Click on each shape to reveal a brief overview of each governance principle
Risk in the C-Suite
In today’s complex and global business environment, organizations are increasingly taking a top-down and holistic approach to enterprise risk.
Elevate the role of risk manager
Establish clear ownership and accountability
Integrate risk with the business
Build alignment on risk prioritization
Set the tone and the culture
Define clear goal posts to evaluate decisions
By redefining and elevating the role of the risk manager, organizations will be better able to identify, assess, and manage enterprise risk.
Effective risk management calls
for clear ownership and accountability
at the executive
level, backed
by incentives tied to key risk metrics.
Risk is everyone’s business, and each member of the C-suite should recognize that managing risk is
a crucial part of
their job.
Enterprise risk ownership starts
at the top, and enterprise risk priorities must be purposefully cascaded and aligned across all levels of the organization.
The executive team plays a crucial
role in setting the tone for a healthy risk culture—the day-to-day mindsets, attitudes and behaviors that sustain effective risk management.
Companies
must determine
and quantify their risk appetite by defining clear goal posts that reflect the amount
of risk they are willing to take on.
Five Fundamentals to Build Inclusion and Diversity Into Benefits and Retirement Planning
Risk in the C-Suite
One of the survey’s biggest takeaways is that company leaders are willing to commit to inclusion and diversity (I&D) initiatives.
Elevate the role of
risk manager
Elevate the role of
risk manager
By redefining and elevating the role of the risk manager, organizations will be better able to identify, assess, and manage enterprise risk.
Establish clear ownership and accountability
Effective risk management calls for clear ownership and accountability at the executive level, backed by incentives tied to key risk metrics.
Integrate risk with
the business
Risk is everyone’s business, and each member of the C-suite should recognize that managing risk is a crucial part of their job.
Build alignment on risk prioritization
Enterprise risk ownership starts at the top, and enterprise risk priorities must be purposefully cascaded and aligned across all levels of the organization.
Set the tone and
the culture
The executive team plays a crucial role in setting the tone for a healthy risk culture—the day-to-day mindsets, attitudes and behaviors that sustain effective risk management.