Diagrams · Operations
Visual Map: Operational Risk Cycle
Understand the risk management loop
Overview
A clear, intuitive diagram illustrating the interconnected stages of effective operational risk management. It highlights the iterative nature of the process, emphasizing that risk management is an ongoing journey, not a one-time event.
Purpose
Use this diagram to quickly grasp the complete operational risk management cycle and communicate its key phases to your team.
Why it matters
A visual representation helps to embed the cyclical nature of risk management, ensuring continuous improvement and adaptability in your business processes.
Unlock the full playbook
The step-by-step instructions, AI companion prompt, worked example, common mistakes and downloadable files are available to members.
When to use it
Refer to this diagram when onboarding new team members to risk management, or when reviewing your overall risk strategy.
Tags
- visual-learning
- process-flow
- risk-cycle
- strategic-oversight
- communication-tool