Activity
Align risk culture to ERM
Analyse internal environment ICS ERM
Description
Comment
"Management considers how its risk culture affects and aligns with other elements of enterprise risk management. Where misalignment exists, management may take steps to re-shape the culture – perhaps by rethinking its risk philosophy and risk appetite – or how it applies enterprise risk management."
COSO
Organisation
Responsible role
Management
Responsible
Middle Management
Accountable
Senior Management
Input/Output
Input data
Risk strategy
Company strategy