Risk Culture and Risk Attitude

Risk culture and risk attitude 1
Risk Culture and Risk Attitude
Name
Course
Tutor
University
Date

Risk culture and risk attitude 2
Executive summary
This report is centered on understanding how risk culture and risk attitude are connected
in risk management by addressing the impact of attitude on culture. Moreover, it discusses the
importance of having a risk culture in place as well as explaining best practices of a successful
risk culture

Risk culture and risk attitude 3
Table of Contents
Executive summary.........................................................................................................................2
Introduction......................................................................................................................................3
How risk attitudes influence risk culture.........................................................................................4
Need to build a good culture............................................................................................................5
Good risk culture.............................................................................................................................7
Involves stakeholders...................................................................................................................7
Tone from leaders........................................................................................................................7
Communication............................................................................................................................8
Clear risk management policies...................................................................................................8
Continuous monitoring................................................................................................................8
Conclusion.......................................................................................................................................9