Alex Sidorenko from Risk Academy, discusses that the goal of a risk manager in a non-financial company is to help employees and executives integrate risk analysis into their day-to-day activities and decision-making. However, this can be complex as it involves finding ways to make people want to incorporate risk management into their daily routines. Sending surveys or inviting people to workshops is not sufficient and there needs to be a better approach. The speaker suggests that the Risk Academy YouTube channel provides ideas on how to integrate risk management into day-to-day activities and encourages viewers to subscribe and share their thoughts on the topic.
Key insights
🎯 The ultimate goal of a risk manager in a non-financial company is to help employees and executives integrate risk analysis into their day-to-day activities and decision-making.
🌍 The ultimate goal of risk management is to find a better way to integrate risk into business processes and decisions, rather than relying on infrequent assessments.
Risk management is a critical component of any organization, whether it is a non-financial company or a financial institution. It involves identifying, assessing, and prioritizing potential risks and implementing strategies to mitigate or manage those risks. The ultimate goal of risk management is to protect the organization from potential losses, whether they be financial, reputational, or operational in nature. This can include implementing policies and procedures to minimize the likelihood of risks occurring, as well as having plans in place to respond effectively in the event that a risk does materialize. Effective risk management can help organizations to operate more efficiently and make better-informed decisions, ultimately leading to increased success and profitability. Overall, risk management is an essential practice that should be integrated into the day-to-day activities of all employees and executives in an organization.
The key idea of the video is that the ultimate goal of risk management in a non-financial company is to integrate risk analysis into day-to-day decision-making by providing tools and expertise, despite the challenges of human resistance.
1. 00:00 📝 The ultimate goal of risk management in a non-financial company is to help employees and executives integrate risk analysis into their day-to-day decision-making by providing tools and expertise.
2. 00:59 📝 The ultimate goal of risk management is to integrate it into day-to-day activities, which is challenging due to human nature's resistance to allowing someone to guide and improve risk management in business processes and decisions.
3. 01:38 📝 The ultimate goal of risk management is to sign up for the YouTube channel for risk Academy and watch all the other videos.
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