This white paper discusses operational risk management (ORM) in the context of "Sound Practices for the Management and Supervision of Operational Risk," a paper from the Basel Committee.

Risk management in the current post-meltdown economy is perhaps the single largest challenge organizations are facing in today?s troubled corporate climate. The events of the last few years have prompted executives to focus their operational sights on risk management and take measures to evaluate how a well-defined risk strategy can drive business performance, even in the most perilous economic environment.