Global Learning for Operational Leaders
Introduction
Course overview
Policies, procedures and controls only work when people choose to follow them and speak up when something is wrong. Many major corporate failures have been traced not to missing rules but to cultures that discouraged challenge, rewarded excessive risk taking or tolerated misconduct. Regulators and boards are therefore paying increasing attention to risk culture.
This Risk Culture Assessment and Improvement training course explains what risk culture is, how it can be assessed and how it can be strengthened. Participants explore the drivers of risk culture, including leadership, incentives, accountability and communication, and learn practical assessment methods such as surveys, interviews, focus groups, behavioural indicators and document review.
The course also covers how to translate assessment results into targeted improvement actions and how internal audit and risk functions can provide ongoing insight on culture.