London Gazette and Operational risk: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Doug Williamson m (Organisation check 6/5/13 - added information about Edinburgh and Belfast Gazettes) |
imported>Administrator (CSV import) |
||
Line 1: | Line 1: | ||
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]] | ||
Revision as of 14:20, 23 October 2012
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