Risk Master

A term from Accenture's research describing organizations that excel at creating value through superior risk management. Risk Masters integrate risk considerations into strategic planning and decision-making processes, deploy sophisticated measurement and analytics capabilities, align risk management across business units, establish C-level risk leadership, infuse risk awareness throughout their culture, and invest in continuous improvement of risk capabilities. The RBPM approach incorporates many characteristics identified in Risk Masters, particularly their focus on creating competitive advantage through risk management.