Origami Risk Offices: A Novel Approach to Enterprise Risk Management
Origami risk offices are innovative organizational structures that utilize a decentralized, modular approach to enterprise risk management. Inspired by the Japanese art of origami, these offices are designed to be flexible, adaptable, and responsive to the ever-changing risk landscape. A prominent example is the implementation of an origami risk office at a major global bank, which resulted in a 30% reduction in risk-related losses and improved regulatory compliance.