Benefits of ORM
- Reduction of operational loss.
- Lower compliance/auditing costs.
- Early detection of unlawful activities.
- Reduced exposure to future risks.
Read more about this topic: Operational Risk Management
Famous quotes containing the words benefits of and/or benefits:
“In America the young are always ready to give to those who are older than themselves the full benefits of their inexperience.”
—Oscar Wilde (18541900)
“It is with benefits as with injuries in this respect, that we do not so much weigh the accidental good or evil they do us, as that which they were designed to do us.That is, we consider no part of them so much as their intention.”
—Laurence Sterne (17131768)
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