VIEW: There's never been a better time to be in risk management

IRM Honorary Fellow and statistician Prof Sir David Spiegelhalter (an expert in risk from the University of Cambridge and government adviser), was recently reported by the BBC as saying: “Coronavirus, in effect, has become a game of risk management”. So there’s never been a better time to build resilience for your organisation and engage with the IRM.

As the current global pandemic continues to cause uncertainty for businesses and employees, risk managers are going to be at the forefront of ensuring organisations can survive and adapt during these unprecedented times. There’s never been a more important time to ensure you and your teams are up-to-date on the best practice required to effectively mitigate risks and capitalise on opportunities to save your organisation time and money. There will be many lessons learned and most risk managers are deep in the recovery phase. It’s a case of economic survival for the most adaptable and operationally resilient.

Further to our recent survey on the risk management response to the pandemic, the IRM has drawn on its global network of Special Interest and Regional Groups as well as our global ambassadors to ask them for their views on the ground on how the pandemic is affecting their sector/countries. Now, the IRM Global COVID-19 Risk Management Response report has been published, and readers can learn more about it in the Summer issue of CIR Magazine.

In response to these unprecedented times, we, like many other organisations, have had to adapt our own ways of working and how we deliver our industry-leading training courses. Delivery is now online in virtual classrooms, allowing delegates from anywhere in the world to learn in the comfort of their own homes.

Finally, we would like to put out a call for new members for our new Pandemic Special Interest Group. We are looking for individuals who would be interested in taking a leading role in setting up a group to examine pandemic risk – current and future. If you would like to help shape the profession’s response then please contact including a copy of your CV highlighting relevant experience or interest.

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