RMORSA Part 5: Risk Reporting & Communication Having standardized risk assessments and well documented mitigation and monitoring activities will equip your organization with a lot of risk intelligence. The question becomes how do you report all of this information to your board and communicate it to your commissioner in a way that demonstrates the value of your ERM program? First, risk managers must be able to demonstrate how risks across the organization roll-up to impact the Board’s strategic objectives; and second, ERM functions must track key metrics to validate the effectiveness of a formalized risk management approach. See more by clicking LINK BELOW (registration for non-members takes only 1 minute) globalriskcommunity/profiles/blogs/rmorsa-part-5-risk-reporting-communication What are your thoughts on this topic?
Posted on: Wed, 20 Aug 2014 00:56:11 +0000
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