Can Operational Risk Management (ORM) and Enterprise Risk Management (ERM) work in harmony under the same framework?
Whilst ORM acts as a protective function to mitigate risk, and ERM looks to optimise risk to identify opportunities the 2 functions have many similarities. Join Simon Levy, Chief Executive Officer at the Risk Management Institute of Australasia (RMIA) and Beau Murfitt, Chief People and Strategy Officer at Camms, as they discuss how organisations can implement a process that ensures risk mitigation whilst optimising risk to achieve higher financial returns and drive strategic growth.
Simon is a highly experienced risk professional with 20 years of industry experience in Australasia. He has worked with globally recognised brands and organisations, collaborating closely with senior executives to ensure effective risk mitigation and contributing to strategic intent. Simon is a service-oriented leader who excels at building and executing sustainable frameworks and engaging employees proactively for growth.
Simon’s executive leadership snapshot includes strategy development and execution, team development, financial management, enterprise risk management, and corporate governance. Simon has extensive industry experience in financial services, health and aged care, not for profits and charities, property management, retail, and manufacturing. Simon's unassuming approach has led to shifting entrenched mindsets and leading the maturity of the Risk Profession in Australasia.
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.
Beau has over 20+ years of experience at Camms in roles across product development, customer support, and driving strategic direction as Chief Strategy Officer. He now focuses on all revenue-generating functions and ensuring long-term stability and growth for Camms. With his extensive professional development, including 4 years of TEC membership, and a Bachelor of Economics and MBA, Beau is well-equipped to navigate the GRC market and maximise client benefits from Camms solutions.