This week on Aevitium: How Do You Take Risk? These 7 Attributes Might Surprise You.
Julien Haye
Transforming Risk into Opportunity—Strategic Risk Leader | Advisor | Speaker | Author | Chair, NED, & Trustee
👋 New to Aevitium? Start here
Welcome! Each week we explore how culture, leadership, and governance shape smarter risk-taking. If this is your first time reading, here are a few essentials to help you catch up:
🔹 From Signals to Systems – How to rebuild trust and challenge into governance
🔹 Risk vs. Control – Why more controls don’t always mean better outcomes
🔹 Risk Oversight Failures – What boards miss and how to improve oversight
🧠 Prefer to listen? Try the RiskMasters podcast for deep dives with global risk leaders.
Featured Article: Mastering the Art of Risk Taking
The 7 Core Attributes of Success
Hello everybody,
I hope your week has started with clarity and focus.
Last week, I introduced the Aevitium Integrated Risk Framework. A model designed to help risk teams move from technical delivery to strategic impact. From activity to influence.
Early responses to our ongoing survey reinforce the need for this shift. So far, 32% of professionals say weak decision integration is the biggest gap when embedding risk management across operational and strategic levels. Another 31% highlight that risk is still seen primarily as assurance.
This tells us what many already feel: risk teams may be present, but they’re not always positioned to shape the decisions that matter.
Many teams meet regulatory expectations but still struggle to shape what matters. They are consulted, but not decisive. Involved, but not embedded.
This week, I’m continuing that conversation by shifting focus. Away from frameworks and structures, and toward something more personal. How we take risk. Not on paper. But in practice.
"Effective risk taking is not reckless. It is informed, collaborative, and grounded in self-awareness." — Julien Haye
This week’s article explores The 7 Core Attributes of Effective Risk Taking and the mindsets that help individuals and teams turn uncertainty into purposeful action.
Whether you are navigating uncertainty yourself or helping others do the same, these attributes offer a practical lens for better risk taking.
Wishing you a week of alignment, insight, and momentum.
Best, Julien
READ THE FULL ARTICLE - 🔗 https://www.aevitium.com/post/effective-risk-taking-strategy
🧩 Want to understand how your team approaches risk?
Our Risk Leadership Diagnostic helps you assess whether your current mindset, behaviours, and culture support effective risk taking. If you're looking to build alignment, clarity, and strategic influence, this is a good place to start.
EXPLORE THE RISK LEADERSHIP DIAGNOSTIC - 🔗 https://www.aevitium.com/leadership-behaviour-insight-assessment
This Week’s Additional Updates & Opportunities:
1️⃣ New insights on the Three Lines Model and Governance: 57% of respondents report that remediation duplications across the three lines cost over 10% of their remediation budget. A pilot initiative is now underway to address this—interested in joining?
2️⃣ Book Update: The Risk Within is now available! Early responses suggest that perceived lack of leadership backing makes middle managers hesitate to escalate. The book explores how leadership and trust shape long-term resilience.
3️⃣ RiskMasters Podcast: This week, Brenda Boultwood joins to discuss board leadership, AI, and the future of strategic governance.
4️⃣ Curated Articles: New insights on trust, challenge, blind spots, and aligning risk with strategy.
5️⃣ Upcoming Events & Webinars: From scenario testing to ICAAP and operational resilience—scroll down to explore what’s ahead. Discover two new trainings on crisis management and Basel IV in collaboration with Risk.net.
📩 Stay ahead of the curve—scroll below to explore these resources and opportunities.
Governance Gaps: How Much Budget Is Lost to Duplicate Findings?
In many organisations, risk, audit, compliance and the first line report the same issues but frame them differently. Our latest poll shows that 30% of respondents believe over 20% of their remediation budget is spent fixing the same problems more than once.
📍 30% say they spend over 20% of their budget on duplicate issues
📍 27% estimate the cost between 10–20%
📍 26% report spending less than 10%
📍 18% are unsure, signalling limited visibility over remediation spending
What This Tells Us
This is far more than just a cost issue. It reflects deeper gaps in role clarity and cross-functional alignment. When similar issues are picked up by multiple teams but tackled in isolation, the result is wasted effort, disjointed fixes and a lack of ownership.
Governance works when teams operate with shared visibility, common definitions and coordinated accountability. Without that, duplication becomes a structural risk.
A pilot diagnostic is now in development to help teams identify where duplication happens and how to fix it. Consultations are now underway with CROs across sectors to select a handful of organisations for early participation. If you want to reduce remediation waste and align your lines of defence, this is your opportunity to get involved.
ASK TO JOIN THE PILOT - 🔗 https://www.aevitium.com/contact
📊 Ongoing Poll: Which Line Feels Most Disconnected in Governance?
Middle managers are the cultural carriers of any organisation. They’re close to where risk emerges but far from where decisions are made. Our latest poll shows that 45% of respondents believe lack of leadership backing is the biggest barrier to escalation.
COMPLETE OUR SURVEY - 🔗https://www.linkedin.com/feed/update/urn:li:activity:7343888301814149125?utm_source=share&utm_medium=member_desktop&rcm=ACoAAACPfFMB6H2gmXmX07V0yupet72E9uvZ5kQ
Our latest poll revealed a striking signal:
66% of respondents said the biggest cultural risks in their organisation are silence in meetings and lack of challenge to the status quo.
These are early warnings of misalignment, poor escalation, and blind spots in governance. And they consistently show up across the 3 Lines.
The Risk Within addresses these challenges head-on, with a practical, evidence-based look at how internal dynamics quietly shape governance, decision-making, and long-term resilience.
📖 What You’ll Take Away:
🗳️ Ongoing poll:
This week, we’re exploring what makes middle managers hesitate to escalate. Early responses suggest that perceived lack of leadership backing is part of the story.
If you’ve ever sensed risk isn’t just about systems, but also about people not speaking up; you’re not alone. This book is for you.
"I don’t think risk management is about compliance anymore. I think it’s about enabling a business and enabling a strategy." – Brenda Boultwood
In this CPD-accredited episode of RiskMasters, host Julien Haye welcomes Brenda Boultwood, a seasoned Chief Risk Officer (CRO), economist, board advisor, and tech executive, to explore the evolving nature of risk leadership across industries and geographies. Brenda brings a unique perspective from her work across finance, energy, academia, the IMF, and Silicon Valley.
If you enjoyed this episode, don’t forget to like, follow, and leave a review! Your feedback helps us bring more thought-provoking content and insights from industry leaders.
🎧 Listen to the full episode: https://www.aevitium.com/post/brenda-boultwood-on-riskmasters
🔔 Subscribe now and stay informed on the future of risk.
🎙 On Apple Podcast: https://podcasts.apple.com/gb/podcast/riskmasters/id1709495792?i=1000710473825
🎙 On Spotify: https://open.spotify.com/episode/39kvq1RN8Am7NaPLw1Dbox?si=D6JZEQOhQn6LlBmoU2NXRg
🔄 Enjoyed this week’s issue? Forward it to a colleague who leads on risk, governance, or strategy.
Upcoming Events & Webinars
Join us for upcoming live events that tackle today’s real-world challenges in risk, compliance, and leadership. We added two new events on Basel IV and Crisis Management. Highlights include:
🔹 Scenario Analysis and ICAAP Reporting (02–04 Sept)
🔹 Why Your Risk Strategy Starts with Trust (10 Sept)
🔹 ICAAP Lifecycle and Implementation (16–18 Sept)
🔹 Mastering Operational Resilience (06–08 Oct)
Each session is designed to be practical and engaging.
EXPLORE THE FULL SCHEDULE - 🔗https://www.aevitium.com/risk-events
More Articles from our Risk & Leadership Series
🔗 Risk vs. Control – A Paradigm Shift Required Why more controls don’t always mean better outcomes. Learn how clarity and mindset influence the quality of decision-making.
🔗 Risk Oversight Failures: Lessons from Société Générale, Amazon, and the Boardroom Explore how leadership blind spots and risk aversion at the top can prevent organisations from making bold, informed decisions.
🔗 Risk Certification, The New Normal What does professional risk leadership look like in today’s evolving environment? This article explores how mindset, learning, and credibility intersect.
🎙️ New Podcast Episode: Psychological Safety in Risk Leadership Dominic Bowen sits down with Julien Haye to explore how psychological safety transforms risk management, leadership, and decision-making.
Let's discuss how I could help; book a meeting now!
Should you have any questions or if you'd like to discuss how our services can specifically benefit your organisation, don't hesitate to reach out to me directly at julienhaye@aevitium.com or call me at +44 7700 160052. You can also book a meeting directly by clicking on the button below.
💬 These gaps won’t fix themselves; let’s walk through how your governance compares. We’re helping teams explore where their frameworks and behaviours align and where they don’t.