Rims 2016 shaking up the status quo - innovations in risk management
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Sean Murphy, CEO of Lootok, co-presented with Chris de Wolfe, the Director of Risk Management at Mars, Inc., at the RIMS 2016 Conference on innovation in risk management.
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Rims 2016 shaking up the status quo - innovations in risk management
- 1. Shaking up the status quoCAD006 Sean Murphy CEO & President, Lootok Sean is CEO & President of Lootok, an operational risk management consulting firm based in New York. Founded in 2006, Lootok brings a fresh perspective to managing organizational resiliency initiatives including business continuity and crisis management. Chris de Wolfe Director of Corporate Risk, Mars Incorporated Chris is Director of Risk Management at Mars Incorporated. In providing operational risk management direction and leadership to all Mars units worldwide, Chris oversees property loss control, safety audits and liability exposure analyses, international insurance, and business continuity planning activities worldwide.
- 7. CLARIFY THE PROBLEM What Challenges do I face? • Heavy competition • Dynamic environment. • Ever-growing risk environment.
- 8. SEED A CULTURE Build on success We wanted to seed a new culture … Seed a Culture - To “seed a culture” of risk management, we must nurture our community by growing the interest and commitment of its diverse program par>cipants.
- 9. ESTABLISH A PLAN Get from A to B • Assess demand, experience, and story • Build based on demand • Operationalize
- 10. Assess
- 11. How invested are your associates? EVANGELIST Can’t do without it LOYALIST Love it DRAFTEE Don’t care UNAWARE Don’t know ENLISTED Like it
- 13. Embody a brand
- 15. Tell stories
- 16. Be Timely
- 17. Build
- 18. Master schedule & plan
- 20. Socialize
- 22. Be interactive A major snow storm is headed for the New York tri-state area. Expected to bring a combination of snow and ice dropping approximately 6 inches of wintery mix over the next24 hours.
- 23. Be memorable
- 24. Be visual
- 25. Be measurable
- 26. Operationalize
- 27. Self service & automation
- 28. Streamlining
- 29. Profit from the core
- 32. Questions Sean Murphy CEO & President, Lootok Sean is CEO & President of Lootok, an operational risk management consulting firm based in New York. Founded in 2006, Lootok brings a fresh perspective to managing organizational resiliency initiatives including business continuity and crisis management. Chris de Wolfe Director of Corporate Risk, Mars Incorporated Chris is Director of Risk Management at Mars Incorporated. In providing operational risk management direction and leadership to all Mars units worldwide, Chris oversees property loss control, safety audits and liability exposure analyses, international insurance, and business continuity planning activities worldwide.