![]() Organizational learning is supportive of an effective risk culture that in turn is supportive of effective risk management. Learning in this sense is not confined to individuals, but directed more to the organization.īuilding on prior installments of our CRO Series covering the importance of effective board risk oversight and CRO positioning within the organization, this white paper focuses on risk culture because it is a topic in which regulators have a keen interest. ![]() The openness and transparency so necessary to an effective learning environment in managing risk is largely driven by the organization’s risk culture, as there is a circular relationship between the two. Learning is dynamic, ever-evolving, stimulating, and fun, and simply a prudent thing to do when risk is involved. This latest installment of our CRO Series addresses establishing and nurturing a learning culture with regard to risk. Enabling the Chief Risk Officer’s Success
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