Operational risk management effectiveness

Applied Ergonomics Significance and Opportunity This is the only chapter that addresses one specific technical and managerial element among the many such elements included in an effective operational risk management system. 

This chapter makes the case that having an effective Management of Change/Prejob Planning System in place as an element within an Operational Risk Management System will reduce the potential for serious injuries. In this chapter ... 

Types of organizational and personnel changes that can have a negative effect on operations risk management, as listed in the previously cited publication, follow ... 

This implies that the critical processes can be identified and that statistical indicators for breakthrough performance can be developed. This idea—focusing on the processes that are most critical with respect to hazards and the risks that derive from them— would enhance the effectiveness of an operational risk management system. 

In Chapter 25, Measurement of Safety Performance, it is said that precise and certain measures of safety, health, and environmental performance are difficult to obtain. Nevertheless, audits can be highly effective measures of the quality of operational risk management in place if they are well conceived and well done. It is suggested that the observation made by Kase and Wiese (1990) concerning the purpose of a safety audit be kept in mind ... 

In assessing the effectiveness of a safety and health program that is not in written form, auditors should follow the operational risk management system against which it was agreed that the audit would be made. 

Risk management is very important if appropriate resources are to be deployed in a timely fashion to mitigate or reduce the potential effect of identified risks. It is recommended that a risk map be produced showing where computer systems are used to support the various process streams of operational activity. 

Fleet operators in the commercial world and emergency response personnel in the civil sector, who face hazardous risks not unlike the chemical and biological threat to naval forces, have developed and implemented an effective risk management capability, which can also serve as a useful qualitative, if not quantitative, model.30... 

An independent and objective activity designed to add value and improve an organization s operations by helping an organization to accomplish its objectives by using a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes. 

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