In what way does ORM align with overall business strategy?

Operational Risk Management (ORM) aligns with overall business strategy primarily by ensuring that risks do not hinder strategic goals. This is crucial because organizations establish strategic goals to drive growth, enhance performance, and create value, and any operational risks that are not effectively managed can derail these objectives. By integrating ORM into the business strategy, companies can proactively identify, assess, and mitigate operational risks, thereby safeguarding their strategic initiatives.

When ORM is aligned with the business strategy, it helps create a risk-aware culture that supports decision-making and fosters resilience against potential disruptions. This alignment is pivotal for maintaining business continuity and advancing organizational objectives, as it enables companies to navigate uncertainties while pursuing their strategic ambitions.

The other options do not capture the broad, integrative role of ORM in supporting business strategy as effectively as this one does. While reducing operational costs may be an outcome of effective ORM and customer satisfaction is important for overall success, neither directly speaks to the strategic alignment aspect as clearly. Focusing solely on compliance issues would narrow the scope of ORM and overlook its broader role in supporting strategic goals.