Is Now the Time to Reframe Risk as Opportunity?

• The Board should reimagine how they operate, their composition and role in setting an organisational purpose that extends beyond maximising returns for shareholders.
• They need to work with management to define, implement and measure a corporate culture that is inspired by purpose and aligned with the organisation’s strategy.
• Boards must also ensure that the organisation adopts a data and technology-driven approach to risk management and reports on the threats that matter most.