This Instant-Access Self-Assessment Excel Dashboard and accompanying eBook is for managers, advisors, consultants, specialists, professionals and anyone interested in Operational Risk Management assessment.

'The Art of Service was very helpful in guiding us through the self assessment process. We are now deploying audit dashboards to our management team on a regular basis with very positive feedback.' - Internal Audit Manager' - Data Analytics in the Miscellaneous Industry

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'The Art of Service's self-assessment has worked great for us. Ease of use and end user adaptability have been the key success factors.' - BI Practice Leader in the Government Industry

What Is The Operational Risk Management Self-Assessment?

The Operational Risk Management Self-Assessment's Purpose is:

• To help our clients to reduce their effort in the Operational Risk Management work they do to get their problem solved
• To help our clients in ensuring that their plans of action include every Operational Risk Management task and that every Operational Risk Management outcome is in place
• To help our clients not having to spend time investigating strategic and tactical options, therefore saving time and ensuring Operational Risk Management opportunity costs are low
• To help our clients channel implementation direction instantly to deliver tailored Operational Risk Management advise with structured going-forward plans

All the tools you need to an in-depth Operational Risk Management Self-Assessment. Featuring 616 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Operational Risk Management improvements can be made.

What You Get:

The Operational Risk Management Complete Self-Assessment Excel Dashboard

• Ensures you don't miss anything: 616 questions 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
• Dynamically generated projects-ready RACI Matrix shows your organization exactly what to do next
• Is secure: Ensures offline data protection of your Self-Assessment results
  

The Operational Risk Management Complete Self Assessment eBook version of the book in print

• Provides a convenient way to distribute and share among the participants to prepare and discuss the Self-Assessment

In using the Self-Assessment you will be better able to:

• Diagnose Operational Risk Management projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices
• Implement evidence-based best practice strategies aligned with overall goals
• Integrate recent advances in Operational Risk Management and process design strategies into practice according to best practice guidelines

Assess and define Operational Risk Management with this Operational Risk Management Self Assessment. Sample questions from the Complete, 616 Questions, Self-Assessment:

• Recognize Question: Who will be responsible for making the decisions to include or exclude requested changes once Operational Risk Management is underway?
• Define Question: Does Operational Risk Management appropriately measure and monitor risk?
• Measure Question: What are the business objectives to be achieved with Operational Risk Management?
• Analyze Question: Does Operational Risk Management appropriately measure and monitor risk?
• Improve Question: What are the top 3 things at the forefront of our Operational Risk Management agendas for the next 3 years?
• Control Question: What tools do you use once you have decided on a Operational Risk Management strategy and more importantly how do you choose?
• Sustain Question: What would be the goal or target for a Operational Risk Management's improvement team?

Value [to you] of the Operational Risk Management Self-Assessment

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 the price of a fraction of this you can get complete peace of mind. Now.

Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role… In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

For more than twenty years, The Art of Service's Self-Assessments empower people who can do just that - whether their title is marketer, entrepreneur, manager, salesperson, consultant, business process manager, executive assistant, IT Manager, CxO etc... - they are the people who rule the future. They are people who watch the process as it happens, and ask the right questions to make the process work better.

You are free to use the Self-Assessment contents in your presentations and documentation for internal end external use without asking us - we are here to help.