Gartner Research

Enterprises Must Improve Their Risk-Engaged Culture to Meet Digital Business Demands

Published: 23 August 2018

ID: G00367845

Analyst(s): Paul Proctor , Srinath Sampath

Summary

Most organizations fail at sustaining an effective risk-engaged culture. Nonetheless, a risk-engaged culture is measurable and manageable. CIOs should improve their non-IT executives’ engagement in risk management and, consequently, their risk-informed decision making.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Identify Common Failures in Maintaining a Risk-Engaged Culture and How They Apply in Your Organization
    • Spot the Red Flags
  • Measure Risk Engagement Levels Among Relevant Stakeholders
    • Executive Decision Maker’s Risk Engagement Indicators
    • Risk Process Owner’s Business or Impact Translation Quality Indicators
    • Subject Matter Expert’s Risk Process Quality Indicators
    • Measuring the Amount of Risk Accepted
  • Improve the Risk-Engaged Culture Through Dialogue, Measurement and Reporting
    • Developing a Risk Narrative
    • Reporting on Executive Engagement of Risk
    • Reporting on the Risk Process Owners
    • Reporting on the Subject Matter Experts
    • Rewarding Organizational Change

Case Study

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