Competency Skills
Synopsis
Risks are changing and risk management needs to change too. In order to remain relevant and continue to add tangible value to businesses, at StrategicRISK we believe risk management needs to evolve and change. That’s why we’ve launched #ChangingRisk – a campaign promoting new thinking in risk.
Agenda
William Sanders, publisher, StrategicRISK
While corporations, boardrooms and risk managers worry about the things we see in front of us, like buildings, fires, faulty products, or HR issues, very little consideration is given to less obvious risks such intellectual property, designs and patents, trademarks, computer code, and of course, data. With the value of intangible assets set to outstripping tangible, how should risk managers be protecting the things they can’t see?
Paul Adams, chief executive, EverEdge
A collapse in corporate culture is the root cause of 78% of all crises. In other words, it starts ‘at home’. Leadership teams need to understand how decision making that is not deeply rooted in a shared culture of values and ownership, increases internal threats, vulnerabilities and risks and ultimately, they erupt into external crises. Alan Hilburg, New York Times bestselling author on Leadership, will share insights on new approaches to manage culturally-created risks in a volatile and complex world via five management strategies that protect stakeholder trust and business continuity.
Alan Hilburg, president, Hilburg Associates
Sheri Wilbanks addresses the evolving risks associated with mobile, remote, and freelance resources in today’s workforce. As workplaces go agile and more employees work from home, will the traditional methods of workplace security and safety still apply? Additionally, how do operations address the challenges in ensuring the security of assets and information when leveraging “gig” resources?
Sheri Wilbanks, global innovation lead for client service development, AIG
As the famous saying goes: “Be the change that you wish to see in this world’. As risk management today sits on the precipice of change, this quote rings incredibly true. Suchitra Narayanan shares her views on where next for the risk profession.
Suchitra Narayanan, former head of risk and insurance, AirAsia
Today, the unpredictability is shifting the risk paradigm from well-managed corporate risk practices to a broader strategy that includes business and digital risks. As the business world undergoes digital transformation and adapts to new ways of conducting business, digital risk management has emerged as an essential skillset for organisations that depend on digital processes and models to operate. Enterprise risk management is therefore about elevating business and digital risk management as business enablers to exploit opportunities in a digital future.
James Fong, RSA Archer GRC Solution Leader, Asia-Pacific & Japan, RSA
As our modern working world continues to experience mass-scale changes organisations will be faced with a particularly ominous risk management challenge. How to effectively control high impact risks, borne from a complex inter-connected working world, experiencing ever increasing frequencies of change? Join Warren Black to explore the importance of new generation risk management concepts such as complex systems, disruption, emergence and resilience and what they mean for day to day practices of the modern risk manager.
Warren Black, principal, Complexus
With sustainability and climate change moving up the corporate agenda for many firms, we ask what role risk managers should play in supporting their firm on this growing issue.
Oliver Vale, Head of financial lines, Singapore & Head of Professional Lines, Asia, Zurich
Risk Forum APAC is a great way to hear new ideas as well as being the perfect opportunity to meet with fellow risk professionals. We’ve expanded the networking agenda in 2019 introducing a new Meeting Hub and expanded exhibition.
Risk management forums are awash with opinions on the effectiveness of traditional risk management tools. We explore the alternatives and how these might help risk managers communicate risk more effectively.
Patrick Adam K. Abdullah, vice president, enterprise risk management, Astro Overseas
The risks companies are facing are changing; arguably it is natural that insurance solutions need to change too. Richard Green, Allianz Global & Corporate Specialty examines the growth in intangible risks and explores how alternate risk transfer tools could be the first step in transforming how these new and complex risks are transferred.
Richard Green, regional head of ART, Allianz Global & Corporate Specialty
While many firms have spent a lot of time defining their risk appetite, Gareth Byatt argues that very few have successfully integrated it into decision making. We look at what steps risk managers should take next.
Gareth Byatt, Principal consultant, Risk Insight Consulting
Toggle Content
Embedding risk within an organisation is critical but too often when employees are asked to carry out traditional “risk assessments”, reporting proclivity plummets. Kurt Meyer shares his experience developing RiskTalk at SwissGrid which has transformed not only risk communication but also risk culture across the organisation. The success of this case is rooted in a defined set of values. The Swissgrid case suggests that the risk function should be calling attention to gaps between “to be” and “practised” values -as root causes for significant risks- and ultimately promote and enforce ethical behaviour.
Kurt Meyer, former chief risk officer, SwissGrid and co-CEO, RiskTalk
So you’ve heard some great new ideas on how to change risk management, but how can risk professionals start to affect change? To conclude Risk Forum APAC, we ask a panel of risk managers to share how they intend to implement #ChangingRisk.
Moderator: Eamonn Cunningham, former chief risk officer, Scentre Group/Westfield shopping centres
Nurasyikin Binti Rosni, head of international projects, group risk management, SP Setia
Frashad Shah, head of risk management, Prolintas
Kelvin Wu, group risk and insurance manager, International SOS
Attendees to Risk Forum APAC are invited to join their peers in the exhibition area for drinks and canapes as we also reveal the winners of this year’s StrategicRISK Asia-Pacific Risk Management Awards.