In this week's episode, we unpack the revolutionary approach of Integrated Risk Thinking (IRT) and how it transforms traditional risk management into a strategic advantage for modern businesses.
• Traditional risk management and GRC often works in silos, missing how interconnected different risks truly are
• IRT is a mindset shift, not just a process or software solution
• Risk insights should be used as strategic intelligence to shape business decisions
• The IRM Navigator™ Model provides structure with four domains: ERM, ORM, TRM, and GRC
• Five core principles of IRT create a foundation: strategic intelligence, cross-functional integration, proactive management, enterprise-wide ownership, and adaptability
• Organizations embracing IRT experience enhanced strategic execution and greater resilience
• The global IRM technology market is projected to grow from $61.6 billion (2025) to $134 billion (2032)
• The biggest risk may not be external threats but the limitations of a fragmented approach to managing them
For more information and resources on Integrated Risk Thinking and the IRM Navigator™ Model, visit wheelhouseadvisors.com.
Visit www.therisktechjournal.com and www.rtj-bridge.com to learn more about the topics discussed in today's episode.
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