Scott Bridgen is the General Manager of the Audit and Risk Division at Diligent. Scott brings a wealth of experience and unique insights into the critical role of financial and risk oversight in the public sector.

In this episode, we talked about how public sector boards can manage their financial resources responsibly and effectively identify, mitigate and monitor risks. Scott highlights the need for a risk-aware culture that focuses on objectives and potential obstacles, rather than just the term ‘risk.’

He also advocates for transparency and clear communication with your community to build trust, and the importance of speaking to that audience in a way that they’re going to understand. Scott and I also explored leveraging technology for oversight, such as the Diligent One platform, how to manage and present risk information efficiently, and ensure a single source of truth for operational effectiveness.

Stick around to the end of the conversation to find out what advice he gives for boards that realize they don’t have a good handle on risks. 

Further resources on financial oversight and risk management for public facing boards

You can find the financial oversight guide mentioned on the podcast along with other useful resources at www.diligent.com/leadingwithpurpose.