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Embedding RCSA into Business Strategy


Embedding RCSA into the Strategic Planning and Business Strategy

Embedding RCSA into Business Strategy


Embedding RCSA into the Strategic Planning and Business Strategy

This presentation was prepared for the New Generation Operational Risk: Risk Culture and Business Conduct Behaviour conference in Helsinki, Finland.

In this presentation, Ascendore CEO, Andrew Smart outlines how to integrate Risk & Control Self Assessment into the Strategic Planning process and Business Strategy.

Based on the Risk-Based Performance Management approach, during this presentation an integrated approach to strategy and risk management is outlined, with risk appetite playing a central role.

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Map Your Risk Management Strategy


Having trouble with your enterprise risk management strategy? Map it.

Map Your Risk Management Strategy


Having trouble with your enterprise risk management strategy? Map it.

In 2016, it was estimated that 67% of well-formulated strategies failed due to poor execution and 1 in 3 business leaders rate their firm as poor or very poor at the implementation of strategy. 

Like business strategy, the risk management strategy presents execution challenges for the CRO and Risk Management teams. 

Paraphrasing the original article that introduced the Strategy Map, in the presentation, Ascendore CEO outlines how the Strategy Map can be used as part of an overall strategy management system to improve the execution of the risk management strategy. This presentation is based on an Ascendore customers use of the Strategy Map for Operational Risk Management. 

 

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