Operational Risk and Resilience

could influence the achievement of the organization’s objec-

tives, including strategic, operational, financial and compli-

ance objectives.

Most boards and executives are expected to demonstrate both

entrepreneurship and dynamic behaviour, while assessing and

managing potential risks along the way. Shareholders have an

expectation that care will be taken to ensure that their invest-

ments are properly protected from day-to-day business risks,

as well as those associated with the process of change. They

expect management to ensure that preventative measures and

contingency plans are in place – to help minimize the impact

of a change failure.

Risk management ...