What Does ORM Stand For?
ORM stands for Operational Risk Management
Operational Risk Management (ORM) refers to the systematic approach to identifying, assessing, and mitigating risks that could adversely affect an organization's operations. This includes risks stemming from internal processes, systems, people, and external events. ORM aims to enhance decision-making, improve efficiency, and ensure compliance with regulatory requirements by implementing strategies that minimize potential operational disruptions and losses. Through continuous monitoring and adjustment, ORM helps organizations achieve their objectives while maintaining a resilient operational framework.
Added on 27th September 2008 | Last edited on 16th June 2025 | Edit Acronym