In the current commercial and economic climate of the world, it is crucial that boards elevate their focus on risk management. A recent survey conducted by EY revealed that risk management is not always aligned with business strategy and is overly focused on immediate concerns, highlighting the low value placed on risk management’s role in establishing company strategy. So, how can risk professionals help the board understand the significance of risk management and it’s alignment to the broader organisational strategy?
This executive roundtable featured David Turner, Chief Executive Officer at RiskNZ, Regan Smith, Risk Manager at Hastings District Council, Karen Camron, GM of Safety and Business Risk at Main Power NZ, and Dean Rogers, Regional Sales Manager at Camms exploring a blueprint for risk managers to educate their boards on the importance of risk management.
The webinar also explored the benefits of an integrated risk management approach and provided insights on building a successful Governance, Risk, and Compliance (GRC) function.
Risk ownership must sit with the decision makers and the purse string holders. This is just one of the essential ingredients that Karen Cameron promotes when she is helping businesses build and strengthen their risk framework. Providing Boards and Executives with “the perfect measurement” of information is key to bringing them on the risk journey.
Karen has over 25 years’ experience managing risk in Major Hazard environments both in NZ and Australia primarily in explosives, manufacturing and the utilities sectors (gas, water and electricity).
David Turner is a senior business executive and trusted advisor with over 20 years of experience in the risk management industry. David was born in New Sealand and returned in 2016 to work on the Transdev Wellington rail network transition. He now lives in New Sealand permanently and has worked with Deloitte, KPMG, Defence, MOJ and PwC. He brings a unique blend of expertise across diverse areas with a focus on risk management of human behaviour – one of the more complex, dynamic and often over-looked areas of the industry.
Regan’s transition into risk management has been a relatively recent occurrence. Triggered by a couple of significant events at Hastings District Council that highlighted the need for more effective identification and management of risk.
In Regan’s current role as the Risk & Corporate Services manager for the Council, Regan is responsible for leading the Councils enterprise risk management programme, including advising the Council on key areas of risk.
Dean Rogers is a seasoned Regional Sales Manager at Camms with over 20 years of experience in the field of Governance, Risk and Compliance (GRC). He brings to the table a wealth of knowledge and expertise, enabling him to understand the key issues faced by his customers' leadership teams.
Dean is passionate about fostering open and honest conversations with his customers, focused on achieving the business outcomes they require. He works closely with customers to ensure that their critical business goals and risk priorities are clearly communicated, managed, and understood throughout the organisation. With his extensive experience in GRC, Dean is committed to helping his customers navigate complex challenges and implement effective solutions that drive long-term success.