Jan 2020


Grey Papers

Building an Effective Operational Risk Management Process

Operational Excellence

Author:  James Michael McCandless, Managing Director

Many companies focus their risk management efforts on Process Hazard Analyses and Mechanical Integrity.  While these measures are necessary and extremely important, companies must institute additional measures to fully engage the workforce in identifying, analyzing, prioritizing, and mitigating all risks, including “soft” risks, to have a truly effective operational risk management process.


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