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Words of Wisdom: The Role of the Board in Risk Oversight

This article in Financier Worldwide – about the role of the board – cites risks identified in the study conducted by the Enterprise Risk Management Initiative at Poole College and Protiviti.

The stock-in-trade of the board is guidance. In today’s risk environment – be it strategic, operational, industrial or cultural – the oversight that a board can provide can be of enormous benefit to senior management and is perhaps needed more now than ever before. … Indeed, as a recent survey of more than 700 board members conducted by Protiviti and North Carolina State’s ERM Initiative makes clear, risk in 2018 is plentiful. Read the story here.