Risk and performance: embedding risk management

Simon Ashby, Cormac Bryce, Patrick Ring

Research output: Book/ReportCommissioned report

Abstract

Effective risk management within organisations can only be achieved when
staff are willing to engage in risk management activities to achieve the board’s risk taking and control objectives. In short, risk management cannot be
effective if it is not embedded.

The research shows that although the case study organisations had similar risk
management objectives, the paths they took to embedding risk management varied according to the external environment in which they operated and a range of internal factors, such as leadership tone and the success or failure of past risk management initiatives. Organisational paths varied in the risk management mechanisms used and, in particular, the formality or informality of these mechanisms.
Original languageEnglish
Commissioning bodyACCA
Number of pages40
Publication statusPublished - 13 May 2019

Keywords

  • risk management
  • organisations

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