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How does scenario analysis help businesses manage crises? How important is communication in managing operational risk? One of the statements made in the ted talk

How does scenario analysis help businesses manage crises? How important is communication in managing operational risk? One of the statements made in the ted talk is overcoming the ego of barons who refuse to acknowledge risk (hmmmm... Elon Musk?) He is referring to the issue of mitigating biases (anchoring, judgmental and motivational). Find an example of a company that suffered extreme losses as the result of an unaddressed or unconsidered operational risk, and in your response, summarize your choice and identify the single most important operational risk failure (bias, communication, natural disaster. Etc.)

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