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What is operational risk?
What do we mean by operational risk?
Why operational risk is different from other risks
Measurement and management of operational risk
Challenges of operational risk management
THE ROAD TO OPERATIONAL RISK
Dateline: Moscow, 19 October 1812
In the face of a deserted city and no capitulation from city or Tsar, Napoleon burns Moscow to the ground and begins the march back to France. Failure to plan for the peculiar logistics of attempting such a long march into Russia and to identify and assess the debilitating effect of snow and temperatures of up to –38 ºC result in the loss of nearly all the 420,000 troops of La Grande Armée. ...
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