Operational risk: Difference between revisions

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* [[General Data Protection Regulation]]
* [[General Data Protection Regulation]]
* [[Guide to risk management]]
* [[Guide to risk management]]
* [[Institute of Risk Management]]
* [[Legal risk]]
* [[Legal risk]]
* [[Market risk]]
* [[Market risk]]
* [[Operations risk]]
* [[Operations risk]]
* [[Opportunity risk]]
* [[Performance risk]]
* [[Performance risk]]
* [[Reputational risk]]
* [[Reputational risk]]

Latest revision as of 03:24, 30 March 2024

Risk identification and management.

(OR).

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.


Operational risks include - among others:

  • Operations risk;
  • Systems risk;
  • Legal risk; and
  • Weather risk.


Also known as operational exposure.


See also