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Oct 4, 2022

Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.


Only five more weeks until the RIMS ERM Conference 2022 (held November 10th‒11th in Indianapolis, IN!) Joining RIMScast today is the opening keynote speaker of the event, Mark A. Pfister!


Mark A. Pfister is the CEO and Chief Board Consultant of M.A. Pfister Strategy Group; an executive advisory firm that serves as a strategic advisory council for executives and Boards in the public, private, and nonprofit sectors. Mark’s popular book, Across The Board: The Modern Architecture Behind an Effective Board of Directors, is an Amazon best-seller with circulation in over 70 countries, influencing an entire new generation of Board Directors.


In this episode, Mark shares a preview of his upcoming keynote at the RIMS ERM Conference titled, “The Strategy of Risk: How Strategy Plays a Direct Role in Risk Realization,” and gives his insights into the evolving role of strategy in risk management.


Key Takeaways:

[:01] About the RIMS Membership.

[:27] About today’s episode and how to save $400 on the Pre-Conference Workshop for RIMS-CRMP Prep!

[:42] About RIMScast.

[:55] About today’s conversation with Mark A. Pfister.

[1:02] Upcoming RIMS webinars, workshops, events, and more!

[2:35] Justin introduces and welcomes Mark A. Pfister to RIMScast!

[3:40] About Mark’s educational and professional background.

[4:48] Why strategy is so important to Mark.

[6:52] How to view and apply strategy in a way that will change the way that you lead.

[8:10] Mark’s thoughts and experiences with the risk profession.

[9:08] How risk and insurance professionals can improve their risk strategies.

[11:35] RIMS plug time!

[13:12] What strategy actually is; Mark gives a preview of his upcoming keynote speech.

[14:53] Mark describes his presentation style.

[16:20] Will Mark be taking questions from the audience after his keynote?

[16:37] Has Mark returned to in-person events this year as an attendee or speaker?

[17:54] Justin thanks Mark for joining and shares some of the links to check in today’s show notes!


Mentioned in this Episode:

RIMS Events, Education, and Services:

RIMS ERM Conference 2022 — November 10‒11, 2022 | Indianapolis, IN — Agenda Now Live!

Save $400 on the Pre-Conference Workshop: RIMS-CRMP Prep

Attend the in-person RIMS-CRMP Exam Prep Workshop, November 89. Register for the ERM Conference and select the workshop on the “Additional Purchase Options” page. Your $400 savings will already be applied. Learn more!

The RIMS Strategic & Enterprise Risk Center

RIMS Risk Maturity Model

In-Person Events:

RIMS Events App Apple | Google Play


RIMS Buyers Guide

Contribute to RIMS Risk Management magazine

Dan Kugler Risk Manager on Campus Grant

Sponsor RIMScast: Contact or for more information.

Virtual Workshops:

Managing Cognitive Bias Risk — Oct 11‒12 | 10:30 am‒4:30 pm EST | Registration Closes Oct 10th — Register Now!

Contractual Risk Transfer Canada — Oct. 19‒20 | 12:00 pm‒6:00 pm EST | Registration Closes Oct. 18th — Register Now!

See the full calendar of RIMS Virtual Workshops

Upcoming RIMS Webinars:

“Climate Change Impacts and Opportunities” | Sponsored by AXA XL | Oct. 6, 2022

“Beware of Artificial Intelligence” | Sponsored by Nationwide | Oct. 11, 2022

Related RIMScast Episodes:

“ERM and Employment Trends with Terry Lampropoulos”

“RISKWORLD Keynote Michael C. Bush On Risk and ‘Greatness’”

“RISKWORLD Keynote Rachel Sheerin On How Risk Leaders Can Combat and Harness Burnout”

“Rethinking the Impact of Disruption on ERM Tools and Processes with Ward Ching and Dr. Paul Walker”

“Responsible Raw Materials, Mining, and ESG with Sarah Gordon of Satarla”

“Path to the Boardroom: Resolver CEO Will Anderson’s Journey”

“ESG and the Board with Luke Jacobs of Encamp”

Sponsored RIMScast Episodes:

“Aon’s 2022 Atlantic Hurricane Season Overview” (NEW)

“ESG Through the Risk Lens” | Sponsored by Riskonnect

“A Look at the Cyber Insurance Market” | Sponsored by AXA XL

“How to Reduce Lithium-Ion Battery Fire Risks” | Sponsored by TÜV SÜD

“Managing Global Geopolitical Risk in 2022 and Beyond” | Sponsored by AXA XL

Keeping Subcontractors Safe Through Partner Elevation” | Sponsored by Highwire

“ESG: A Responsibility and a Growing Megatrend” | Sponsored by Prudent Insurance Brokers Ltd.

“Focusing on Your Team to Deliver Exceptional Quality and Service to Your Clients”

| Sponsored by Gallagher Bassett

“Bermuda Opportunities in 2022 with BDA Chair Stephen Weinstein” | Sponsored by Bermuda Business Development Agency

“SyncR: A Tool to Enhance Your Risk Quality & Insurance Strategy” | Sponsored by Prudent Insurance Brokers Ltd.

“Navigating the Risk Landscape in 2022” | Sponsored by AXA XL

“Prioritizing People: Expertise and Innovation” | Sponsored by Gallagher Bassett

“Risk Findings for the Industrial & Manufacturing Industry” | Sponsored by Aon

“Establishing the Right Assurance to Request From Business Partners” | Sponsored by HITRUST

“Aon’s 2021 Retail Industry Overview” | Sponsored by Aon

“A Legacy of Resilience” | Sponsored by J.B. Boda Group

“The Golden Era of Insurance” | Sponsored by The Hartford

“Insurance Investigation Trends Happening Now” | Sponsored by Travelers

“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 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!

RIMS Virtual Workshops

Upcoming RIMS Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring RIMS-CRMP Chairman Ward Ching!

Spencer Educational Foundation

RIMS DEI Council

RIMS Path to the Boardroom


Want to Learn More?

Keep up with the podcast on and listen on iTunes.

Have a question or suggestion? Email:


Join the Conversation!

Follow @RIMSorg on Facebook, Twitter, and LinkedIn.


Follow up with Our Guest:

M.A. Pfister Strategy Group

Mark A. Pfister’s LinkedIn

Across The Board: The Modern Architecture Behind an Effective Board of Directors, by Mark A. Pfister


Tweetables (For Social Media Use):


“If we fast-forward to today, I truly am laser-focused in the scene of leadership and board director areas. It’s really a way that I view as making the biggest impact relating to strategy, governance, and leadership.” Mark A. Pfister


“We have to understand that strategy is inextricably linked to governance and risk. You can’t really be good in one and not really focus on the others; they kind of come in this package deal.” Mark A. Pfister


“Strategy [can be applied] in such a way that it will change the way that you lead, it will change the way that you govern, [and] it will change your success in many cases in any position you are in your organization.” Mark A. Pfister


“I think we’re in a period where [strategy is] looked at much differently. I think we have to view strategy as a set of guiding principles that generate a desired pattern of integrated decision making.” Mark A. Pfister