Controversy Surrounds Lack of Accountability in Operation Risk Management | |
According to a new analysis by Corporate Compliance Insights, many companies are failing to put these essential ORM components into practice, which leads to a lack of accountability for operational risk decisions and results. In the research survey, there are five typical risk management mistakes that can have major repercussions, including reputational harm, regulatory penalties, legal liability, or economic disruption. Among these shortcomings is the board’s insufficient oversight of risk. It is not the responsibility of operating unit leaders or process owners to manage the risks that their actions generate. There is no separate function in existence that oversees risk management. The corporate strategy and objectives and the risk management function are not compatible. For more details please visit our website - https://www.secuzine.com/controversy-surrounds-lack-of-accountability-in-operation-risk-management/ ![]() | |
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Target State: Texas Target City : Austin Last Update : Oct 07, 2025 5:57 AM Number of Views: 17 | Item Owner : secuzine Contact Email: (None) Contact Phone: (None) |
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