We have all heard the saying "The buck stops here". The Treadwayreport indirectly states that the "buck" stops with the Board ofDirectors and Senior Management. In addition, the Sarbanes-Oxleyact provides both specific requirements and severe punishments fornon-compliance.
For your initial post discuss why the "Tone at the top" of anorganization is essential to a successful Enterprise RiskManagement program. Please be specific in your post and usedetailed examples of the benefits of a strong and focused tone atthe top versus a weak tone at the top.
In your subsequent post(s) discuss how risk management can beintegrated into a company's culture. Give specific examples. Whatare some of the barriers?
