Revamping Risk Culture in the Digital Age
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Board Perspectives: Risk Oversight, Issue 121 - Nurturing Innovation and Creativity for Survival
Taking risk means more than introducing new products and entering new markets. It entails becoming more innovative in reimagining processes, disrupting business models, and even reinventing the organization itself. In the digital age, the board has an important role to play in strengthening and nurturing the risk culture that facilitates the initiative, creativity and digital thinking so critical to success.
This issue of Board Perspectives focuses on why organizations might have to undertake more risk than they may be accustomed to taking if they are to survive.