Companies now expect heads of risk management to enforce a standard approach toward risk-taking across the organization. But our research shows that nearly half of Chief Risk Officers observe decisions that are inconsistent with the firm’s risk appetite.
The solution depends on better coordination and alignment between Corporate Risk, Finance, and Strategy teams.
Download our latest whitepaper to explore 3 steps risk leaders should take to improve cross-functional collaboration and ensure their firm’s growth strategy aligns with its risk appetite:
- Improve alignment between risk and strategic planning.
- Define risk appetite in proper context.
- Set a dynamic, not static, risk appetite.
Learn more about the anatomy of effective collaboration by downloading the Aligning Growth Ambition with Agile Risk Taking whitepaper.