Good Read – Protiviti’s Board Perspectives: Risk Oversight, Issue 73 – Ensuring Risk Management Success

February 15, 2016

Risk management, both at an enterprise and IT level, is becoming increasing more important to preventing issues across the organization.  This recent whitepaper from Protiviti outlines recommendations on how the Board of Directors and management can make their risk management efforts more successful.

Here is a summary of the article:

A fundamental role of the board in discharging its risk oversight responsibilities is to ensure the success of the independent risk management function. This issue discusses five interrelated principles that underlie effective risk management within all organizations in both good times and bad: integrity to the discipline of risk management, constructive board engagement, effective risk positioning, strong risk culture, and appropriate incentives.

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