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Why do organizations suffer massive losses even when their strategies look strong and their financial models appear sound? This video explains what operational risk truly means-and why it remains one of the most underestimated threats in business. From fraud and system failures to human error, cyber incidents, process breakdowns, and third-party disruptions, operational risk exists in every organization, across every industry. Many companies focus heavily on credit and market risks, yet operational failures often cause the most immediate and reputationally damaging consequences. When controls are weak, governance is fragmented, or accountability is unclear, small process failures can escalate into large-scale crises. Through practical explanations and real-world business examples, we clarify how operational risk arises, how it is measured, and how organizations can build stronger control environments to prevent recurring failures. Created by Risk Management Association of India, this short course video is designed for risk professionals, board members, compliance teams, auditors, operational leaders, and students seeking a clear and practical understanding of operational risk. What You'll Learn: The definition of operational risk and its key components Common sources of operational failures in organizations Real-life examples of operational risk events The difference between operational risk and other risk categories How governance, controls, and culture reduce operational losses Who Should Watch: Risk managers and operational risk professionals Internal auditors and compliance officers Senior management and board members Operations, IT, and process heads Students preparing for careers in enterprise risk 🔗 Explore more courses or enroll today: https://www.smartonlinecourse.co.in #OperationalRisk, #RiskManagement, #SmartOnlineCourse, #DrRakeshAgarwal, #RiskManagementAssociation, #EnterpriseRisk, #RiskGovernance, #InternalControls, #OperationalRiskManagement, #ComplianceAndRisk, #BusinessRisk, #RCSA, #KRI, #RiskEducation, #BankingRisk