IRM GRC SIG session on 1 May has Dr David Hillson talking about A-B-C meeting GRC

You can now book your place for the next IRM GRC Special Interest Group (SIG) session on 1 May at http://bit.ly/1dMZgIv

This session continues the SIG’s exploration into risk culture and the possible role it plays in effectively orchestrating governance, risk and compliance activities.

It covers David’s latest thinking on risk culture, followed by a discussion about its relevance to GRC, or not.  Specifically it examines the links between risk culture and GRC implementation, based on the A-B-C Model (ie Attitudes-Behaviour-Culture).

Some people see GRC as a set of external Behaviours, but of course these are driven by individual Attitudes as well as not by focusing only on the external B, but by also addressing the A and C – right?

Overview:

Everyone knows that culture is important – but why?  What about risk culture?  What should you do if your project or organisation is too “risk-averse”?

Starting from first principles, this presentation unpacks the key characteristics of culture, explaining what it is – and what it is not.  Culture arises from repeated Behaviour – if we do the same things over and over again we will develop a shared approach to “how we do things around here”.  But behaviour is based on our underlying Attitudes – how we think shapes our actions.  This gives us the A-B-C model of culture: Attitudes shape Behaviour which forms Culture.  There are also feedback loops as the prevailing Culture also influences how we think and act.

The A-B-C model is also true of our approach to risk.  If we want to develop a risk-mature culture, we need to behave in an appropriate way towards risk.  But this in turn will be driven by our risk attitudes.

This presentation explores the central role of risk attitude as a key underlying driver of risk behaviour and risk culture, and shows how to change risk culture by actively managing risk attitude.

Biography:

Dr David Hillson is The Risk Doctor, and Director of The Risk Doctor Partnership. He is recognised internationally as a leading thinker and expert practitioner in risk management. He writes and speaks widely on the topic, with nine books and many papers.

David Hillson has been working in the area of risk culture, risk appetite and risk attitude for about a decade, and has published his ground-breaking insights on these topics in a range of books.

You can book your place NOW using this link: http://bit.ly/1dMZgIv, either for a place in London at the offices of RBS or via our Audio/Weblink.

More… http://www.theirm.org/events/special-interest-groups/governance,-risk-and-compliance/