Corporate Governance
Risk management and oversight
Successful business strategy depends on taking informed, well-timed risks, so one way or another, risk matters have always been on the board’s agenda. But directors are now being held much more accountable for their firms’ decisions and performance outcomes related to risk. Meanwhile, the risks companies face in virtually every industry seem to be growing exponentially.
A director of a major global company summarized the challenge: “How can the board identify the real risks the organization is [taking] in a world where technologies, products and [companies] are all getting more complex? How do we have a real dialogue about this with the management team?”
Board leaders, senior executives, regulators, and other stakeholders come together with Tapestry Networks to discuss answers to these questions and address challenges that include:
- Defining the role of the board and key committees in risk oversight
- Upgrading management’s risk practices
- Improving board-management dialogue and governance in specific risk areas.
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