Summary

Skills Strategy for Operational and Non-Financial Risk

Guidance to help you build the skills, capabilities and culture required for the future of ONFR.

Service

ORX Membership

Community

Strategy & Leadership Community

Risk programme

Leadership, Strategy & Advancing Op Risk

Sections

What's included?

This resource includes three practical tools to support the development and implementation of your ONFR skills strategy:

ONFR skills strategy checklist – helps you assess whether you have the right strategic foundations in place
ONFR skills delivery checklist – supports planning and execution, ensuring your strategy is translated into action
ONFR unicorn skill set – defines the capabilities and characteristics required in future ONFR leaders and enables team capability planning

How you can use these resources:

Identify gaps and priorities in your skills strategy, delivery approach and team capability
Facilitate discussion among risk leaders and business partners using structured, focused questions
Support planning and decision-making, from recruitment and training to culture and leadership development
Build a balanced ONFR function, shifting away from the search for “unicorns” toward strategic team capability

Discussion with risk leaders has confirmed the critical importance of a skills strategy in advancing the value of ONFR management. Our Vision for ONFR outlines new challenges and the need for new solutions. To meet these challenges, new skills are required. Acquiring these skills is consistently among the highest priorities for risk leaders. This was reflected in the very high level of engagement from the ORX risk leadership community. We would like to thank all those who contributed.

Disclaimer: ORX has prepared this resource with care and attention. ORX does not accept responsibility for any errors or omissions. ORX does not warrant the accuracy of the advice, statement or recommendations in this resource. ORX shall not be liable for any loss, expense, damage or claim arising from this resource. The content of this resource does not itself constitute a contractual agreement, and ORX accepts no obligation associated with this resource except as expressly agreed in writing. ©ORX 2025