Drive management action Collaborate across assurance groups to effectively source risk information and deliver higher-quality risk insights to senior leaders in easy-to-consume reports. Align to strategic objectives Use corporate strategy as a key input to provide assurance on the activities that are mo...
“We really need to take a step back and cleansheet,” a senior insurance executive recently told us. “Where do we truly need to allocate our risk management capacity moving forward? How do we link this to where the value is created, versus adding layers after layers of controls?...
Over the years, I’ve had no shortage of people ask me how they can get my job as a senior risk leader. They see the possibilities and get a strong sense that risk management just might be a pretty interesting career track. Oftentimes these folks are sitting in some insurance related sub...
Well-run companies prepare for the risks they face. Those risks can be significant, and while they're not always addressed successfully--think Deep-water Horizon, rogue sucurities traders, and explosions at chemical plants--the risk management function of a company generally helps it develop proto...
Third-party networks continue to increase in number and scope, and 40% of compliance leaders say that between 11% and 40% of their third parties are high-risk. As a result, senior leaders, including boards, are taking greater interest in third-party risk management oversight, and most organi...
Your risk averse management are afraid of being held accountable for you leaving the company. Being busy means autonomy and freedom. Leaders need to address excessive work in progress if they are going to effectively risk manage in an organisation. Addressing a swamp of excessive “Work in ...
s own company or in the industry prompt internal soul searching regarding whether existing risk-management approaches are adequate. In more and more cases, however, CEOs and business leaders take a more proactive stance, as their goal is to further develop risk-management capabilities (proac...
Read risk management and governance news, guides and tips and learn how CIOs and other IT leaders can better manage cybersecurity and compliance.
Read risk management and governance news, guides and tips and learn how CIOs and other IT leaders can better manage cybersecurity and compliance.