How can employee involvement be integrated into ORM?

Integrating employee involvement into Operational Risk Management (ORM) is best achieved by encouraging feedback and participation in safety initiatives. This approach fosters a culture of safety where all employees feel empowered to voice their concerns and contribute to the identification and mitigation of risks. When employees engage in the ORM process, they can share valuable frontline insights and experiences that management may not be aware of. This collaboration can lead to more comprehensive risk assessments and the implementation of effective safety measures.

Encouraging participation also helps to develop a sense of ownership among employees regarding safety practices, which can enhance compliance and promote a proactive approach to risk management. By having employees involved in safety initiatives, organizations can ensure that the strategies and policies developed are practical, relevant, and effective in minimizing risks.