Organizing for Risk Oversight

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Board Perspectives: Risk Oversight, Issue 5 - Navigating Board Perspectives: Clarifying Risk Oversight Responsibilities

“Risk oversight” describes the board of directors' role in the risk management process. The risk oversight process enables the board and management to develop a mutual understanding regarding the risks the company faces over time as it executes its business model for creating enterprise value. A board has the flexibility to organize itself in a manner that makes sense in view of its company’s size, structure, complexity and risk profile, making risk oversight a high priority for today’s boards of directors.

This issue of Board Perspectives: Risk Oversight outlines questions for board members to consider as they seek to clarify their risk oversight responsibilities.

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