The COVID-19 crisis has shown that risk resilient organizations endure uncertainty instead of being overwhelmed by it. The current global pandemic and myriad risks in today’s global business and economic climate, including opportunity risks, underscores the need for risk professionals on boards of directors. For-profit or not-for-profit companies, regardless of size, must recognize the benefits of having a risk practitioner seated.
The RIMS Board of Directors unanimously approved the formation of the RIMS Path to the Boardroom to develop resources that will prepare risk professionals for board interaction and potential seats. The track will present ways that prospective board members can emphasize to stakeholders the importance of input from risk professionals, and why having a risk professional in the C-suite and on the board is critical to building organizational risk management capabilities. Below are some resources to help you navigate your path to the boardroom:
Clear Communication with the Board
RIMScast host Justin Smulison conducts a special interview with ClearRisk CEO Craig Rowe, ICD.D. They discuss Craig’s own boardroom and risk management experience, what he feels the boards of today really care about and how to deliver the information in a way that will make an impact and help your organization’s bottom line.
The tips are actionable for risk professionals and double as a preview of an upcoming Path To The Boardroom webinar session, “Board Dynamics: Confidence, Communication and Clarity,” which Craig will moderate on October 13, 2021. You can register here.
In the aftermath of the financial crisis, the COVID-19 pandemic has caused boards to rethink their risk oversight. As a result, managing risk has become more top-of-mind as a skill set for board recruitment. And these days, what better site to use than LinkedIn to network if you want to find yourself in a boardroom? Networking virtually is becoming an absolute necessity as more and more professionals go remote.
In this exclusive RIMS interview, career coach Richard Dodson of Navigate Forward discusses the skill sets and personal branding updates you need on your LinkedIn profile to sit on a board or rise to a high position in leadership. He also mentions the most important first steps to take in order to be considered for a board, how to leverage virtual networking, and what you can do to use LinkedIn to procure a board seat.
Risk leaders who currently hold board seats discussed diversity on boards and explored how recruitment practices have evolved to include individuals with more diverse backgrounds and professions. Watch to learn what you can do to better prepare yourself to serve on a board.
SVP, Chief Risk Officer
Soraya Wright, RIMS-CRMP
VP of Strategic Initiatives
Member, RIMS Board;
Managing Director of Risk Management, City of Garland Texas
Independent Board Director
Texas Reliability Entity, Inc.
Myriad risks in today’s global business and economic climate, including the pandemic, have underscored the need for risk professionals to sit on boards of directors, both for-profit and not-for-profit, regardless of size. View this webinar, presented by RIMS Path to the Boardroom Task Force, to learn what it takes to be selected to sit on a board.SPEAKERS:
Independent Director, RiskLens;
President, James Lam & Associates
VP Healthcare & ERM Practice Leader, RGP
East West Bancorp
Director, Board Recruitment & Special Projects
National Association of Corporate Directors