Effective risk communication between the board and C-suite is critical for companies to seize on opportunities in today's uncertain business environment. This report examines four essential elements required to develop a world-class risk communication capability:
1. Defined risk governance roles.
2. A shared view of risk.
3. A concise risk appetite statement.
4. Focused risk reporting and dialogue.
Download your complimentary copy of The National Association of Corporate Directors' recent white paper, Risk Communication: Aligning the Board and C-Suite, developed in partnership with Oliver Wyman and the Association for Financial Professionals.
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