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Orgnanizational skills needed and understand the risk management for overall risk identification levels

In this master course of operational risk management is understanding about a progression that managers and business analysts utilize to reduce the financial risks that daily business operations may cause. Understanding the risks that may occur during daily operations is able to help companies reduce and manage them. If you're a business professional, it's important to know about operational risk management. In this course, we explain what operation risk management is, make clear why it's important and distribute steps and instructions on how to implement operational risk management at the company for which you work.Operational risk management is a process involving risk analysis, strategy and risk control to identify and reduce risks that may occur in daily business operations. The objective of this form of management is to control and minimize operational risks which are losses due to failures in processes, systems or by employees in the business. Often operational risks cost the company money, but they can amount to other losses such as , project deadlines or clients. Using operational risk management as a tool helps increase revenue, productivity and the overall success of an organization.Why is operational risk management important?Operational risk management is extremely important to the success of a business. Having a tool or process in place to assess risks and neutralize them saves money,  and hardships for the business. Here are the benefits of operational risk management:Improves decision-making processesHelps identify unsafe conditions or practicesCreates better productsContributes to transparency between executives and employeesProvides effective financial forecasti this master corse you can learn the 5 major topics,1. Introduction of risk and operational risk management 2. Major Stages of the operational risk management process3. Risk Management Framework (RMF)4. Levels of ORM and Targeted Analytics Tools5. Major Recommendation for managing operational risk

Section 1: Master Course in Operational Risk Management (ORM) - Video Lectures

Lecture 1 Introduction of risk and operational risk management

Lecture 2 Major Stages of the operational risk management process

Lecture 3 Risk Management Framework (RMF)

Lecture 4 Levels of ORM and Targeted Analytics Tools

Lecture 5 Major Recommendation for managing operational risk

UG and PG students, Business students, Management Executives, Corporate leaders and Interested learners.

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