Leadership and career

Boards Should Take a Fresh Look at Risk

By February 16, 2017 No Comments

Boards have a critical role in overseeing a company’s key risks—whether those risks fall into strategic, financial or operational buckets, or relate to regulatory compliance or other corporate obligations.

The board’s role in overseeing risk also continues to attract the attention of investors, regulators and other stakeholders, prompting calls for greater transparency. That means a thoughtful approach to risk oversight can bring real value to a company and its shareholders.

So how can your board refresh its risk approach to be more effective?

I’d like to share  a whitepaper from PwC that outlines this important process. In this new report from their Governance Insights Center, key challenges are addressed along with how Boards should respond:

Highlights from the whitepaper include:

  • How can a board reassure investors that it is overseeing risk effectively?
  • Do directors’ backgrounds support effective risk oversight?
  • Are any key risks falling through the cracks and not being overseen anywhere at the board level?
  • Is too much of the board-level effort on risk focusing on compliance and regulatory matters?

It’s a free download, of course, along with all the whitepaper and eBooks in the Corporate Compliance Insights Resource Library

Instant Download:


Want a great resource if you’re in the job market? Corporate Compliance Insights’ weekly eNewsletter offers GRC news & views, an events calendar and job postings. Click here to sign up.  

Note: if you’re on the other side of this equation and have an open position to fill in your organization, contact me today to learn about my network of compliance professionals!

 

Maurice GilbertMaurice Gilbert is Managing Partner of Conselium Executive Search, which specializes in placing Compliance Officers and Legal Counsel for clients in the U.S., Europe, Latin America and Asia Pacific. Maurice is also CEO of Corporate Compliance Insights, a worldwide publication devoted to governance, risk and compliance issues. Maurice can be reached at maurice@conselium.com or maurice@corporatecomplianceinsights.com.

For more articles on leadership, hiring, managing, interviewing please visit www.conselium.com.

Published by Conselium Executive Search, the global leader in compliance search.  
close

PLEASE follow us!

Twitter
LinkedIn