Practical Risk Ownership

“Success is found more often where an organization thinks about risk ownership.” – McKinsey

Practical Risk Ownership Basics:

• Improve risk assessment transparency

• Make clear decisions on risk treatment

• Develop a true “welcoming hand” risk culture

• Develop risk IQ skills and capabilities

• Clarify risk ownership before setting risk strategy, appetite or approach.

• Create greater resilience

Foundation and Footings

We compile, edit, and maintain stories and wisdom shared from many prominent practitioners and scholars. This helps communities of risk owners become more comfortable. It allows them to grow in confidence about performance improvement work in the face of uncertainty. These thought leaders have contributed to the evolution of risk management across government and business sectors.

VISIONARY STANCE

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INTER – LOCAL RISK AGENCY

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Avenues of Affinity

More than 500 communities are currently featured in these six community types. Underlying characteristics of each type were generated independently. Ongoing research of these and other affinity groups continues. Click on any of the labels for description and methods used in defining each type of affinity community.

Your voice and experience are important to advancing practical risk ownership and encouraging affinity group research and development.