Building a Healthy Risk Culture | ONLINE
07 November 2024
11:00–12:30
ONLINE
All organisations face risk in the form of uncertainties, which can manifest as both threats and opportunities. These risks relate to strategy and the delivery of objectives. As such, risk awareness is critically important in supporting effective organisational performance and in safeguarding the organisation against threats, which can be both internal and external in nature. Yet attitudes to risk and to risk management processes can vary across organisations.
The purpose of this Forum event is to consider the key characteristics, processes and behaviours that underpin a healthy and mature risk culture. An organisation's risk culture will comprise:
- attitudes in respect of risk management, its importance and application
- the value placed in risk management as an integral and integrated business tool
- awareness of key risks and risk management practices
- behaviours which support involvement in risk identification and management, and sees actions, decisions and decision making informed by and aligned with the organisation's risk appetite
- risk consideration on team and board agendas and factored into key initiatives
- a learning organisation, capturing and learning from risk events in the form of incidents and near misses
- support for risk management through a properly resourced risk management function, which supports procesess, enhancements and renewal
The event will explore risk culture through:
- setting the scene and the key building blocks of a healthy and mature risk culture
- attendee engagement and feedback on their own organisational risk cultures
- risk appetite setting and and risk assurances
The speaker line-up includes:
- Garry Mannering, Chief Risk Officer, Land Development Agency
- Dermot Byrne, Experienced ARC Chair, ARC Member, IIA Member, and ex-Head of Internal Audit
- Dr Tom Ward, Senior Governance Specialist, Institute of Public Administration