A breakthrough approach to risk culture of overseeing individual conduct to create a resilient workforce
Future of Work
First 15-20 minutes is for networking Light breakfast included
Hosted by the Human Capital Committee
Establishing a company culture in which employees do the 'right' thing at the 'right' time is critical to an organisation's ability to conduct itself in a manner that is compliant, ethical and serves the interest of regulators, shareholders and consumers.
Industries like the banking sector have imposed stricter standards of corporate governance and risk exposure since the global financial crisis. However, corporate scandals continue to ensnare big names across various industries from pharmaceutical, automotive to retail and consumer companies.
Scandals - often tied to poor employee misconduct – erode corporate values and undermine public trust in quality and safety of products.
With external scrutiny now shifting to culture, conduct & ethics, more senior management are wanting to measure and manage behaviour to ensure that no employee is breaching the company's moral code of conduct.
It is now possible to measure and modify individual behaviours which previously were considered intangible and difficult to define. These are now tangible. The presentation will cover:
Defining what behaviours should be measured and controlled as part of managing the company's Risk Culture Assessing the gap between desired and actual behaviours and identifying root causes Designing remedial activities and checking their impact Discussing who owns Risk Culture in an organisation and how this fits with the company's broader culture and risk appetite
PwC will share new approach and tools to identify, measure and embed behaviour change to bring about a strong risk culture, and share best practices.
The American Chamber of Commerce in HK 1904 Bank of America Tower 12 Harcourt Road Central, Hong Kong