Four Ways to Improve Risk Reporting

IF 6.3 2区管理学 Q1 BUSINESS

California Management Review Pub Date : 2021-06-10 DOI:10.1177/00081256211019801

Ruchi Agarwal, Sanjay Kallapur

引用次数: 2

Abstract

Risk reporting is often unconnected with business strategy and performance, and is considered merely as a matter of compliance, which defeats the purpose of risk management. This article describes four best practices of companies that have improved their risk reporting by strengthening the vertical and horizontal communication of risks, reporting near misses, and communicating risk digitally through apps. Better risk reporting involves simplification and incentivization. It enables organizations to improve risk management and risk culture overall.

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改进风险报告的四种方法

风险报告往往与业务战略和绩效无关，仅被视为合规问题，这违背了风险管理的目的。本文介绍了四种公司的最佳实践，它们通过加强风险的纵向和横向沟通、报告未遂事件以及通过应用程序数字化沟通风险，改进了风险报告。更好的风险报告涉及简化和激励。它使组织能够全面改进风险管理和风险文化。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

California Management Review Multiple-

CiteScore

18.40

自引率

3.00%

发文量

期刊介绍： California Management Review (CMR) serves as a vital link between academia and management practice, offering leading-edge research with practical applications. Edited at UC Berkeley’s Haas School of Business, CMR covers a wide range of management topics, including innovation, strategy, sustainable practices, and human resources. CMR ranks among the top management journals globally, distributing articles through outlets like Harvard Business School Publishing and SAGE Publishing. Focused on bridging academia and practice, CMR ensures that all articles are based on rigorous academic research while providing actionable insights for managers. In addition to regular issues, CMR publishes special issues and sections on relevant topics, often guest-edited by leading faculty. Recent special issues have covered dynamic capabilities, city innovation, big data, and intellectual property management.