Boards & Risk: The Theory vs The Practice


Inspired by conversations with James Paterson on some of the key challenges involved in making governance, risk and assurance work effectively. Then building up to some thoughts at a board level, having both worked on board effectiveness matters.


We take on a few "taboo" topics including issues with a "failure of imagination" - the importance of paying attention to "weak signals" - what risk appetite means in practice, making the most of internal audit and things to watch out for at a board level.




#organisationdevelopment #ned #corporategovernance #boardeffectiveness #erm #rootcauseanalysis #internalaudit #assurance #grc #groupdynamics #boards #management #risk #riskappetite #riskassessment