Proposed Roadmap Model for Developing a Corporate Risk Awareness Culture (Case Study at PT. PNM)


Authors : Ibrahim Salim

Volume/Issue : Volume 6 - 2021, Issue 11 - November

Google Scholar : http://bitly.ws/gu88

Scribd : https://bit.ly/3r8NG4O

Risk Management according to the ISO 31000:2018 standard makes the company's strategic goal in implementing risk management to create and protect value, one of which can be done through the implementation of a risk-aware culture. The IRM Risk Culture Model offers a risk-aware culture model that is reduced to 4 main themes, namely Tone of the Top, Governance, Competency and Decision Making. This study aims to make the IRM Risk Culture Model a model that can be used for the preparation of program proposals and roadmaps for developing a risk-aware culture and its relationship with the ISO 31000:2018 standard used by companies as guidelines for implementing enterprise risk management (Enterprise Risk Management). The results show that the company already has a risk-aware culture policy as outlined in the guidelines for implementing risk management, but it has not been supported by a riskaware culture development program, so the researcher proposes a risk-aware culture development program based on the results of mapping between policies and documents that are already owned by the company. companies with aspects of the IRM Risk Culture Model so that the results of the proposed risk-aware culture development program can be compiled into a proposed development roadmap with the ISO 31000:2018 approach, namely cultural development, cultural deployment, cultural improvement with risk culture influencers grouped according to 4 themes from the IRM Risk Culture Model above, besides that this development roadmap also requires enablers that are prepared based on commitment, communication, measurement and reporting as well as a reward program.

Keywords : Risk Awareness Culture, Risk Management, Enterprise Risk Management (ERM), ISO 31000:2018, IRM Risk Culture Model

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