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.
S4E8: Beyond Binders - GRC's Radical Shift to Integrated Risk Management and Enterprise Trust
Governance, Risk, and Compliance (GRC) has undergone a remarkable transformation. What was once the "department of no" – characterized by manual checklists, endless audits, and rooms full of binders – has evolved into a strategic verification backbone powering trust across organizations.
This radical shift positions GRC at the center of Integrated Risk Management (IRM), where policies, controls, and compliance data flow dynamically through organizations to provide real-time assurance. The market reflects this evolution, with GRC projected to grow from $12.1 billion in 2025 to $25.1 billion by 2032 – not as an unavoidable cost, but as a strategic investment that builds market-enhancing trust and enables bolder innovation.
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."
S3E8: The Risk Ignored - Losing the Secret Formula
When Risk Intelligence Is Just a Lie You Tell Yourself
In this episode of The Risk Wheelhouse, Ori Wellington and Sam Jones take listeners deep inside the boardroom drama, technology illusions, and costly consequences that define one of the most revealing chapters in risk history. Drawing from The Risk Ignored Part I, Chapter 4 by John A. Wheeler, they uncover how SunTrust’s billion-dollar implosion wasn’t just a financial disaster—it was a failure of architecture, mindset, and nerve.
And the kicker? The very tools sold to prevent this kind of catastrophe—first-generation GRC platforms—were part of the problem.
S3E3: The Missing M—Why Risk Needs Managers, Not Just Playbooks
The moment a baseball season begins, hope fills the air as teams dream of championship glory. But as any sports fan knows, talented players alone can't win championships—they need strong managers making smart calls and adjusting strategy in real-time. This powerful analogy perfectly captures what's often missing in corporate risk management today.
Many companies believe their Governance, Risk and Compliance (GRC) programs provide comprehensive protection against uncertainty. Yet in practice, these programs frequently amount to little more than documenting potential problems and checking compliance boxes—the equivalent of having a playbook without a coach actively managing the game. This fundamental gap between identifying risks and actively managing them represents the critical difference between traditional GRC approaches and the emerging discipline of Integrated Risk Management (IRM).
S2E10: The Connected Web of Risk: How IRM Delivers Real-World Solutions for Today’s Biggest Challenges
Risk isn’t just something to track—it’s something to actively manage. But too many businesses still rely on outdated, fragmented approaches that leave them exposed to cyber threats, compliance failures, and operational disruptions. In this episode of The Risk Wheelhouse, hosts Ori Wellington and Sam Jones unpack Integrated Risk Management (IRM) as a practical, technology-driven solution that’s helping organizations simplify, automate, and streamline risk management.