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Operational Risk Management
The Intelex suite of operational risk management software tools helps you digitally transform how you manage and navigate your operational risks to gain risk visibility across the full scope of your organization's operations and drive continuous improvement.
- Centralize and streamline your operational risk management program
- Identify and manage operational risks across all operations
- Integrate operational risk management into all key organizational processes
- Make fast, informed decisions to prevent and mitigate risks
Operational Risk Management Solution
Drives Company-Wide Improvement
Adopt a operational risk management framework that identifies, assesses, mitigates
and monitors risk of all types, complexities and severity levels.
Manage any and all operations risks, including tactical job safety risks, broad operational risks, environmental risks, industrial hygiene-related stressor risks, EHS compliance risks and more.
Ensure that operational risk levels are understood and acceptable to prevent incidents that could result in downtime and its associated lost revenue.
Offer visibility into daily workplace conditions to provide a real-time look at safety and risk levels for employees using visuzlization tools, workflows and bulletins.
Use the broad range of default content or customize your own hazard types, such as controls and locations, so that the risk management framework matches your reality.
Reduce Uncertainty and Always Be Risk-Aware
The risks organizations face today have changed as have regulatory reporting requirements for risk disclosures. Intelex's Operational
Risk Management software helps you make the move from reactive to proactive to resilient in your risk maturity methodology.
Centralize Operational Risk Management
Click into an identified risk to see details such as associated activity, owner, location, related operational risks, current controls, past assessments, CAPAs (closed and outstanding), relevant documents and workflow notes.
Link to Bulletins
Bulletins are simple educational messages that allow the creator to see if they have been acknowledged post distribution. Access relevant bulletins directly from the ORM application to ensure employees understand how to handle the most serious risks.
Manage Risks Over Time
Schedule recurring risk assessments to ensure that operational changes whether they are to new employees, altered processes or new equipment have not increased risk levels. If the risk has changed, use Intelex Operational Risk Management to implement controls and get risk back to a tolerable level.
All Risks in One Place
Risk assessments are a key element of multiple Intelex applications. With Intelex Risk Management solution softwares, aggregate all that infromation into one location to establish an integrated risk management approach.
Additional Solutions Supporting
EHS Operational Risk Management
Whether its managing worker health and safety or managing environmental risks effectively,
Intelex operational risk management software solutions help you achieve success every step of the way.
Reduce the administrative burden of compliance and EHS program management.
Replace existing copy with: Improve your EHS risk management programs using leading and lagging indicators.
Replace existing copy with: Implement tactical and strategic action while sharing knowledge and best practices for continuous improvement that drive company culture and productivity.
Your Frequently Asked Questions. Answered.
EHS Operational Risk Management (ORM) is the practice of identifying and assessing environmental and safety-related risks and implementing programs to manage those risks to acceptable levels. ORM is critical for any organization striving for operational excellence.
Proactive risk mitigation and developing leading indicators to manage the environment, health, and safety (EHS) performance are good examples of use cases that capitalize on the confluence of EHS-focused software platforms (IT), Industrial Internet of Things (IIoT), and data analytics (BI/Big Data). Data sets from various leading indicators can be collected and analyzed using advanced analytics tools embedded within EHS software programs to identify emergent risks and risk patterns. This information can then be used to control risk, which leads to predictive and prescriptive risk management and performance improvement.
Intelex's EHS risk management software applications broadly enable the following primary use cases as they relate to operational risk management:
1. Incidents/Events [Incident Management Software]
2. Risk Mitigation [Corrective and Preventative Action (CAPA) Software, Safety Observations Management Software, Near Miss Reporting Software, Enterprise Risk Register Software, Industrial Hygiene Software, Occupational Health and Safety Software]
3. Risk Assessment [Inspection Management Software, Job Safety Analysis(JSA) Software, Audit Management Software]
This comprehensive toolset allows EHS practioners and decision makers to drive operational risk management programs with clarity and confidence while monitoring outcomes on an ongoing basis.
Within the practice of EHS, organizations generally come up against four categories of operational risk: people risks, process risks, incident/events risks, and regulatory compliance risks. Using manual or paper based methods or legacy technology can seriously limit the ability to have a holistic view of operational risks organizations face. Making the move to an advanced EHS operational risk management software stack can help them uncover several types of risks, create action plans and ensure continuity of business operations.
Expand your Operational Risk Management
Knowledge with These Featured Resources
INSIGHT REPORT
ISO 9001:2015 gives special attention to risk-based thinking for your quality management system. This Insight Report shows you the best way to establish, asses and treat risk …
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Management of change (MOC) is designed to ensure worker and workplace safety, create resilient business processes, and drive continuous improvement by not allowing change to disrupt business operations…
