Sponsored byExecutives and senior leadership are often compensated based on the performance of the organizations they lead. Profitability and revenue growth are key metrics that determine compensation, but how does incentive compensation impact risk management?
In light of the tragic Ethiopian Airlines and Lion Air crashes, and recent reports of Boeing whistle-blowers complaining of safety violations made in the interest of meeting tight manufacturing deadlines, we ask the experts: Could we have avoided these fatal crashes if Boeing leadership was incentivized by safety instead of profit?
In this webinar, our experts will discuss:
- How to align incentives with risk management
- How to design internal controls to mitigate self-serving, profit-seeking behaviour
- How to enable an enterprise-wide risk culture by tying risk management to incentives
- The key metrics to consider when assessing risk-based compensation