In today's chat, Brett and I discuss the importance of controls in risk management - and specifically, critical controls.

These are the controls that if missing or ineffective, will almost certainly lead to the risk eventuating, or if a mitigating control, the consequences being worse than they needed to be.

Key to having a great control environment is providing assurance that the controls are in place and effective - for some critical controls, such as the Business Resilience arrangements for the organisation,  this is best tested using facilitated exercises / scenarios.

Enjoy this episode and don't forget to keep submitting your ideas for future podcast chats, or guest interviews via the ABM Risk Partnership website.
 

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