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What do you do if your team members in risk management need motivation and inspiration?

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Facing a team in risk management that seems to lack motivation and inspiration can be a significant challenge. Your role as a leader is not only to manage risks but also to energize your team to perform at their best. It's essential to understand that motivation can dwindle in the face of routine tasks or during high-pressure situations, which are common in risk management. To reinvigorate your team's enthusiasm, you'll need to employ a range of strategies that address both individual and collective needs, ensuring that each team member feels valued and engaged in their work.

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Leonardo T.

Head of Compliance | Anti-Money Laundering | Governance | Audit | Specialist in Risk Management and Internal Controls |…
Diogo Nogueira, CPC-A, CPESG

Governan?a, Riscos & Compliance (GRC) | Controles Internos | Auditoria | ESG
Asim Ali Abid - FCCA, CIA

Internal Audit Specialist | Managing Financial & Operational Audits @ Oil and Gas Entity | Governance, Risk Management…

1 Recognize Efforts

To boost morale in your risk management team, start by acknowledging their hard work and accomplishments. Recognition can be a powerful motivator, and it doesn't always have to be grand gestures. Even small acknowledgments can go a long way. Personalized appreciation that highlights specific contributions reinforces to team members that their efforts are noticed and valued. This can help to build a positive work environment where each member feels encouraged to strive for excellence.

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Diogo Nogueira, CPC-A, CPESG

Governan?a, Riscos & Compliance (GRC) | Controles Internos | Auditoria | ESG
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N?o se deve reconhecer esfor?os apenas para “aumentar a moral” ou com fins motivacionais. O reconhecimento de esfor?os é algo que deve ser abordado constantemente, da mesma maneira que pontos de melhoria/aten??o. A consequencia disso é que gera engajamento e estabilidade emocional dos membros.

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Asim Ali Abid - FCCA, CIA

Internal Audit Specialist | Managing Financial & Operational Audits @ Oil and Gas Entity | Governance, Risk Management & Control.
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Recognizing the hard work and achievements of your risk management team is key to fostering a positive work environment. Small gestures of appreciation go a long way in motivating and encouraging team members to continue striving for excellence. Personalized acknowledgment reinforces the value of their contributions and strengthens team morale.

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Dina Brandwein

Ask me how to keep your real estate safe
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Recognition Recognition Recognition is all I see it boiling down to. Some mornings walking in with a Starbucks latte is it all takes, except for the caffeine drive, it's a small gesture but the motivation it leads to surprises me again and again.

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Vaibhav Pandya, CISSP?,CCISO?,CCIO,CEH?,ITIL,PRINCE2

Protecting Your Business | CISO | Information Security & Risk Leader /Advisor with 23+ years of experience | Investor and Cybersecurity Expert ??| Mentor
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Encourage a culture of acknowledgment and reward for accomplishments in order to encourage and motivate team members in risk management. Offer chances for skill development and career advancement. Set a good example and show that you are passionate about your profession. Plan team-building exercises to raise spirits. Recall that risk management itself can be an adventure—it all comes down to spotting the hidden gem amid the chaos! "Recognition is the fuel that drives high performance." - Tony Robbins.

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2 Set Clear Goals

Clarity in objectives is crucial for motivation. Ensure that your risk management team understands the goals they are working towards and how their individual roles contribute to the bigger picture. Setting SMART goals—Specific, Measurable, Achievable, Relevant, and Time-bound—can provide direction and a sense of purpose. When team members see the impact of their work, they are more likely to be motivated and take ownership of their responsibilities.

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Diogo Nogueira, CPC-A, CPESG

Governan?a, Riscos & Compliance (GRC) | Controles Internos | Auditoria | ESG
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Estabelecimento de metas claras mas alcan?áveis é fundamental para que n?o haja equipes e pessoas desmotivadas. N?o adianta inserir metas que n?o s?o factiveis de cumprir, isso n?o é saudável e tampouco motivador, pelo contrário. Metas impossíveis certamente v?o gerar frustra??es quando do seu n?o atingimento.

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Asim Ali Abid - FCCA, CIA

Internal Audit Specialist | Managing Financial & Operational Audits @ Oil and Gas Entity | Governance, Risk Management & Control.
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Clear objectives are vital for motivating your risk management team. Make sure they grasp the goals and how their roles fit into the larger mission. Setting SMART goals provides direction and purpose, enhancing motivation and accountability. When team members understand the impact of their work, they're empowered to take ownership of their responsibilities.

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3 Provide Growth

People are motivated when they see a path for growth and development. In risk management, it's important to offer opportunities for professional development that can help team members advance their skills. Encourage them to take on new challenges and support them with the necessary training and resources. When team members feel they are growing and learning, their engagement and motivation levels are likely to increase.

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Asim Ali Abid - FCCA, CIA

Internal Audit Specialist | Managing Financial & Operational Audits @ Oil and Gas Entity | Governance, Risk Management & Control.
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Providing avenues for growth and development is crucial for motivating your risk management team. Offer opportunities for professional advancement and skill enhancement. Encourage them to tackle new challenges and provide the necessary training and resources. When team members feel they're growing and learning, their engagement and motivation soar.

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Diogo Nogueira, CPC-A, CPESG

Governan?a, Riscos & Compliance (GRC) | Controles Internos | Auditoria | ESG
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Proporcionar crescimento ao time e gestores de riscos, num geral, também é alicerce de crescimento. Investir em treinamentos, capacita??es, projetos com bons desafios, assun??o de novos desafios, delega??o de atividades gerenciais, entre outros, é muito importante para quem busca motiva??o e engajamento dos seus liderados.

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4 Foster Teamwork

Creating a collaborative atmosphere can inspire and motivate your risk management team. Encourage open communication and the sharing of ideas. Team-building activities that are not directly related to work can also strengthen bonds and improve morale. When team members feel like they are part of a supportive community, they are more inclined to contribute positively and take pride in their collective achievements.

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Asim Ali Abid - FCCA, CIA

Internal Audit Specialist | Managing Financial & Operational Audits @ Oil and Gas Entity | Governance, Risk Management & Control.
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Fostering collaboration within your risk management team is key to motivation. Promote open communication and idea sharing to inspire innovation. Non-work-related team-building activities can strengthen bonds and boost morale. When team members feel part of a supportive community, they're more likely to contribute positively and take pride in collective achievements.

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5 Offer Incentives

Incentives can serve as effective motivators for your risk management team. These can range from financial bonuses to extra days off or even public recognition. Tailor incentives to meet the desires and needs of your team members. It's important that these rewards are attainable and directly tied to performance or achievements, as this will encourage continued effort and dedication to excellence in managing risks.

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6 Listen Actively

Lastly, take the time to listen to your team members. Active listening shows that you value their opinions and are open to feedback. This can lead to improvements in processes and the work environment, which in turn can boost motivation. By fostering an atmosphere where team members feel heard, you create a culture of respect and continuous improvement, which is essential for a motivated risk management team.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Leonardo T.

Head of Compliance | Anti-Money Laundering | Governance | Audit | Specialist in Risk Management and Internal Controls | Fraud Prevention | Information Security | Privacy and Data Protection
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Uma vez no trabalho precisávamos conectar mais o time, incluindo a lideran?a, em termos de inspira??o e motiva??o para trabalhos em equipe. Havia uma sensa??o de que a colabora??o precisava de energia. Dentre as a??es, uma delas foi um exercício com fotografias. Todos foram convidados a escolherem imagens que representassem algum momento de sua vida. Ent?o, foi promovida uma roda informal de conversa e cada colega da equipe apresentou sua fotografia e compartilhou sua história, seu momento afetivo, desafio ou conquista. Foi incrível o resultado!! Percebemos o quanto era possível se identificar com outras histórias e o quanto as barreiras nos impediam de colaborar!! Com empatia, emo??o e histórias surpreendentes as conex?es aconteceram!!

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What do you do if your team members in risk management need motivation and inspiration?

1

2

3

4

5

6

7

1 Recognize Efforts

2 Set Clear Goals

3 Provide Growth

4 Foster Teamwork

5 Offer Incentives

6 Listen Actively

7 Here’s what else to consider

Risk Management

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What do you do if your team members in risk management need motivation and inspiration?

1

2

3

4

5

6

7

1 Recognize Efforts

2 Set Clear Goals

3 Provide Growth

4 Foster Teamwork

5 Offer Incentives

6 Listen Actively

7 Here’s what else to consider

Risk Management

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