Difference between revisions of "Culture"

From Open Risk Manual
(Initial Entry)
 
(No difference)

Latest revision as of 09:34, 17 March 2020

Definition

Culture. Sets the tone for an organization, influencing the consciousness of its people. Cultural factors include the integrity, ethical values and competence of the entity’s people: management's philosophy and operating style; the way management assigns authority and responsibility, and organizes and develops its people; and the attention and direction provided by a Board.