[Python-modules-team] Operational Risk Management Standard Requirements - From $249 For $99 - TODAY ONLY

Thu, 01 Mar 2018 18:17:04 -0800

Title: Operational Risk Management Standard Requirements
 


 
 

Operational Risk Management Standard Requirements

7 Sample Requirements:

  1. Nearly all managers believe that their risks are the most important in the enterprise (or at least they say so) but whose risks really matter most?
     
  2. Have senior managers been apprised of Risk Management and control deficiencies affecting their units (e.g., circumstances where assets with a specified monetary value are not adequately protected, where the competence of employees is lacking, or where important financial reconciliations are not performed correctly)?
     
  3. Not all cyber-connected assets are essential to protect at all cost. Some assets, however, are 'crown jewels' – worth protecting at all costs. Other assets may be more like 'paperclips' where the expense of protection exceeds the benefit. How do you tell the difference?
     
  4. Does the information infrastructure convert raw data into more meaningful, relevant information to create knowledgeable and wise decisions that assists personnel in carrying out their enterprise Risk Management and other responsibilities?
     
  5. How do we revise the risk appetite statement so that we can link it to risk culture, roll it out effectively to the business units and bring it to life for them. How do we make it meaningful in connecting it with what they do day-to-day?
     
  6. When a risk is retired, do we review the history of the risk to record any lessons learned regarding the Risk Management processes used. is the team essentially asking itself: what, if anything, would we have done differently and why?
     
  7. Does your organization perform vulnerability assessment activities as part of the acquisition cycle for products in each of the following areas: Cybersecurity, SCADA, smart grid, internet connectivity, and website hosting?



 

WHY OWN THE OPERATIONAL RISK MANAGEMENT SELF-ASSESSMENT?

The Operational Risk Management Self-Assessment will make you a Operational Risk Management expert by:  

  • Reducing the effort in the Operational Risk Management work to be done to get problems solved
     
  • Ensuring that plans of action include every Operational Risk Management task and that every Operational Risk Management outcome is in place
     
  • Saving time investigating strategic and tactical options and ensuring Operational Risk Management opportunity costs are low
     
  • Delivering tailored Operational Risk Management advise instantly with structured going-forward plans
 


SET NEW OPERATIONAL RISK MANAGEMENT STANDARDS OF EXCELLENCE

The Operational Risk Management Self-Assessment helps our clients create such high levels of Operational Risk Management value that they set new standards of excellence.

  • Ensures you don't miss anything: 835 criteria in 7 RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain) steps with easy and quick navigating and answering for 1 or up to 10 participants
     
  • Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
     
  • Gives you a professional Dashboard to guide and perform a thorough Operational Risk Management Self-Assessment
     
  • Is secure: Ensures offline data protection of your Self-Assessment results
     
  • Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next

 

 

COST/BENEFIT ANALYSIS; OPERATIONAL RISK MANAGEMENT
SELF-ASSESSMENT JUSTIFICATION AND APPROVAL TOOLS:
 

Purchasing a The Art of Service Self Assessment will spur new ideas, fast track project strategy and advance your professional skills. We’ve developed a set of criteria that will aid in gaining approval and give you the ability to validate and review your Self-Assessment investment:
 

  • Excluding hired consultants and advisors from top management consulting firms, internal Operational Risk Management Self-Assessment work is typically undertaken by senior level positions with titles such as Enterprise Architect, Business Process Architects, Business Process Re-engineering Specialists and Business Architects.
     
    • Statistics according to Glassdoor and Indeed tell these positions receive an average basic pay of $125,000. Daily rates of basic pay are computed by dividing an employee's annual pay by 260 days. The daily salary is then derived by dividing the annual salary of $125,000 by 260 days = a daily rate of $480.
       
  • Top management consulting firms start at $2,000 a day, with rates typically charged up to 40 hours per week.

 

For a fraction of this the Self-Assessment will make you
a Operational Risk Management domain authority.





 

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The U.S. Department of Commerce, National Institute of Standards and Technology (NIST) has included The Art of Service's Cyber Security Self Assessment on their Framework Industry Resources list since The Art of Service's Self Assessment is deemed qualified, accurate and comprehensive as a Guidance that Incorporates the Framework:  https://www.nist.gov/cyberframework/industry-resources

 

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