Building and sustaining risk culture

We discuss the key pillars of risk culture and how to build and strengthen it in the public sector organizations.

A corporate culture that is aligned to the organization’s purpose helps to accelerate its strategy. Culture is a critical component of enterprise risk management – it influences how an organization identifies risk, the types of risks it accepts and how it manages risks. The misalignment between culture and strategy is one of the greatest challenges when it comes to risk management. Moreover, culture is often difficult to identify and measure as it is intangible.

Many organizations may have in place an Enterprise Risk Management framework to provide the overarching principles and guidelines to risk governance and management. How can leaders bring the risk culture to life and convince employees to adopt it in all engagements at work?

In this session, we will share the key pillars of risk culture, and how to build and strengthen it. We will also discuss:

• What is the desired risk culture and how do you get it right?
• How can you assess if the risk culture has been adopted at the right level in the organization?
• How can you sustain a risk culture?

Join us in person for this session of EY Government & Public Sector Risk Reimagined series to exchange perspectives on how to institute the desired risk culture in your organization.

Speakers

• Veron Wong, Partner, Consulting, Ernst & Young Advisory Pte. Ltd.
• Goh Jia Yong, Partner, People Advisory Services – Workforce Advisory, Ernst & Young Advisory Pte. Ltd.

This event is now over. Please contact the organizer to receive invites for future events.