According to the CRISC Review Manual (Digital Version), the most important consideration when sharing risk management updates with executive management is ensuring relevance toorganizational goals, as this helps to align risk management with business strategy and performance. The risk management updates should:
Highlight the key risks that may affect the achievement of the organizational goals and objectives Demonstrate the value and benefits of risk management in supporting decision making and enhancing business resilience Provide clear and concise information on the current risk profile, risk appetite, risk tolerance and risk exposure of the organization Recommend appropriate risk response actions and resource allocation to address the identified risks Communicate the roles and responsibilities of executive management in overseeing and governing risk management References = CRISC Review Manual (Digital Version), Chapter 4: IT Risk Monitoring and Reporting, Section 4.2: IT Risk Reporting, pp. 221-2221