What is operational risk management (ORM)?

Operational risk management (ORM), along with enterprise risk management (ERM), is defined as the discipline of driving down the cost and frequency of losses resulting from inadequate or failed internal processes and failure to comply to internal or external regulations by people, technology, or from external events. While the discipline has been at the forefront of highly regulated industries for years, the increase in regulatory measures such as the Health Insurance Portability and Accountability Act (HIPAA), the Occupational Safety and Health Act (OSHA), 404C, 404A, REG AB, the Gramm-Leach-Biley Act, Basel II and the Sarbanes-Oxley Act of 2002, have required organizations to take a broader, more disciplined approach to operational risk management. For many organizations, operational risk management has been addressed through specialized departmental initiatives.

Finance, risk management, internal audit, IT, and human resources departments have each approached their ... more.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.