Tag Archives: operational risk

Operational risk management explained

Operational risk is a part of any business that's innovative and growing. The degree to which risk is acceptable, and how risk is managed determines whether 'risk' is helpful or dangerous. If risks are inadequately supervised a big business can be bankrupted suddenly. Since all members of an organization share in operational risk management, everyone needs to have an understanding of risk sources and their management framework. We undertook a very high-level depiction of risk for a global Read more