Cost saving centre and Operational risk: Difference between pages
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imported>Doug Williamson (Expand for clarity.) |
imported>Doug Williamson (Link with Legal risk page.) |
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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. | |||
==See also== | == See also == | ||
*[[ | * [[Business risk]] | ||
*[[ | * [[Big data]] | ||
* [[Financial risk]] | |||
* [[Guide to risk management]] | |||
* [[Legal risk]] | |||
* [[Market risk]] | |||
* [[Unrewarded risk]] | |||
* [[Rewarded risk]] | |||
[[Category: | [[Category:Manage_risks]] | ||
Revision as of 09:02, 26 October 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.
