Don’t lose your job to AI, supercharge your risk management team and level up your AI skills with expert insights and hands-on workshops from industry-leading companies. Register now to benefit from early-bird discount.
Our aim is to empower risk management teams globally with actionable and simple case studies on AI application to improve risk management and decision making. The conference is designed to fit both new and mature risk professionals, from writing a simple risk policy in Gemini to running complex monte-carlo simulations in ChatGPT. Fully online, RAW2024 can be accessed on any device, from any location, and watched unlimited times, ensuring maximum flexibility and convenience.
Join the ranks of over 20,000 risk and decision professionals who have benefited from RISK AWARENESS WEEK over the past five years. By registering early, you gain exclusive access to premium workshops and early bird discounts. RAW2024 is your investment in professional development with hands-on workshops from industry leaders and CPD credits. Will you be part of the revolution or be left behind? Join us at RAW2024 and become an AI-powered risk leader. Make October the risk awareness month by using #RAW2024 hashtag to inspire others and build our community. Secure your spot today and take the first step toward transforming your risk management career. Use AI to solve more complex problems, perform risk analysis quicker, get promoted sooner.
RAW2024 is an investment in your professional future, offering strategies that you can implement immediately to start using AI to make better, data-informed decisions. Whether you’re aiming to climb the career ladder, strengthen your team’s capabilities, or pivot to a role where risk management is key, RAW2024 is your springboard.
Many risk managers find themselves hostages of outdated frameworks. In private conversations, they tell me they want to break free from the shackles of Risk Management 1 (RM1), but regulators and management hold them captive. I understand your pain, your frustration, and the seemingly insurmountable obstacles that stand in your path. If you find yourself nodding along to these all-too-common excuses, know that you’re not alone.
- “I don’t have the knowledge”: The world of risk is evolving at breakneck speed, and it’s easy to feel overwhelmed by the constant need to learn and adapt. The fear of the unknown, of uncharted territories, the math involved in risk analysis keeps you chained to familiar tools. But deep down, you crave the confidence to navigate this complex landscape.
- “I don’t know where to start”: The transition from RM1 to RM2 can seem like a daunting leap into the unknown. The labyrinth of RM2 implementation seems like an impenetrable maze. I always say in RM2 there is no one risk management, each decision requires a separate methodology. That’s a scary thought. You yearn for a clear roadmap, a guiding light to illuminate the path forward.
- “I’m busy with other things”: The demands of daily operations often leave little time for strategic initiatives like implementing a new risk management methodology. The siren song of immediate gratification lures you away from the arduous task of change. You crave the efficiency to tackle both the urgent and the important.
- “I’m not convinced RM2 makes a difference”: The benefits of RM2 may not always be immediately apparent, especially when compared to the familiar comfort of RM1. Skepticism clouds your vision, and you long for tangible proof of the transformative power of RM2.
- “Integrating into decision-making is too hard – other departments won’t play ball”: Risk management isn’t a siloed function. RM2 requires active participation from all levels and departments within an organization. The prospect of aligning diverse perspectives, navigating organizational politics, and securing buy-in from key stakeholders can seem overwhelming. You crave a collaborative environment where everyone understands the value of risk management and actively participates in the process. But the fear of resistance, apathy, or outright conflict can paralyze even the most determined risk manager.
- “RIMS, Regulators, Big 4, McKinsey and FERMA promote RM1 – it must be good enough”: The inertia of established standards can be a powerful deterrent to change. The voices of authority whisper reassurances, but you yearn to break free from the status quo and embrace a more effective approach.
- “My bosses aren’t interested”: Securing buy-in from senior leadership for new initiatives can be a major hurdle. The specter of indifference looms large, but you yearn for the support and resources needed to drive meaningful change.
These are not accusations, but a reflection of the very real challenges faced by risk managers worldwide. I’ve been there, and understand the struggle. But there’s good news on the horizon.
The world is changing, and the risks are growing. You have the power to break free from outdated frameworks and embrace the future of risk management. With AI-powered solutions like RAW@AI and RAW2024 online virtual conference, you have the tools and support you need to make the transition to RM2 a reality. Don’t let this opportunity pass you by. The future of your organization depends on it, maybe, your career and you salary definitely do.
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