Framework
The Risk Committee Effectiveness Survey is based on a comprehensive survey framework of 10 areas that impact the effectiveness of a committee’s oversight and management of risk.
The survey statements included in the Risk Committee Effectiveness Survey cover 98 distinct matters. The survey statements are designed to be penetrating and to encompass good risk management and/or good committee practice in relation to risk. Committee member written responses to four questions add context and improve the usability of the report.
The survey statements have also been designed to integrate with Insync Surveys’ separate Board Risk Survey and Employee Risk Culture Surveys. Significant extra insights are gained by organisations that carry out more than one of Insync Surveys’ integrated risk surveys and one or more of its other board surveys.
The survey framework and the relevant survey statements can be tailored to meet the requirements and specific circumstances of each client.
The ten survey framework areas and the main matters addressed in each framework area are shown below.
