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by James Robert Lay on May 4, 2022
Brief Summary of Episode #190
Risk management isn’t particularly sexy.
I’ve often thought of it as the guest who shows up to a cocktail hour in sweatpants.
It’s the elephant in the room that a lot of people don’t want to acknowledge.
But by addressing it early, we can ease tension and avoid potential barriers to innovation.
Amanda Cohen, masterfully pointed out: we mitigate risk exposure by promoting risk intelligence. We do so by preparing for the unknowns before they trip us up.
Amanda is the director of GRC products at Resolver a global leader in risk management transformation. As a veteran in the GRC space, she brings valuable insight into how teams should approach regulation.
She gives her thoughts on why some key metrics are often overlooked in regard to risk awareness.
We also talk about how institutions can transform internal attitudes toward GRC.
Risks don’t have to be a feared unknown.
Sometimes you just have to dig deeper to discover what you may be missing.
In this episode, we tackle risk management head-on and show that even if it starts as that unwelcome guest, we can make a friend and ally on our digital growth journey if we just know how to approach them.
Key Insights and Takeaways
- How clarity can ease tensions when dealing with risk management
- Why inadequate marketing strategies often lead to compliance failures
- How your institution can transform attitudes regarding GRC