Collaboration within organisations will create a united
and diverse resource to help boards deal with risk
Risk management is moving up the corporate agenda. It is now
viewed as more than a tick-box compliance exercise, and regulatory
bodies such as the FRC are increasingly calling on business leaders
and senior management to have a greater involvement in their
organisation's risk management strategy.
But how do boards actually view risk management? Do they see it
as a necessary evil or as a vital contributor to the successful
development and execution of their business strategy? Managing risk
in today's complex world is no easy task and boards are having
to respond to growing pressure to take an active role in shaping
their agenda and conversation on risk.