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Building a Risk Culture

Posted on October 1, 2014

BY LEAPROS® Finance & Accounting · Analytics · Budgeting · Financial Planning

Building a strong risk culture entails educating up and down and interchangeable roles to achieve organizational goals and objectives. Warren Buffett states, “Culture, Not Rules, Determines Organizational Behavior” (2011). A robust risk culture equates to a sustained competitive advantage as a company must address protecting the safety and security of employees and guests/products, drive operational and financial efficiencies, preserve brand reputation, and proactive risk planning and response. Additionally, changing risk culture and behaviors involves reinforcement and monitoring. Therefore, today’s risk practitioner is a key strategic business and industry, embodying a broad-based operational perspective.

In summer of 2012 David joined California Pizza Kitchen (CPK) as Senior Director of Risk Management, implementing and directing enterprise/strategic risk management program after several years of an operational risk management only department function. Oversees policy and procedure development and implementations for all corporate insurance program exposures,

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