Risk Culture
Key elements of NAIF’s risk culture are:
- setting the tone from the top through the Board and BARC’s active involvement in the risk management process;
- risk awareness entrenched in day-to-day business processes through recruitment of skilled staff and on going risk and compliance training;
- rewarding appropriate risk taking behaviours and challenging inappropriate behaviours via feedback and performance reviews; and
- adequate disclosure of incidents through incident reporting.
Visit
https://www.transparency.gov.au/annual-reports/northern-australia-infrastructure-facility/reporting-year/2018-2019-33