Cultivating a Risk Intelligent Culture

Submitted on 25th June 2015

 

In managing risk effectively it is important to understand what drives behaviours towards risk. As the Global Financial Crisis unfolded, it became evident that cultural misalignment played a large role in organisational failures. An organisation’s culture determines how it manages risk when under stress. For some organisations, their risk culture is a liability, while for others it facilitates both stability and a competitive advantage.

Source
Deloitte
Length of Resource
12
Resource File
Author
Deloitte
Date Published
Publication Type
article
Resource Type
commercial