Operational risk: Difference between revisions
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imported>Doug Williamson (Link with Financial risk page.) |
imported>Doug Williamson (Link with Unrewarded risk and Rewarded risk pages.) |
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* [[Financial risk]] | * [[Financial risk]] | ||
* [[Guide to risk management]] | * [[Guide to risk management]] | ||
* [[Unrewarded risk]] | |||
* [[Rewarded risk]] | |||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
Revision as of 16:33, 23 March 2015
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.
