Pursue the Common Ground in Effective Operational Risk Management and Operational Excellence
Companies that want to achieve a sustainable and profitable business need to focus on three dimensions of their operations. First is value protection, a foundational concern that relates to protecting the people and assets of a company. Second is value extraction, which focuses on operating assets most efficiently to generate improved returns on investment. Finally, value creation relates to improving a company’s corporate sustainability with respect to having a positive impact on people, the environment and shareholder returns.
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