Operations risk: Difference between revisions
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imported>Doug Williamson (Rationalised first sentence) |
imported>Doug Williamson m (Categorise.) |
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* [[Systems risk]] | * [[Systems risk]] | ||
* [[Weather risk]] | * [[Weather risk]] | ||
[[Category:Financial_risk_management]] |
Revision as of 15:48, 28 February 2018
Operations risks include events such as:
- The processes breaking down and requiring contingency and back-up plans
- Important suppliers in the supply chain no longer being able deliver
- Quality of the workforce and whether they are sufficiently trained and motivated
- Damage to or loss of use of premises
- Fraud risk and ensuring that proper controls and procedures are in place