People matter most to the performance—and risk—of your business or organization. Their actions, and their in-actions, can make a good strategy, or a bad one, and can ensure that a good strategy is realized, or not. A great way to manage risk, then, is through keeping a pulse of what your people think and do. And the best and most practical way I’ve found for doing this is through gathering feedback through surveys, assessments, evaluations and reviews.
Whether for internal control, governance, security, privacy, other compliance or due diligence (to name a few), setting a positive environment for feedback, asking questions, and showing that you are ready to take action on the input can help leaders keep their organizations on track and out of trouble.
In future posts I will link you to samples of how to gather and manage information for risk mitigation and performance improvement!