Beyond Risk Management
Given the accelerating speed and complexity of business, it is the rare board today that isn’t spending more time talking about strategy and risk. Yet some boards are going a step further and taking out the proverbial stepladder to get a better view of the company’s key governance activities. Are risk management, contingency planning, financial reporting and controls, compliance, internal audit, strategic planning and execution, and board oversight all working in sync? Do all of these moving “piece-parts” of the company’s governance have a shared—and current—view of the top risks to the enterprise?