1 What Section Of Your Organization

Topics: Management, Risk management, Operational risk Pages: 7 (707 words) Published: January 13, 2015
1. What section of your organization do you belong?
What section of your organization do you belong? Operations
Human Resources
Logistics/Sales/Supply Chain
Finance
Top Management
Other (please specify)

2. What sector of industry does your company belong?
What sector of industry does your company belong? Food/Beverages/Agriculture/Drugs Textiles, Garments and Accessories
Wood/ Paper/Furniture/Glass/Plastics
Chemical/Process/Mining/Oil and Gas
Metals/Machines/Automotive/Equipments
Electronics/Phones/Computers
Other (please specify)

3. What is the size of your organization?
What is the size of your organization? 0-9 Employees
10-49 Employees
50-249 Employees
Above 250 Employees

4. Do you think your organization has a risk management strategy? Do you think your organization has a risk management strategy? Yes No

5. Does your company have a chief risk officer?
Does your company have a chief risk officer? Yes, someone has the title Yes, a senior executive performs the role but not officially titled No
I do not know

6. Does your organization use any UK or International Standards for management of its Operational Risks?
Does your organization use any UK or International Standards for management of its Operational Risks? Yes
No
I do not know

7. How many risk management standards or policies does your
organization implement?
How many risk management standards or policies does your organization implement? One Multiple
None
I do not know

8. Do you think Operational Risk Management (ORM) is seen as an essential tool for competitive advantage in your organization? Do you think Operational Risk Management (ORM) is seen as an essential tool for Competitive advantage in your organization? Strongly No

No
I think So
Yes
Strongly Yes

9. My organization has a well-defined and documented ORM policy. My organization has a well-defined and documented ORM policy. Strongly No No
I think so
Yes
Strongly Yes

10. Operational Risk Management (ORM) strategies is integrated with the organization’s overall business strategy.
Operational Risk Management (ORM) strategies is integrated with the organization’s Overall business strategy. Strongly Disagree
Disagree
I think so
Agree
Strongly Agree

11. Do you think that ORM will help your organization in mitigating losses and optimizing business opportunities for better profits? Do you think that ORM will help your organization in mitigating losses and optimizing Business opportunities for better profits? Strongly No

No
I think so
Yes
Strongly Yes

12. Currently, does ORM help your organization to minimize losses and optimize business opportunities?
Currently, does ORM help your organization to minimize losses and optimize Business opportunities? Strongly No
No
I think so
Yes
Strongly Yes

13. Top management are committed to effective ORM implementation in the organization
Top management are committed to effective ORM implementation in the organization Strongly No
No
I think so
Yes
Strongly Yes

14. How well is ORM embedded in the operational factors listed below in your organization. Hint :Score 1-Least Grade, 5-Highest Grade. 1
Supply Chain
management
Occupational
Health/Safety
Quality and
Process Control
Inventory
management
Operations
Planning and
Capacity
Management.
Human
Resources
Management
Information
Technology

2

3

4

5

15. Which area presents the most difficult risk challenge for Operations Management in your organization? 1=Least; 5= Highest
1

2

3

4

Supply Chain management
Occupational Health/Safety
Quality and Process Control
Inventory management
Operations Planning and Capacity
Management.
Human Resources Management
Information Technology

16. In your own opinion, which among these standards or frameworks do you think has the best approach to risk management in operations? (You can tick more than one option)
In your own opinion, which among these standards...
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