CAUSE FOR CONCERN ?
TECHNOLOGY
44 consultants for answers . However , it ’ s the board that will ultimately be held accountable for any failings , so effective communication between risk managers and decision-makers is essential .
Business leaders should therefore focus on creating a culture that not only prioritises risk management , but also one that encourages employees at all levels to engage with the systems they use . This top-down approach is the only way to ensure that everyone is properly prepared for the inevitable shift in ORM ’ s technological architecture and able to mitigate and manage the operational risks of the future .
Some businesses will struggle with what can potentially be a significant change to the way they operate , so shouldn ’ t be afraid to seek expert help on how to manage this transition . Failure to address risk would be a serious error , but mitigating risks in the wrong way can be equally as damaging .
CAUSE FOR CONCERN ?
Future proofing with technology like data analytics and AI shouldn ’ t make employees worry about job security . A company using new technology to
JANUARY 2020