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Alexander Hamilton Awards

2020 Alexander Hamilton Awards: Operational Risk Management

Congratulations to Microsoft, Bristol Myers Squibb, and Paychex!

By T&R Staff | January 21, 2021 at 02:31 PM

Effective risk management can solve all kinds of business problems, but first it needs to identify them. Managers and staff tasked with mitigating risk (whatever their actual job title) should always be on the lookout for areas of potential improvement. Then, once an opportunity emerges, they must build communication channels that span functional divisions so that affected teams throughout the organization understand the opportunity and prioritize its pursuit.

Only when creative teams work together in this way will innovation truly move operational risk management forward. This is the lesson exemplified by the latest Alexander Hamilton Award winners in the category Operational Risk Management.

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The deadline for submitting projects for consideration for the 2024 Alexander Hamilton Awards is now September 11. Submit your innovative initiative today!

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