Operational risk: Difference between revisions
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imported>Doug Williamson (Added link to The Treasurers Handbook - Guide to risk managment) |
imported>Doug Williamson (Link with Financial risk page.) |
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* [[Business risk]] | * [[Business risk]] | ||
* [[Big data]] | * [[Big data]] | ||
* [[Financial risk]] | |||
* [[Guide to risk management]] | * [[Guide to risk management]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
Revision as of 16:38, 14 December 2014
Operational risk is the risk of adverse effects resulting from inadequate or failed internal processes, people and systems and / or external events such as adverse changes to the economic environment.
Investors in companies generally expect the Board to mitigate or minimise these risks, to ensure that they cause as little harm as possible to the organisation.
