Strong and Flexible
Risk registers aren’t enough. To survive, organizations must build robust risk management cultures.
By Kelsey O'Connor
66%
of CEOs say they see more threats to their
business than opportunities.
CULTURE CONSTRUCTION
To remain competitive in a volatile business
environment, organizations must build a risk
management culture that is both
RISK;MATURE ORGANIZATIONS SAY THEIR RISK AGILIT Y ALLOWS THEM TO:
Use data and
analytics
to identify
new business
opportunities
Rapidly
accommodate
changes to the
business
Rapidly
pursue growth
opportunities
Identify
opportunities
ahead of
competitors
80
60
40
70% 67% 67%
51%
Risk
resilient
able to withstand disruption
by relying on solid risk
management tools
Risk
agile
able to quickly adapt
risk management
infrastructure to change
36%
of organizations are high
performers—meaning both “risk
agile” and “risk resilient”—when it
comes to risk management.
46%
of high performers expect
significant revenue growth through
2017—compared to 36% of
companies with low risk maturity.
METRICS
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