“Culture of Compliance,” is this statement one or two concepts for risk managers. I should have put this posting up sooner so that it would add some context to some of my comments that I have posted and will be posting. When I read risk management oversight charters or the more usually used ‘culture of …
Author archives: Ian Moorhouse
Social Capital
Separating the culture of compliance into people and process If you were given two options, a 2% or 8% improvement in your risk management processes, which would you choose? As with everyone else in any organization, risk managers are expected to deliver more and get more from their current resources. We’re expected to deliver more …
Trust and Risk Managers
It goes without saying that the integrity of any process is dependent upon the amount of trust everyone has in the process. So, the question I have is; what is the level of trust whether it’s those being supervised or those doing the supervision in any risk management program? I’ve always assumed that as a risk …
Perceiving risk managers for their strategic value versus technical expertise
Over the past many years, I’ve come across risk management publications and articles that have questioned the role that risk management plays in many organizations, these publications question the value that risk management can create or preserve. While there are quite a few publications talking about new tools or systems that risk managers can deploy …
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Transformational Risk Managers
In a previous posting, I described the need for risk managers to become more of a strategic partner for other departments in an organization. The one big obstacle that risk managers will need to overcome is the transactional mindset that is at the heart of risk management. Risk managers have the three lines of defense …