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Minimize Risk by Maximizing Accountability

Faced with challenging economic times, companies across all industries are increasingly compelled to keep risk management top of mind. Success depends upon customer and shareholder confidence in a company’s ethical standards and its ability to make prudent decisions about handling risks. All leaders must understand the risks in the businesses for which they’re accountable and risk professionals must support employees and managers in risk mitigation. Leaders must emphasize to managers at all levels of the organization the importance of role-modeling behavior. This includes ensuring that those responsible are helping employees identify and take responsibility for the risks that cross their desks.”]

Source: https://www.csoonline.com/article/2124764/minimize-risk-by-maximizing-accountability.html

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