Any research at all about the success of an enterprise risk management program, or any risk management program for that matter, points to the CEO's support.
Without that, the risk manager has little chance of implementing a program with any impact to speak of. Without out the blessing of the C-level, most safety or other programs a risk manager tries to implement will be shelved by department managers who are too often underfunded and understaffed.
I was reminded of this fact today, reading a white paper by Allianz, titled “Preventing Water Damage: What Risk and Construction Project Managers Need to Know.”
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