Home News ‘The Big Debate’: The Institute of Risk Management launches ‘Risk Agenda 2025’ project

‘The Big Debate’: The Institute of Risk Management launches ‘Risk Agenda 2025’ project

by Brian Sims

The Institute of Risk Management (IRM) is celebrating the 30th Anniversary of its founding by exploring the future direction that the profession of risk management is likely to take. Risk Agenda 2025 is launched with a survey into the future of risk management and how IRM members and stakeholders feel the profession will shape up in years to come. The project also involves a series of interviews, Regional Roadshows and online debates.

The publication of Perspectives on the Future of Risk marks the beginning of the IRM’s Risk Agenda 2025 project. The purpose of this initiative is to stimulate debate within the risk community by examining how enterprise risk management might be delivered in 2025 and, by then, proposing different ways in which the risk management profession might prepare itself for possible future scenarios.

The contribution of IRM members and other stakeholders will be absolutely critical in terms of the quality and inclusiveness of the project’s output.

Risk management professionals can take part in the project by completing the Risk Agenda 2025 Survey, attending one of the Regional Roadshows, participating in online debates via the IRM’s LinkedIn Group and being present at the annual Risk Leaders Conference in November, where the full survey results will be announced and debated.

A website supporting the project can be accessed at https://www.theirm.org/thebigdebate. It’s here that risk management professionals will find links to the survey, information on how to book for a Regional Roadshow, be able to read contributions to the debate provided by experts and other interested parties and much more.

Initial findings from the survey will also be presented at the Active Risk Manager Conference to be run by Sword Active Risk in London on Thursday 22 June (see www.armgcc.com/london for further details).

Future direction of the sector

Clive Thompson CFIRM (an IRM Board member, chair of the Risk Agenda 2025 project group and project director at Willis Towers Watson) said: “I urge Institute members and others with an interest in our future to be involved. Visit our website, complete our Risk Agenda 2025 Survey, attend Workshops and events and express your views. Your opinions and suggestions will feed into the overall conversation on the future direction of our industry and inform the IRM’s thinking and strategy in the years to come.”

Thompson continued: “I want to thank the people who have given their time and effort to make this document possible: Richard Archer at BT Business, Gabriel Bernardino of the European Insurance and Occupational Pensions Authority, Sarah Blackburn at NHS Digital, Dame Judith Hackitt of EEF, Mark Goyder of Tomorrow’s Company, Iain Pickard of Strategia Worldwide and Peter Swabey of the ICSA, the Governance Institute. We’ve worked with Sword Active Risk as our technology partner on this project and we’re very grateful for their support.”

Keith Ricketts, vice-president of marketing at Sword Active Risk, responded: “Sword Active Risk is delighted to be part of the IRM’s research project. Such research provides an important long-run perspective on the issues and opportunities facing today’s risk professionals and the risk landscape as a whole. As a company, we believe in innovation. The way in which to attain this is to fund research and learn from the facts presented. Ultimately, the IRM’s research is helping to create new knowledge for us all.”

*Risk UK’s readers can follow the debate on Twitter (#RiskAgenda2025 and @irmglobal) and LinkedIn

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