Risk culture is real and it’s measureable. We may not be able to give it a precise numeric score, but we can build programs and track the right information to give some insight into its strength and effectiveness. We need to ask the right questions that benchmark our progress, from where we were yesterday to where we are today. Improving risk culture is not about eliminating risks but rather having the information to take the right risks to maximize our performance.
How to Measure Risk Culture Effectiveness: A Practical Guide
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