Innovation is key but can be stifled in business
You should take risks driven by innovation
Challenge your business leaders on risk
"It is key to ensure that your business leaders understand the current state of the organisation with regards to risk. Your leaders need to understand the risk involved if certain changes aren’t made. Describe the problem in an honest way and discuss a better solution. If you were more aligned with innovation, this wouldn’t slow you down but it would help you innovate faster.”
How can businesses move forward with risk and innovation?
- Are your current risk capabilities aligned to the business strategy?
- Does your risk reporting match your whistleblowing and customer complaints processes?
- Have you got risk management embedded in your whole digital business?