What Makes a Successful Risk Culture?
From: Captive.com, June 19, 2017
A successful risk culture is explicit and supported by top management all the way through senior management. It is founded on ethical and responsible business behavior that is translated into actual practices. Successful risk culture flourishes in an informed environment where all employees are enabled to cultivate the desired practices. Ultimately, risk culture is bolstered by rewarding employees who take the right risks in an informed way.