Kill the Three Lines Model and adopt what I call the Tri-Partite Model of Risk! In a nutshell, the essence of T-PM is:
- Business decision makers are wholly accountable for the decisions they make.
- The risk function is only responsible for providing advice but is wholly accountable for the quality of that advice.
- And the assurance function is wholly accountable for assessing the effectiveness of the two working together.
This is what is necessary to design success for your risk function and to be part
The impact of the global pandemic, volatile stock markets, and slowed economic outlook across the globe has hurt the performance of enterprises across the world. The scenario has forced leaders to consider undertaking 


