Communication is the key for risk management professionals to engage leadership, become trusted partners and strategic advisors, according to RIMS’ new professional report ‘The Top Five Steps for Communicating with Executives.’
The newly released RIMS report features case studies from risk professionals. Contributors shared challenges, opportunities and successful strategies for delivering effective risk management communications to senior executives.
Some of the communications tips offered in the report include:
- “You can’t give people too much information,” said Suzanne Christensen, treasurer and head of investor relations and risk at Invesco. “There’s brilliance to simplicity.”
- “Interactions with executives need to be solution-focused and to-the-point,” said Morgan Keane, former the ERM general manager at the Port Authority of New York and New Jersey.
- “The risk manager needs to challenge himself or herself: What are you bringing to the table? In order to get a seat at the table, you have to earn it,” said an ERM leader at a global consumer packaged goods company.”
The Top Five Steps for Communicating with Executives report is available to RIMS Members only for the first 60-days. After the introductory period, it will become available to the broader risk management community. To download the report, visit RIMS Risk Knowledge library at www.RIMS.org/RiskKnowledge