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Bridging Strategy and Risk Management

 

NEW YORK (June 7, 2016) — As organizations face an unseen level of change and complexity, risk takers and risk managers will need to come together to address both upside and downside risks, according to RIMS Executive Report, “Risk Taker vs. Risk Manager.” 

 

The newly released RIMS report explores the goals, responsibilities and the value of collaboration between those in the organization charged with pursuing new opportunities and risk professionals. With examples and best practices from leading organizations, the report provides strategies for risk professionals to develop successful relationships with both strategic and operational stakeholders.

 

“Helping executives and organizational leaders make strategic decisions in a more informed way adds significant value and positions risk professionals as strategic advisors,” said RIMS Vice President of Strategic Initiatives Carol Fox. “While there are certainly perceived differences between the risk takers and the risk professionals, the report highlights definite actions and characteristics that practitioners can implement to help build strong, collaborative and productive working relationships.”

 

Authored by Jessica Wasserman, a member of RIMS Strategic Risk Management Development Council and assistant compliance officer at New York University, the “Risk Taker vs. Risk Manager” executive report is now available in RIMS Risk Knowledge library at www.RIMS.org/RiskKnowledge.