July 8th 2020

How Culture Impacts Attitudes to Risk – Prof. Anette Mikes’ Slides

On 8th July, Prof. Anette Mikes, from the Oxford Saïd Business School, led a Zoom webinar for PARC members discussing how culture impacts attitudes towards risk. Her slides from the session provide some insights on the implications of the COVID-19 pandemic for the way we manage risk in business, what has changed, what might change back and what might never be the same again.

The big question facing many businesses right now is when to return to the physical workplace. How do you balance the health risk of re-opening with the economic risk of not doing so? Getting this balance right will differentiate the high-performing organisations from the rest. As Anette explains, the attitude to the level and nature of risk people are prepared to take will vary between national and organisational cultures. With such competing cultural values, how should our leaders create and manage consensus? Anette’s current research focuses on the interface between risk management, business ethics and management control.

This resource is available to PARC members only. To access, please log in with your username and password.

If you are not a member of the PARC network and are interested in membership please contact Richard Hargreaves, Commercial Director, on +44 (0) 20 3457 2630 or at richard@parcentre.co.uk.

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