Aug 17, 2021
Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.
Joining Justin Smulison today are Ward Ching and Dr. Paul Walker. Ward Ching is a Managing Director at Aon, an Adjunct Professor at the USC Marshall School of Business, the RIMS-CRMP Chairman, and the recipient of the 2018 Harry and Dorothy Goodell Award. Dr. Paul Walker is the James J. Schiro/Zurich Chair in Enterprise Risk Management at St. John’s University and a member of the RIMS Strategic and Enterprise Risk Management Council.
Together, they jointly authored the new RIMS executive report, “Rethinking the Impact of Disruption on Enterprise Risk Management Tools and Processes.” They will also be presenting at the upcoming 2021 RIMS ERM Conference.
In this episode, Ward Ching and Dr. Paul Walker will be discussing their new executive report, the specific drivers of disruption that are unique to 2021, the role that an ERM practitioner should play in managing corporate disruption, and how the disruptive events of the last 18 months have changed the way that they think about conceptualizing risk reports.
Don’t miss out on this exciting dialogue with ERM Leaders!
[:01] About RIMS’s Global Membership.
[:12] About the RIMS buyer’s guide.
[:47] About today’s episode with Ward Ching and Dr. Paul Walker.
[:55] Register now for the upcoming RIMS ERM Conference!
[1:07] Upcoming RIMS current virtual offerings.
[2:12] More about today’s episode with Ward Ching and Dr. Paul Walker.
[3:01] Justin welcomes Ward and Dr. Walker to RIMScast!
[3:08] Ward explains what prompted this new professional report.
[4:18] About the paper that Paul originally wrote, prior to the report.
[5:40] The drivers of disruption that are unique to 2021 (that are highlighted in this new paper).
[10:30] What role can an ERM practitioner play in managing corporate disruption?
[16:18] RIMS announcements: events, opportunities, webinars, and more.
[18:25] How did a disruption like COVID-19 change the way that Ward and Dr. Walker approach authoring or conceptualizing a report? Are they now more mindful of major crises when writing a risk report?
[25:29] Ward and Dr. Walker share what they’re excited about at the upcoming RIMS ERM Conference 2021!
[29:00] Justin thanks Ward Ching and Dr. Paul Walker for joining RIMScast and shares some of the links to look out for in this episode’s show notes!
Mentioned in this Episode:
RIMS Events, Education, and Services:
RIMS Executive Report: “Rethinking the Impact of Disruption on Enterprise Risk Management Tools and Processes”
RIMS ERM Conference 2021 will be held Nov. 11th & 12th in NYC
RIMS Canada Conference 2021: Register for early bird rates!
NEW FOR MEMBERS! RIMS Mobile App
Dr. Shanna McClain’s July 29th, 2021 Address — RIMS Webinar
August 19, 2021 | “Risk Management Technology: Innovations to Get More Out of What You've Got” | Sponsored by Riskonnect
August 26, 2021 | “Increased Dependencies on Third Parties: Addressing Cloud, Vendor, and Business Partner Relationships and Risk” | Sponsored by HITRUST
Sponsored RIMScast Episodes:
“What Could a CRO Do for Your Business?” | Sponsored by Riskonnect
“Hard Reality: A Look at Rising Rates in Property & Excess Casualty” | Sponsored by AXA XL
“Property Valuation Deep Dive” | Sponsored by TÜV SÜD
“Property Loss Control Engineering” | Sponsored by Prudent Insurance Brokers
RIMS-CRMP Exam Prep Virtual Workshops (August 2021) — Gain an edge with the RIMS-CRMP; the only internationally accredited risk management certification!
RIMS Virtual Workshops: Claims Management — Register now for Aug. 23‒24th or Nov. 8‒9th
Spencer’s Risk Manager on Campus Program — Volunteer Today!
Related RIMScast Episodes:
“Disruption and the Digital Age with Ward Ching” (2021)
“Trends and Critical Components to the Risk Management Profession with Ward Ching of Aon”
“Mindset Digital CEO Debra Jasper on Technology, Disruption, Social Media, and Communication”
“The State of ERM with Carol Fox, Former RIMS VP of Strategic Initiatives”
“Risk Quantification and Constructive Criticism with James Lam”
“The Future of ERM with ERM Conference 2020 Keynote Speaker, Dr. Andrea Bonime-Blanc”
Download any episode of RIMScast.
RIMS Publications, Content, and Links:
RIMS Membership — Whether you are a new member or need to transition, be a part of the global risk management community!
On RIMS.org: Strategic & Enterprise Risk Center
RIMS Advisory Services — Ask a Peer
RIMS Coronavirus Information Center
RIMS Risk Leaders Series — New interview with RIMS 2021 Risk Manager of the Year, Michael Harrington!
RIMS-Certified Risk Management Professional (RIMS-CRMP)
RIMS-CRMP Stories — New interview featuring guests, Charles Vu and Steve Pottle!
Spencer Educational Foundation
Want to Learn More?
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