Building a Risk-Mindful Culture
Sound risk management principles are critical to every organization, but even organizations with highly developed ERM programs often struggle to get everyone on board. Motivating your people to actively embrace these principles can be an ongoing challenge – especially if people have come to think of risk management as a compliance issue alone.
Developing a Risk Mindset
Crowe Horwath is committed to helping you develop a culture that is genuinely risk mindful – where risk management policies and practices are not regarded as obstacles that need to be overcome, rather as opportunities to improve outcomes and add value. A risk mindful organization is:
Alert – and able to access needed enterprise risk information
Prepared – with leadership accountability and employee awareness and training
Proactive – where all concerned are empowered to speak up and address risk issues proactively
The Crowe Approach
Crowe helps clients develop and apply these concepts, beginning with an organizational diagnostic to help identify risk and cultural factors unique to your organization, setting the direction for the specific tools and solutions you’ll need to help you establish a risk-mindful culture.
Tools for Enhancing Organizational Risk Consciousness
Risk appetite development
Training and awareness programs
Risk communication strategies and messaging
Crowe draws on extensive experience in organizational change management – the essential driver for the necessary cultural change that must occur at all levels to enable the organization to be mindful of risk.