The growing risk landscape requires legal and compliance leaders to establish greater business ownership of risks. Empowering employees to own risk management yields significantly better risk outcomes than prescriptive risk management, leading to employees becoming more likely to act on, report and feel confident owning risks.
Use this report to review how to advance your risk management strategy and empower business ownership of risk by:
- Clarifying risk management roles and responsibilities
- Providing tools and resources that empower the business to own risk
- Ensuring that employees feel accountable for managing risks