Part I shared some of Roger Estall’s background and experience from working more than 40 years in diverse fields providing practical guidance to help organizations deal with uncertainty. Part II focuses on Roger’s work on an Australian and New Zealand guideline for risk financing, including the use of commercial insurance. Part III focuses on Roger’s new book on decision-making that he co-authored with Grant Purdy.
The Future of Corporate Risk Management: Part II - Building Strong and Healthy Communities
Historically, the corporate risk management department has been based on the partnership engagement model in that the department was viewed as a partner that supplied ancillary services to the core business. Using the COVID 19 pandemic as a backdrop, we will explain why this model has become outdated and how corporate risk management departments can evolve in ways that contribute to the success of the organization.
Lori Siwik and Mark Siwik are the founders of SandRun Risk. They apply the principles of vertical leadership and lean six sigma to the discipline of risk management. From time to time they share their blog with guest authors who write about important risk management principles.