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Corporate Compliance Insights
Home Risk

What is the Board’s Role in Effective Risk Management?

New Recommendations from SMEs in Financial Services, Risk and Cybersecurity

Corporate Compliance Insights by Corporate Compliance Insights
October 16, 2019
in Risk, Whitepapers
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The Shared Assessments Program, the member-driven leader in third-party risk assurance, recently released a new set of findings and recommendations developed with C-level executives and risk experts from a dozen organizations.

The briefing paper provides boards of directors and C-level executives with new findings on the role of and increasingly crucial importance of board oversight, specific high-profile case study examples of the opportunity for the board to play a role in robust risk monitoring to achieve organizational goals and preserve brand reputation and the real-world consequences of failing to do so.

The report also provides specific actionable recommendations for effectively engaging the board in strategic risk-related processes to protect business continuity, safeguard revenue streams and ensure positive organizational reputation.

“The Board’s Role in Realizing Effective Risk Management” helps boards engage and ensure that their organizations’ risk-monitoring strategies, structures and tactics are appropriate to protect the organization.

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