Risk management strategy: Utilising your workforce

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It is well recognised that effective risk management is based on a combination of good leadership and employee engagement.

A positive risk management culture

All businesses should aspire to foster a positive risk management culture within their organisation, as part of risk management strategy. The issue is how do you go about creating a positive culture? There is no single solution, but there are a number of key factors that contribute towards achieving the right outcome.

Organisations with a positive culture are characterised by a process of open communication and sharing information within an environment of mutual trust that enables issues to be discussed thoroughly in order to serve the best interests of the company.

Put simply, risk management works best when employees are empowered to speak up and take action when they believe there is something they need to raise.

Employees – an asset or a liability?

Your own employees can put your organisation at risk in many ways, as security threats are not always external. The greatest risks often come from within an organisation. Even well meaning employees can unintentionally open an unsolicited email and with the click of a link jeopardise…

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