For the risk practitioner, supporting the board’s risk oversight duties can be challenging given the broad scope of reporting, the dynamic environment and complexities impacting the organization, and the ongoing challenges the board faces in balancing the expectations of diverse stakeholders who may have competing interests.

Delivering effective reports to the board also requires an understanding of the board’s expectations for risk-related
reporting. It is not enough to merely focus on what risk practitioners want to communicate; there must also be consideration for what the board wants to hear and understand.

This paper will provide practical insights and guidance to risk practitioners responsible for reporting to their organization’s board of directors or other overarching governance committees. The goal is to help ensure that the process is effective at providing the board with the insights and information they need.