An organization's capability to implement a risk management framework is PRIMARILY influenced by the:
An organization's capability to implement a risk management framework is PRIMARILY influenced by the:
The capability of an organization to implement a risk management framework is primarily influenced by the maturity of its risk culture. A mature risk culture ensures that risk management principles are integrated into decision-making processes, supported at all levels of the organization, and consistently applied. This is crucial for the successful implementation and sustainability of a risk management framework.
A mature risk culture indicates that the organization values risk management, integrates it into its decision-making processes, and supports it at all levels. It ensures that risk management principles are consistently applied, embraced by employees, and supported by management, which is crucial for the successful implementation of a risk management framework.
My first thought was D too but now leaning towards B, It starts with approval of senior management.
Going with B.
I would second that. D
An organization's capability to implement a risk management framework is PRIMARILY influenced by its culture, leadership, and commitment to risk management.
Your comment seems to almost back B more than D. Approval of mgmt vs leadership and commitment?