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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,

This presentation can also be viewed at ieondemand.com

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