There are several risk management solutions that organisations can implement to strengthen their organisational culture to create a positive ‘risk culture’ outcome.

These organisational practices include:

1. Create an accountable organisation.
2. Implement the appropriate organisational design.
3. Create awareness of the strategic benefits of risk management.
4. Create an effective risk governance structure.
5. Create an effective risk function.
6. Hire the right personality to head the risk function.
7. Create a just and psychologically safe culture.
8. Formalise informal risk communications.
9. Create clear escalation and reporting pathways and trigger points.
10. Simplify risk management tools, activities, and processes.

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