New Report Explores Risk Management’s Move from Defense to Offense
As the risk management profession evolves from a protective function to one that can create value for an organization, RIMS Executive Report “The Evolving Role of the Risk Professional” emphasizes that the need for determined and adept risk leaders to build risk management capabilities at every level of an organization has become an essential component to organizational success.
The new report, released at RIMS Canada Conference, explores the history of risk management, from its evolution from a traditional or defensive approach, to a more advanced, integrated approach, and then to the contemporary risk management discipline known as enterprise risk management that encourages organizations to leverage risks to create value. The report also takes an in-depth look at the responsibilities of today’s risk professional.