The key to promoting a strong risk culture within your organization is to tie risk to strategy, which engages the board and C-suite.

Follow up high-level engagement on risk management topics with effective and targeted training for all employees. Lastly, build a strong speak-up culture that encourages employees to report when things go wrong.

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...