Home News Institute of Strategic Risk Management formed to “understand complex threats of modern world”

Institute of Strategic Risk Management formed to “understand complex threats of modern world”

by Brian Sims

The Institute of Strategic Risk Management (ISRM) has been established in order to create a global centre where practitioners, academics and policy-makers can come together to share information, help progress and promote the underlying understanding and capabilities associated with strategic risk and crisis management and also develop their own personal and professional networks.

The scale, range and nature of the emergent threats that the world is facing are changing at a pace that can make it somewhat difficult for professionals to model, prepare for and/or respond to them. On that basis, it’s the firmly held belief of the ISRM that there’s a need to explore in great detail the issues surrounding the development of the range of multiple-stakeholder frameworks, policies and capabilities that will be necessary in order to face up to and successfully engage with threats as time passes.

Lack of awareness

David Rubens DSyRM CSyP FISRM

David Rubens DSyRM CSyP FISRM

ISRM executive director David Rubens DSyRM CSyP FISRM said: “It’s a sad fact that, even at the highest level of strategic risk and crisis management, whether in corporate, Government or other sectors, there can be a lack of awareness of the huge amount of academic work that has been done around many of the critical issues that are central to the challenges we’re facing today, whether it’s in terms of Command and Control, multi-agency integration, communications and information exchange, critical decision-making, training and exercising or the fundamental paradigm change from agency-led crisis management to community-based resilience.”

Rubens continued: “At the same time, the ISRM is aware of the vast numbers of people across the world who are being given responsibility for increasingly complex risk, resilience, business continuity, emergency response and crisis management operations, and for which they often feel they’ve not been given the appropriate level of preparation or support. For all of these people, too, the ISRM is committed to providing a natural home where experiences can be compared, personal and professional development can be actively supported and friendships can be forged.”

Overall, the objective is that the ISRM will be an institution where there’ll be the feeling of being part of a global community in which all constituent members are focused on the same objectives – understanding how they can create safety and security for the organisations with which the are directly involved as well as for wider society.

Rubens added: “The ISRM offers you an opportunity to take part in world-class training, gain formal qualifications, enjoy social events, develop professional networks and, if you wish to do so, to take an active part in developing and supporting the organisation wherever in the world you may reside.”

Requirement for a strategic approach

Lord Toby Harris

Lord Toby Harris

Lord Toby Harris FISRM is president of the ISRM. He stated: “Managing risk is something all businesses and organisations have to do. It’s rarely an optional nice-to-have, yet in all of the senior roles I’ve had, I continue to be surprised by how silo-driven many risk assessments are in the real world. Individual weaknesses and threats are identified and a series of mitigations are listed, but very rarely is a strategic approach taken.”

Lord Harris continued: “The sheer connectedness and interdependence of systems means that the focus on an individual risk without recognising its collateral impact on others is likely to make those mitigations both futile and insufficient. The risk landscape must be looked at as a whole.  To put it simply, what’s required is strategic risk management. That’s why I believe that this Institute can make such a huge contribution by promoting good practice in the field, raising skills, sharing information and expertise and, above all, by promoting the highest level of professionalism in the strategic management of security and risk.”

Lord Harris is one of the most experienced and respected authorities on national level policing and counter-terrorism in the UK. He’s currently chair of the Independent Reference Group at the National Crime Agency, was a member of the Joint Committee on the National Security Strategy from 2010 to 2014 (where he was reappointed for a second term in 2016), served as the first chair of the Metropolitan Police Authority and was appointed as the Home Secretary’s representative on that Authority to oversee the national and international responsibilities of the Metropolitan Police Service (primarily in respect of its role in counter-terrorism and security).

Lord Harris is also chair of the Advisory Council of the City Security and Resilience Network (CSARN).

Under the presidency of Lord Toby Harris, the ISRM’s Global Advisory Council represents some of the leading corporate, academic and policy-making institutions in the world. Members come from Australia, Azerbaijan, Canada, Chile, India, Ireland, Jordan, KSA, Spain, Switzerland, UAE, the UK and the US.

Involvement at IFSEC International 2019

The ISRM will be hosting a one-day Symposium as part of IFSEC International 2019. Entitled ‘Crisis 2030: It Starts Now…’, this will act as the launch event for the ISRM’s Manifesto: Crisis 2030.

The Symposium will consist of a mixture of presentations, panel sessions and Q&A sessions, and will give an opportunity for all participants, both presenters and attendees, to explore some of the issues around preparing for the challenging risks that will undoubtedly continue to grow and develop over the next decade and more.

Membership fees and benefits

Membership fees have been kept as low as possible to encourage participation from members of the security, risk and crisis management communities across the world. Membership is £100 per year and affords the post-nominals MISRM. Student membership is £50.00 per year and open to anyone enrolled on a university programme.

There’s also a special student membership rate of £20 per year for those students from low GDP regions.

Official ISRM launch event

The launch event for the ISRM will be hosted by Deloitte at the Deloitte Academy, 1 New Street Square, London EC4A 3HQ on Thursday 28 March. The event will be a networking reception from 6.00 pm until 8.00 pm. There will be a brief introductory presentation from Lord Harris.

The event is free to attend, but interested parties will need to reserve their place in advance. Access this link: https://lnkd.in/eufcQPu. Places are limited and will be allocated on a first come, first served basis.

*For further information on the ISRM visit www.theisrm.org

**Visit the ISRM’s LinkedIn Group page at https://www.linkedin.com/groups/8738097/

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