Download: Eight Practices to Oversee Risk Effectively
The National Association of Corporate Directors (NACD) has published a complimentary executive summary of “Eight Key Practices for Overseeing Risk Management.”
“As the number and magnitude of business risks increase, so do the expectations for stronger risk oversight — through both greater board awareness of risk and more disciplined board review of enterprise-risk management,” the NACD says on its website.
The reports offers key practices that all directors can use to oversee risk more effectively, such as:
- Clarify the roles of the board, committees, and management.
- Understand the company’s risk profile.
- Define the company’s risk appetite.
Download the executive summary.
