Time is of the Essence

RIMS President Laura Langone recaps September and gives an update on future RIMS resources and opportunities to for the world's risk management community.

October 07, 2020

As I engage and reconnect with risk professionals around the world and we begin to reflect on the past several months, we all agree: there is nothing more valuable than time. In addition to the time we devote to prepare, assess and adapt to risks for our organizations, we must also devote equal time to ourselves and our professional journeys.   

September was an exceptionally busy month and, before I share what lies ahead for the RIMS community, here is a quick recap.

RIMS Advocacy Week and RIMS Risk Forum Australasia were both fantastic virtual experiences. Advocacy Week welcomed RIMS members from over 30 states and was centered on a regulatory answer for pandemic risk. It was awesome to see this group’s passion as we met with Congressional offices and shared the risk management perspective.  Our colleagues in Australasia, once again, did a remarkable job developing a program that explored some of the most urgent risks facing our organizations. It was a privilege to share my experiences at Airbnb and be a part of the excitement.

RIMS Board Director Patrick Sterling spoke on a Congressional roundtable about PRIA. Lorie Graham, vice chair of RIMS Strategic and Enterprise Risk Council, addressed regulators and C-Suite executives in Hong Kong as they work to understand and eventually implement Own Risk Self Assessment (ORSA) mandates. Lorie’s participation was part of our partnership with the Hong Kong Federation of Insurers that will include future training workshops in the months ahead. The Society announced a new strategic relationship with JB Boda and RIMS CEO Mary Roth spoke at a Confederation of Indian Industry event about ERM’s advantages.

Last month, the Society released two new executive reports.  The first, “Closing the Gaps on Reputational Risk Management” is a collaborative effort between RIMS, Airmic and RepTrak Company. The second report was authored by Teressa Betty, president of RIMS New Zealand and Pacific Islands Chapter, with contributions by members of RIMS Diversity and Inclusion Advisory Council titled, “Understanding and Adapting to Your Remote Workforce.” A very timely paper that addresses team dynamics and inclusiveness in this new remote working environment.

On the horizon, we have two of RIMS most prestigious events. While the look and feel might be different, the content and experience will be just as inspiring.  This month we opened the submission process for speaking sessions at RIMS Annual Conference & Exhibition. And, RIMS ERM Conference is just around the corner on November 4 – 5.

RIMS ERM Conference will be unlike any other virtual conference experience you’ve joined. We have built in those essential networking opportunities, as well as set a stage for leading solution providers to interact with attendees. The agenda is now available and registration is open. Don’t miss this occasion to hear from ERM leaders and learn practical and tangible strategies that have helped lead to their success.

While we’re still living in a mostly virtual world, I wanted to share some outstanding results from our revamped – and now digital – resources.  In the absence of those in-person meetings, interaction on Opis, the Society’s online networking forum, has really picked up. Conversations about day-to-day risk management challenges and strategies are exceeding numbers from 2019 and we only expect this trend to continue. Attendance for the Society’s new lineup of educational programs continues highlight the demand for executive-level content. And, our efforts to enhance the accessibility of the RIMS-CRMP certification program to virtual audiences has resulted in close to 600 global risk professionals entering our pipeline of future certification holders. 

Whether it is the development of a report, education, a conference or any of our other RIMS resources, know that risk professionals, like yourself, are behind it all. Our global community drives these initiatives. I encourage you to get involved and take action. There is no time like the present to focus on you. And, you can trust that RIMS stands ready to support you along the way.

Sincerely,

Laura Langone
RIMS 2020 President

About RIMS

As the preeminent organization dedicated to educating, engaging and advocating for the global risk community, RIMS, the risk management society™, is a not-for-profit organization representing more than 3,500 corporate, industrial, service, nonprofit, charitable and government entities throughout the world. RIMS has a membership of approximately 10,000 risk practitioners who are located in more than 60 countries. 

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