CASE STUDY
Talking at Cross-Purposes
Getting the Basics Right
Synchronising Board, Executive, and Risk Teams for a Greater Purpose
Overview
A Board engaged August Advisory to course-correct a risk management framework redesign that had lost direction. With limited resources and a GRC system project already in motion, we took a step back - aligning strategy, purpose, and values as the true north.
By engaging the Executive Team in real conversations about the value of risk, we identified pain points and built a two-phase program that reconnected Risk, the Board, and the business.
Phase 1: Reset the foundations - people, systems, processes, and governance - while reorienting the GRC system project.
Phase 2: Embed risk deeper into the business by focussing on building lasting capability and strengthening resilience.
Solution Delivered
Outcome
A unified Board and Executive, a Risk & Assurance team that knows its role, and greater depth and breadth in risk discussions and actions across the business.
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