectively.

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