Description

In this episode of the ORX Operational Risk Podcast, host Steve Bishop is joined by Luke Carrivick and Simon Wills delve into the refresh of our Strategic Vision for Operational and Non-Financial Risk (ONFR). The discussions centre on the evolution of the Vision, its significance for the risk management community, and the steps risk leaders can take to strengthen resilience and achieve strategic success through 2026 and beyond.
The updated Vision reflects the changing risk landscape, influenced by factors such as geopolitical volatility, digital transformation, and increased interconnectivity.
 
Key actionable strategies for risk leaders highlighted in the podcast

1. Assess your ONFR framework – ensure alignment with the refreshed Vision.
2. Invest in digital risk management – build technology and leverage AI and data for speed and scale.
3. Engage with peers – participate in ORX forums and the community to share and learn.

Episode resources
Available to all:

• Download the updated ORX Vision: https://orx.org/resource/strategic-vision-operational-non-financial-risk
• Read our blog on ‘How our vision for operational and non-financial risk management has evolved in 2025’: https://orx.org/blog/vision-operational-and-non-financial-risk-managment-evolved-in-2025
• Read our blog on ‘Advancing operational risk management: Insights from RiskMinds’ where we share about the Vision refresh: https://orx.org/blog/advancing-operational-risk-management-insights-from-riskminds

To find out more about ORX Membership, ORX subscription services, and access other operational risk resources, just search ‘ORX’ or visit: www.orx.org.