Is Now the Time to Reframe Risk as Opportunity?

In the current uncertain environment, risk management has become essential if organisations are to strengthen their resilience and create sustainable value. In this article, Criticaleye Advisory Member, EY, encourages Boards to think beyond today’s challenges to understand how they and their organisations can bolster risk management to drive growth and build that resilience.

Key takeaways include:

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.

DOWNLOAD INSIGHT

Related Insights

Read, watch & listen to some of the latest thought leadership from our Community.

Inspiring Leaders Podcast: Su...

Martin Balaam, CEO of Pimberly and Jacqui Summons, NED/Fractional CHRO join Criticaleye's Senior Editor, Jacob Ambrose Willson to explore the demands of private equity ownership from driving value creation and manag...

Bringing Appreciation to Life

When it comes to employee appreciation, the most successful organisations find ways to address a wide range of their employees’ needs. This report by Criticaleye Partner Reward Gateway | Edenred explores...

Inspiring Leaders Podcast: Fr...

Tea Colaianni, Senior Independent Director at Watches of Switzerland and portfolio Non-Executive Director, shares her journey from Chief People Officer to the Boardroom and the unique strengths HR leaders bring as NEDs....