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Strategic Risk Management
book

Strategic Risk Management

by Paul C. Godfrey, Emanuel Lauria, John Bugalla Bugalla, Kristina Narvaez
January 2020
Intermediate to advanced
256 pages
7h 2m
English
Berrett-Koehler Publishers
Content preview from Strategic Risk Management

CHAPTER 8

SRM for the Long Term: Culture, Communication, Ethics, and Integrity

This chapter describes two critical elements for making strategic risk management a sustainable and value-creating business process: alignment with organizational culture, and communication systems that integrate SRM into the core work of the strategy complex and the organization. The 7-S model, pioneered by McKinsey and Company, provides a useful framework for thinking about alignment, and we introduce our final tool, the Strategic Risk Reporting Matrix, to help SRM teams communicate with the board and other C-level executives. Organizational integrity is the final key element that must be in place for SRM programs to work.

September 7, 1979, had been a picturesque, ...

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Publisher Resources

ISBN: 9781523086979