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  • Building A Risk Culture

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    Victoria Pita
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    A strong risk culture is important for an organization. It is defined as the overall reflection of an organization's attitude towards risk management. Key elements include risk appetite, tolerance for risk taking, and how risks are identified and addressed. The document provides practical steps for building a strong risk culture, including defining a risk framework and ensuring accountability and oversight at all levels of management.

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    A strong risk culture is important for an organization. It is defined as the overall reflection of an organization's attitude towards risk management. Key elements include risk appetite, tolerance for risk taking, and how risks are identified and addressed. The document provides practical steps for building a strong risk culture, including defining a risk framework and ensuring accountability and oversight at all levels of management.

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    6 views17 pages

    Building A Risk Culture

    Uploaded by

    Victoria Pita
    A strong risk culture is important for an organization. It is defined as the overall reflection of an organization's attitude towards risk management. Key elements include risk appetite, tolerance for risk taking, and how risks are identified and addressed. The document provides practical steps for building a strong risk culture, including defining a risk framework and ensuring accountability and oversight at all levels of management.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Building a risk culture

    Content
    Definition of risk culture
     A case for a strong risk culture
    Elements of strong risk culture
    Practical steps to building a strong risk culture
    Conclusion
    What is a risk culture?
    The culture of an organization or a company may be
    seen as the overall reflection of the attitude of every
    component of management within the company. The
    culture of an organization determines how individuals
    will behave in particular circumstances.
    Risk culture is an emerging terminology which
    encapsulates a company’s risk appetite, tolerance

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