Risk-culture self-assessment

1. Risk-culture self-assessment Your Result: Anxious Operator Your organisation is in the midst of significant structural shifts, perhaps as a result of changes to your business model or a recent merger. Your senior management and risk management officers have a pretty good idea of the risks, but you lack consistent risk management systems and controls across all your operating units. Steps towards improving your position The first step you can take to improve your position is to map and analyse your exposure to the key risks you face. You can then work out which corporate structures, systems and processes need to be changed to close the gaps. You may need to hire new people to assist you with this change. You will certainly need to undertake some training and adjust the way in which your people are measured and rewarded. Don’t forget to set up a mechanism for assessing the improvements you make. If you would like to speak to somebody in PwC about this assessment please visit www.pwc.com/getuptospeed