Tag Archives: operational risk

Operational risk management explained

Operational risk is a necessary part of any business that's innovating 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 recently undertook a very high-level depiction Read more