Emerging Risks Oversight Model

Help strengthen board oversight of emerging risks and improve visibility into issues that could disrupt strategy, performance or enterprise value. This tool provides practical guidance for identifying, monitoring and communicating emerging risks before they become significant problems. It outlines key principles boards can use to challenge assumptions, evaluate new and evolving risks, monitor changes in risk profiles, and encourage more forward-looking discussions with management. It also highlights ways to increase transparency into major risk exposures, recognize trust positions, address blind spots and build a stronger risk-aware culture across the organization. A set of actionable questions helps boards assess whether management has effective processes for identifying and responding to emerging risks on a timely basis. Rather than focusing only on periodic risk assessments, this tool emphasizes continuous awareness, cross-functional collaboration and proactive governance. It serves as a practical resource for directors, executives and risk leaders who want to improve decision making, strengthen risk oversight, and better prepare their organizations for uncertainty and change.

Key Features:

• Provides six board oversight principles for identifying and managing emerging risks
• Offers practical strategies to improve risk transparency and visibility into major exposures
• Includes guidance for recognizing blind spots, challenging assumptions and monitoring risk trends
• Features board-ready oversight questions to support risk governance discussions and decision making