Assessing Risk Management Effectiveness
Good risk management isn’t just a question of having good processes . Assessing effectiveness means understanding the impact that risk management is having on the business. And that means thinking about “effectiveness” is a different way and asking: how far does risk management help us make better decisions and get things right?
Audit (& Risk) Committees often feel that what they are doing to assess effectiveness isn’t really enough and that they should be doing more – but aren’t quite sure how. In this webinar we shared our thinking on how to go about helping your Committee to strengthen its annual review – and helping the business understand how risk management can be improved to help strengthen performance. And looked at a model you can use – and how you can reach down into the business to get a better picture about what’s actually happening on the ground.
The webinar slides can be download here.
Watch the webinar:
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