Five ways to enhance board oversight of culture

Find out how boards can help management realize culture as a strategic asset , or, in other words , What does it mean to govern culture in this Transformative Age?

Further, the Committee of Sponsoring Organizations’ (COSO) recent update of its enterprise risk management (ERM) framework recognizes the foundational role that culture plays in ERM.

The COSO update suggests that boards should embed culture into discussions about strategy and risk.

It further suggests that boards consider whether the misalignment of desired and actual values and behaviors can represent a risk to the achievement of the organization’s goals and seek assurance that adequate monitoring is in place to enable the board to identify and react to cultural issues in real time

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