What are the best ways to maintain an operational risk culture in telecommunications?
Operational risk is the potential for losses or damages due to failures or inadequacies in processes, systems, people, or external events. In the telecommunications industry, operational risk can affect the quality, reliability, and security of the services provided to customers, as well as the reputation, profitability, and compliance of the providers. Therefore, it is essential to foster and maintain an operational risk culture that promotes awareness, accountability, and improvement among all the stakeholders involved in the telecommunication value chain. In this article, we will explore some of the best ways to achieve this goal.