
Guest Post by Patrick Ow (first posted on CERM ® RISK INSIGHTS – reposted here with permission)
Healthy organisations create an environment where organisational members have mutual trust and respect for each other, especially in terms of how they decide and implement decisions. They create an environment in which organisational members are empowered to deal with their problems and where problems can be identified, discussed, and solved with mutual trust and respect through cooperation and communication amongst themselves.
When there is mutual trust and respect, there will be more teamwork and collaboration. This constructive and collaborative culture will generate a positive ‘risk culture’ and a collaborative approach to risk management. It builds a higher level of risk maturity for the organisation.
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