The Risk Wheelhouse Podcast

The Risk Wheelhouse is the podcast dedicated to exploring how RiskTech is reshaping the future of risk management. Hosted by our experts, Ori Wellington and Sam Jones, each episode delves deep into Integrated Risk Management (IRM), offering insights into the latest trends, technologies, and strategies. Join us to stay ahead in the ever-evolving risk landscape and empower your organization with actionable knowledge.

S4E7: The Academic Reckoning of Risk Management
The Risk Ignored, Enterprise Risk Management, GRC, IRM Wheelhouse Advisors The Risk Ignored, Enterprise Risk Management, GRC, IRM Wheelhouse Advisors

S4E7: The Academic Reckoning of Risk Management

Risk management evolution isn't just about new acronyms. It's about organizational survival in an increasingly complex world. When we examine the journey from checkbox compliance to genuine integration, we uncover profound lessons about how businesses navigate danger and why some approaches fundamentally fail when pressure hits.

This deep dive traces the fascinating progression from Governance, Risk and Compliance (GRC) through Enterprise Risk Management (ERM) to today's Integrated Risk Management (IRM) framework. Drawing from John Wheeler's powerful "Risk Ignored" series, we explore how GRC emerged after Sarbanes-Oxley as an elegant solution on paper that quickly collapsed under its own weight. As Norman Marks memorably quipped, GRC often stood for "Governance, Risk Management, and Confusion."

Read More