Operational risk: Difference between revisions
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imported>Doug Williamson m (Link to Big data page.) |
imported>Doug Williamson (Added link to The Treasurers Handbook - Guide to risk managment) |
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* [[Business risk]] | * [[Business risk]] | ||
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[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
Revision as of 10:26, 19 November 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.
