Feb 2, 2021
Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.
It’s February 2021, Black History Month. In recognition of this, RIMScast is bringing some fresh perspective on the state of the risk profession when considering Black employees and leadership. Joining Justin Smulison to facilitate this discussion is Tamara “Tammy” Franklin; the Chief Digital Data and Analytics Officer at Marsh. Tammy is also the Executive Sponsor of the African Heritage Employee Resource Group at Marsh.
In this episode, Tammy discusses some of her own experiences in the risk profession and offers her ideas on how employees and companies can successfully invest in Black talent. She shares how 2020 has impacted how companies are investing their time and resources in diversity, equity, and inclusion; some of the risks that have been identified for failing to invest in Black talent; and how we can all do our part in keeping the D&I dialogue alive and well.
Key Takeaways:
[:01] About RIMS’s Global Membership.
[:26] About today’s episode.
[:37] Current RIMS features, offerings, news, and events.
[1:37] More about today’s episode with Tamara “Tammy” Franklin.
[2:11] Justin welcomes Tammy to RIMScast!
[2:19] Tammy shares about her background and career in risk management.
[3:27] When Tammy became a Chief Digital Data and Analytics Officer at Marsh, was that around the time when that title was gaining some notoriety?
[4:23] Tammy shares about her role at Marsh.
[5:20] Tammy’s thoughts on classic industry buzzwords.
[5:53] What Tammy thinks companies should think about and do during Black History Month when it comes to the profession of risk management.
[8:06] How 2020 has impacted how companies are investing their time and resources in diversity, equity, and inclusion.
[9:18] Does Tammy believe that some of the feelings of isolation from quarantining have gone hand-and-hand with some D&I initiatives?
[9:51] How that this “new normal” has become our regular way of life and business, does Tammy believe that the changes we’ve made now will continue on past the pandemic?
[10:45] What are some of the risks that have been identified for failing to invest in Black talent?
[11:30] Does Tammy feel that the risk profession has set a positive tone and meaningful example for Black professionals? Where does she feel that there can be an improvement?
[11:52] What is the best way to set a meaningful example for Black professionals in the risk professional? How can it be done?
[13:46] Tammy is the Executive Sponsor of the African Heritage Employee Resource Group at Marsh. She shares about this group and what it is that they’re doing.
[16:16] Tammy offers suggestions to listeners who want to keep the D&I dialogue alive and well.
[18:14] Should educational institutions be taking a page from what Tammy is doing and make this field known to students in high school and college?
[19:48] When Tammy first joined Marsh, what was her strategy to engage allies and how did she get involved with the Resource Group?
[23:09] Does Tammy feel that Martin Luther King Jr. Day and Black History Month in 2021 are more unique or special than in years’ past?
[24:12] Justin thanks Tamara “Tammy” Franklin for joining RIMScast and shares some of the links to check out in this episode’s show notes!
Mentioned in this Episode:
RIMS Webinars and Services:
Feb. 11th, 2021 | Sponsored by Travelers and Constitution State Services: “What COVID-19 Vaccines Mean for the Workplace in 2021” — Free for members and non-members!
Feb. 18th, 2021 | RIMS Board Governance Task Presents: “Boardroom Diversity in 2021” — This first session will be free for members and non-members!
RIMS Risk Forum 2020 India — Register for On-Demand Content!
RIMS Advisory Services — Ask a Peer
Virtual Workshop — Feb. 5th, 2021: “Leveraging Data and Analytics for Continuous Risk Management” — Register Here!
Related Content:
RIMS Diversity & Inclusion Vision Statement
RIMS Risk Management Talent 2025 Report
Related RIMScast Episodes:
“Diversity Lessons and Looking Forward with RIMS D&I Council”
“Pride Month 2020 with RIMS D&I Council Members, Kevin Thomas, and Victoria Nolan”
“Talking Diversity at the RIMS ERM Conference 2019”
“Key Takeaways from RIMS NeXt Gen Forum 2019”
“Robert Cartwright Jr. on his RIMS Presidency and the Future of RIMS”
Download any episode of RIMScast.
RIMS Publications, Content, and Links:
RIMS Coronavirus Information Center
RIMS-Certified Risk Management Professional (RIMS-CRMP)
RIMS Membership — Whether you are a new member or need to transition, be a part of the global risk management community!
Want to Learn More?
Keep up with the podcast on RIMS.org and listen on iTunes.
Have a question or suggestion? Email: Content@rims.org.
Join the Conversation!
Follow @RIMSorg on Facebook and Twitter, and LinkedIn.
Follow up with Our Guest:
Tamara “Tammy” Franklin’s LinkedIn