The Effective Board
The Effective Board: Are we doing enough around risk?
Boards know that – at the strategic level – they need to be managing risk. Checking on internal control and risk management systems can be left to the Audit (& Risk) Committee. But what should the board itself be doing? The governance guidance isn’t that helpful with talk of “risk appetite” causing more consternation than providing solutions. And boards often find themselves asking “are we doing enough?” Here are a few thoughts on what we look for when considering a board’s effectiveness in getting the risk-reward balance right.
Helping you get it right
For us, good governance is about good performance.
Yes, compliance matters. But our work is about helping you make sure your organisation…is led effectively by a board that adds value…is kept under control through risk management and assurance frameworks that meet your needs…and is “doing the right thing”.Contact