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Innovation Special Interest Group

The Innovation Special Interest Group is a forum for discussion and development of new ideas in the field of risk management. The SIG is specifically interested in those concepts which create value for the enterprise and which focus on “upside” or opportunity risk.

The SIG is intended for IRM members but is open to all individuals and organisations to attend. The SIG wishes to obtain input from as wide a range of participants as possible. The SIG is not to be used for commercial purposes but has an educational / research ethos.

The tasks the Interest Group will undertake include:

  • Advocacy and leadership of innovative and value creating risk management techniques
  • Tracking and documenting innovative uses of risk management;
  • Broadcast and dissemination of findings

The SIG will develop four areas of interest:

  1. Encouraging innovation: This strand of the SIG will investigate methods to encourage innovation in risk management and conversely review aspects of organisations which may inhibit or hinder innovation.
  2. Innovative risk management techniques: This strand of the SIG will research and document new techniques in the identification, assessment  and management of risks
  3. Value creating aspects of risk management: This strand of the SIG will examine and publicise ways to create value through risk management
  4. Managing the risks brought from opportunities; This strand of the SIG will explore approaches to maximise the benefits of new opportunities through risk management techniques

Success Criteria

  • Participation in the core group and attendance at seminars;
  • Production of papers and articles
  • Membership of the Interest Group joining / invited to other groups  (networking) to development of work items;
  • Constructive feedback on deliverables posted for review on IRM site.

Thought Leadership

In 2019, the IRM Innovation Special Interest Group (SIG) explored the theme of organisational resilience. Their work focused on understanding how UK organisations defined and how they were developing resilience. Through this project, the Innovation Group has reviewed guidelines, professional standards, white papers, books, consultancy reports and interviewed risk managers, CROs, Board members and consultants.  

In addition, they led discussions with IRM SIGs and Regional Interest Group (RIG) members to gain additional perspectives on the topic. The Innovation SIG Organisational Resilience project involved a total of more than a hundred people from multiple sectors, countries, and professional backgrounds in obtaining a holistic and integrated view of organisational approaches to building resilience in organisations. 

The outcomes are presented in these guides: 
Organisational Resilience: A Risk Manager’s Guide and 
Organisational Resilience White Paper 2021: A Companion Summary for Risk Managers.  

       


Click here to read our March 2020 summary


Take part in the latest discussions on the group's LinkedIn Group


 

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Group Co-Chairs:

Sarah Gordon

Rodrigo Souza

Group Secretary:

Katalin Horvath 


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Past events

3rd open mic session - Virtual meeting

Date:

Monday 26th September 2022

Time:

17:30 - 19:00 GMT 

2nd open mic session - Virtual meeting

Click here to view the minutes from the meeting

Date:

Wednesday 4th May 2022

Time:

17:30 - 19:00 GMT 


 

Open mic session - Virtual meeting

Click here to view the minutes from the meeting

Date:

Wednesday 2nd March 2022

Time:

17:30 - 19:00 GMT 

Sustainability and responsibility - Virtual meeting

Click here to view the minutes from the meeting

Date:

Thursday, 20th January 2022

Time:

17:30 - 19:00 GMT 

Sustainability risk management

Date:

Thursday, 16th December 2021

Time:

16:00 - 17:00 GMT (17:00 - 18:00 CET)

  

IRM Innovation SIG 26/08/2021 - Interactive online meeting

Click here to view the minutes for this meeting

Date:

Thursday 26th August 2021

Time:

17:30 - 18:30 BST

 

Innovation SIG meeting to plan Digital Innovation Revolutionising Risk Management forum

Click here to view the minutes

Date:

Thursday 22nd July 2021

Time:

17:30 - 19:00 BST

 

IRM Innovation SIG 10/06/2021 - Interactive online meeting

Click here to view the minutes

Date:

Thursday 10th June 2021

Time:

17:00 - 19:00 BST

 

IRM Innovation SIG 29/04/2021 - Interactive online meeting

Date:

Thursday 29th April 2021

Time:

17:30 - 19:00 BST

 

IRM Innovation SIG 11/02/2021 - Interactive online meeting

Date:

Thursday 11th February 2021

Time:

17:30 - 19:00 GMT

 


 

 Our latest publication

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Save the date

We plan to host events on the following dates:

Thursday, Sept 26th 

Thursday, Dec 5th