Which of the following actions is considered a proactive measure in ORM?

Identifying risks before they escalate is a proactive measure in Operational Risk Management (ORM) because it involves assessing potential hazards and vulnerabilities before they lead to actual incidents or accidents. This approach allows individuals and organizations to implement controls or develop strategies that mitigate risks effectively, enhancing safety and efficiency.

Proactive measures aim to prevent negative outcomes rather than responding to them after they occur. By focusing on identifying and addressing risks early, teams can create a more safety-conscious environment that prioritizes preventative actions over reactive ones. This is essential in ORM, as the primary goal is to minimize risk exposure and ensure operational effectiveness.

In contrast, waiting for incidents to occur, ignoring minor hazards, or only reacting to previous incidents are all reactive approaches that can lead to a higher probability of accidents and failure in safety measures. These methods do not align with the principles of effective risk management, which emphasizes the importance of foresight and preparation to protect personnel and assets.