
May 31, 2022 • 3 min read
John Wheeler Introduces FutureRisk: Spotlighting Emerging Risk Areas
FutureRisk spotlights emerging risk areas and unique approaches to risk treatment with risk leaders from the world’s most prominent organizations.
For the first installment of FutureRisk, series moderator John Wheeler, former Gartner IRM Analyst and AuditBoard’s Senior Advisor, Risk and Technology, sits down with Richard Marcus, AuditBoard’s Head of Information Security, to discuss the vision for the series, including:
- Where are organizations placing their bets around future risk.
- Where to look for big risks that may be looming on the horizon?
- Upcoming topics for FutureRisk — AI, cybersecurity, supply chain, TPRM, and more!
Watch the full conversation, and read the can’t-miss highlights below.
What is FutureRisk?
Richard Marcus: Welcome to FutureRisk, AuditBoard’s new series spotlighting emerging risk areas, and unique approaches to risk treatment. I’m Richard Marcus, the Head of Information Security at AuditBoard. Here to tell us what FutureRisk is all about, is its upcoming host and moderator, John Wheeler, our Senior Advisor for Risk and Technology. John, what is FutureRisk, and why should people tune in?
“John Wheeler: I think that this series can be so important and useful for viewers because risk, for many organizations, is becoming a driving force around how they manage their business operations. What we are doing at AuditBoard, and where my research really has focused for the last 10 years, is about the need for a more integrated risk view.”
Where are organizations placing their bets around future risk?
Richard Marcus: Risk management certainly is getting harder and more complicated, so these topics are certainly going to be valuable for risk professionals. If there are risk professionals out there that are preparing for future risk, where do you see them placing their bets?
“John Wheeler: More than anything, on the heels of the pandemic, organizations and their business leaders are looking for avenues of growth. Yet, the pandemic and the resulting business impacts have created an awareness that growth alone will not drive success. That growth must be achieved in ways that protect the long-term viability of their organization and the environment at large.”
Where do you look for big risks on the horizon?
Richard Marcus: John, the title FutureRisk implies uncertainty — unless you’ve got a crystal ball and can see into the future. How do you go about looking for the big risks that might be looming on the horizon?
“John Wheeler: In my experience, the biggest, most relevant risks are generated by major change. The growth challenge is driving major change by spurring companies to create new digital products and services, and that’s fully supported by what PwC just revealed in their 2022 Pulse survey, and in it, more than 70% of risk executives resoundingly said that capitalizing on digital transformation initiatives is critically important to their company’s growth in 2022.”
The name of the channel is “FutureRisk.” How will that title and the purpose behind it shape the exploration of topics in future episodes?
Richard Marcus: It’s interesting that you chose the title FutureRisk for the name of this series. Tell us a little bit more about that title, the purpose behind it, and how that will shape the topics that you might discuss.
“John Wheeler: Given that major change is a great harbinger for future risk, that’s where we will focus our attention. Changes are on the horizon in areas related to digital risk, like cybersecurity, sustainability, or the growing complexity of vendor and third-party relationships. The common denominator of future risk is interconnectedness. No longer can we view or manage risks in a siloed, or one-dimensional way.”
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