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The Risk Within
Discipline: Operational Risk, Corporate Risk
First published:
ISBN: 978-1-78272-458-2
In a world where uncertainty is constant, the key to innovative, risk-conscious decision-making and resilience can often lie with an organisation’s people and technology. In The Risk Within: Psychological Safety for Strategic Decision-making, Julien Haye discusses how embedding psychological safety into leadership and governance can create a powerful framework. Risk leaders can then better manage the complexities of risk management, innovation and cultural transformation with integrity, resilience and purpose.
Haye challenges rigid, reactive risk functions that can undermine decision-making. Too often, organisations can invest heavily in risk and compliance but fail to create risk management environments where people feel safe to speak up, challenge assumptions and confidently navigate uncertainty. As a former chief risk officer, a seasoned board adviser and risk expert, Haye understands the vital connections between people, culture and effective risk management.
Through real-world case studies and practical strategies, this book equips executives, board members and risk professionals to build adaptive, high-trust cultures that convert risk from a burden into a competitive advantage.
Contents
Acknowledgements
Introduction
What is psychological safety and how does it impact organisations?
The seven principles of psychological safety in managing risk and uncertainty
Blending transparency, accountability and risk strategy
Empowering teams for effective risk management
Leveraging setbacks for informed risk management
Integrating adaptive and agile risk intelligence with psychological safety
Building a foundation of trust and oversight
Cultivating supportive environments
Organisational maturity assessment
Dealing with multicultural environments
Change management
Establishing the roadmap
Adapting the risk function
Conclusion
A personal ask
Appendix
References