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risk culture

By Norman D. Marks, CPA, CRMA | 3 Minutes Read April 20, 2022

Is there an effective risk culture?

If you want to promote effective management, de-emphasize independence and have the CRO report to the CEO with access to the board. Then hold the CEO (not the CRO) accountable for the effective management of risk and opportunity.

Article by Norman D. Marks, CPA, CRMA / Business, Finance and Accounting / compliance, employee empowerment, organizational culture, risk, risk and opportunity, risk culture, risk management Leave a Comment

By Norman D. Marks, CPA, CRMA | 4 Minutes Read January 6, 2020

Finally some good advice on risk for boards

While I still disagree in some areas, I applaud Jim DeLoach for his latest piece for the (US) National Association of Corporate Directors, Revamping Risk in the Digital Age. Please read the entire piece, but here are points I especially like, with my highlights:

Article by Norman D. Marks, CPA, CRMA / Business, Finance and Accounting, Privacy / enterprise risk management, risk, risk culture, risk management, strategic planning, strategic risk management, successful risk management

By Norman D. Marks, CPA, CRMA | 3 Minutes Read June 10, 2019

A board that would fail any test of its governance practices

I am planning a meeting with the CRO from a company during which I had planned to share some of the principles of effective risk management, based on what is considered world-class, and the governance of risk management by the board.

Article by Norman D. Marks, CPA, CRMA / Business, Finance and Accounting, Information Technology, Privacy / governance plan, governance practices, performance management, risk culture, risk management, risk management strategy, risk to objectives, strategic objectives

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