Managing Cultural Risk: How to Identify, Assess and Create a Risk Aware Culture in Your Organization

by John Humphries

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Affecting change and managing the levels of risk appetite can ensure that goals are met and the future of your organisation is secured. Indeed a proactive, risk tolerant and risk aware culture - practiced by all Directors, managers and employees - is increasingly recognised an essential component of successful organisations, particularly in the aftermath of the financial crisis.

Managing Cultural Risk enables you to assess and adapt the organisational risk culture to suit your organisation's needs and aims. It provides diagnostic tools, plans and assessments to help you change attitudes, behaviours and responses to the way in which risks are identified, assessed and controlled. Beginning with an in depth analysis of different organisational cultures and how well they support long term aims, it explains how to determine how much risk taking is acceptable and offers techniques for developing risk awareness and risk management capabilities. It also provides simple risk communication tools that can help raise awareness for proactive risk management, and how cross-cultural issues can also affect risk taking in multinational firms.

By providing a tangible solution to what is a growing concern, Managing Cultural Risk is ideal for Directors and Senior Managers as well as risk practitioners and anyone who wishes to develop their knowledge and expertise in this important area of risk management.
  • ISBN10 0749471271
  • ISBN13 9780749471279
  • Publish Date 3 September 2015
  • Publish Status Cancelled
  • Publish Country GB
  • Imprint Kogan Page Ltd
  • Format Paperback (US Trade)
  • Pages 240
  • Language English