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Discussion 6.1 -100 WORDS

Discussion 6.1 -100 WORDS

Operational risk can sneak up on an organization that is not vigilant. What looks like an opportunity can become a risk. Success with an operational process today can quickly become a failure tomorrow.

From a global perspective find an event that occurred in the last ten years that illustrates the negative effects on an organization that did not properly plan for operational risk. Be sure to name the business involved, describe the event, and explain how it could have been avoided or mitigated