By truly understanding the attitudes, beliefs and motivations of employees, we can understand what drives their behavior, and the way in which organizational policy may adversely affect their attitudes toward risk.
A good, balanced risk culture helps organizations identify and take advantage of the right opportunities, to gain competitive advantage and reduce the total cost of risk.
Through the human capital lens
Integrated risk management is achieved through a structured and coordinated approach that takes into account the spectrum of human capital elements, from overall company leadership to individual incentive programs.
Through the industry lens
There are unique considerations for managing risk culture depending on the industry. From haulage companies and financial institutions to pharmaceutical manufacturers and retailers, an effective and appropriate risk culture will look as different as the employee base, structure and objectives.
A good, balanced risk culture helps organisations identify and take advantage of the right opportunities, to gain competitive advantage and reduce the total cost of risk.
