Culture Matters: Strong Performance Depends on Getting Risk and Work Cultures Right

Larry Senn, who founded the culture-shaping organization Senn Delaney in 1978 and is considered by some to be the “father of corporate culture,” was once quoted as saying, “All organizations have a culture. The only question is do you shape it or does it shape you?” A robust risk culture at a financial institution is critical to ensuring the organization operates in a safe, sound, and ethical manner. At the same time, it helps an organization stay aligned with its objectives, values,…