Getting to Grips with Risk & Assurance
By adopting a risk-focused approach, this session will help board members to focus on issues that carry strategic impact, obtain appropriate assurance and make decisions in line with risk appetite.
The two main roles of the Board are to set a strategy and manage the risks to achieving it. As a board member with lots of information to read and a limited amount of time with your non-executive and executive colleagues, how do you know you are spending your time on the most important issues?
Your risk management framework is a key tool that can help you. There’s no blueprint for an effective risk management framework but all frameworks can be used effectively if they address the following:
The two main roles of the Board are to set a strategy and manage the risks to achieving it. As a board member with lots of information to read and a limited amount of time with your non-executive and executive colleagues, how do you know you are spending your time on the most important issues?
Your risk management framework is a key tool that can help you. There’s no blueprint for an effective risk management framework but all frameworks can be used effectively if they address the following:
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