The first few months in the chief risk officer role are critical to lay the foundation for success. By practicing six habits, CROs can differentiate themselves from day one. Stepping into the role of chief risk officer (CRO) comes with a lot of questions: Where to start, what to prioritize, and how to make an impact? The way new CROs approach these questions in their earliest months shapes their ability to achieve long-term success. To understand the mindsets, skills, and practices that work best for new CROs, McKinsey conducted in-depth interviews with more than 30 current and former CROs of major…
Accelerating impact from day one: A guide for new CROs
