How to create a culture where everyone considers risk while making decisions, and why doing so is essential for long-term success.
The Internal Revenue Service opened a new line of communication for staff members to privately express worries and hazards to agency management. This is the organization’s most recent effort to encourage a risk-aware culture. The agency has one of the most developed enterprise risk management (ERM) programs in the government. The IRS has equipped itself to identify and manage risks before they materialize into concerns for the agency by enabling its personnel to identify and raise issues as they occur.