Difference between revisions of "Tone From The Top"
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'''Tone From The Top''' is an expression frequently used in the context of discussing [[Risk Culture]] in a hierarchical organization. | '''Tone From The Top''' is an expression frequently used in the context of discussing [[Risk Culture]] in a hierarchical organization. | ||
| − | The expression highlights a consensus that soft (as | + | The expression highlights a consensus that soft aspects (as distinct and complementary to formal / legal arrangements) of the behavior of senior management or other senior stakeholders may have a significant impact on the corresponding behavior of staff. In turn this impacts the ability of an institution's [[Risk Management]] to manage the variety of risks it is exposed to. |
== See Also == | == See Also == | ||
* [[Legal Risk]] | * [[Legal Risk]] | ||
| + | * [[How To Improve Risk Culture]] | ||
[[Category:Risk Management]] | [[Category:Risk Management]] | ||
Latest revision as of 14:52, 11 August 2021
Definition
Tone From The Top is an expression frequently used in the context of discussing Risk Culture in a hierarchical organization.
The expression highlights a consensus that soft aspects (as distinct and complementary to formal / legal arrangements) of the behavior of senior management or other senior stakeholders may have a significant impact on the corresponding behavior of staff. In turn this impacts the ability of an institution's Risk Management to manage the variety of risks it is exposed to.
