Annual Report 2020

Risk culture

GrandVision’s Risk Management is supported by our risk culture and enhanced by our values and policies. We continue to increase risk awareness through communication and training. Employees at all levels of the organization are expected to be aware of our business principles, which shape how we operate and conduct ourselves. GrandVision’s risk culture is:

  • Disciplined: As a global retailer with more than 7,200 store locations worldwide, discipline, standard operating procedures, policies and a low level of tolerance of deviation are inherent to our company culture.
  • Entrepreneurial: GrandVision continues to drive growth in order to serve even more customers worldwide. We take calculated business risks to keep evolving our business model.
  • Pragmatic: GrandVision avoids bureaucracy and perfectionism, and our culture is driven by effectiveness and cost consciousness.