Excellence in Risk Management XV: Maintaining Relevance in the Age of Innovation
Technology is embedded in nearly every aspect of our lives, including in many businesses’ critical functions. The Internet of Things (IoT) ecosystem is growing exponentially, while many organizations are reaping benefits from “going digital..,” An increasing number of companies are exploring the applications of artificial intelligence (AI), blockchain, and other technologies.
At the same time, risk professionals are tasked with answering critical questions about the risks these technologies present. And while they’re generally confident in their ability to answer those questions, their C-suite counterparts are looking for more, according to the 2018 Excellence in Risk Management survey.
This year’s Excellence in Risk Management survey from Marsh and RIMS found risk professionals welcoming their role in innovation and embracing their companies’ digital approach. Download the full report for more on how technology and innovation are changing the perceptions of risk managers.