Risk-based performance three pillars model
Sunday, January 31, 2010 at 11:00PM The Risk-based performance three pillars model is now available. This model follows a familiar structure - Principles, Framework and Process.
Principles
- Begin with strategy, integrating performance and risk management
- Set the tone to enable and sustain the right culture
- Manage the relationship between performance, risk and controls
- Combine hard numbers with expert knowledge & judgement
- Align the change agenda (run, change & transform)
- Embed accountabilities and responsibilities – execution is a team game
- Continually monitor, review and improve








