Role Profile: The Transformational Risk Officer

August 2nd, 2021

Renee Murphy

With contributors:

Amy DeMartine , Melissa Bongarzone , Peggy Dostie

Summary

Some organizations and risk managers perceive risk as catastrophic inevitabilities, thereby limiting risk management programs to centralize on cost reduction and disaster prevention. The checklisters, auditors, and compliance gurus fall into the bucket known as “transactional risk officers” who exercise risk management as a cost management function. However, mature, savvy organizations can compound their strategic success by shifting the paradigm of risk to an opportunity with a transformational risk officer (TRO).

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