Navigating the Future of Risk Management with Michael Rasmussen

The "C-Suite Framework" podcast dives deep into the world of corporate leadership by speaking with experts and C-Suite executives about key roles such as Operations, Risk, People, and Sustainability. Each episode dissects the challenges leaders face today, offering insights and practical takeaways for listeners looking to enhance their own careers. Balancing depth with fun, the podcast is both entertaining and informative, giving listeners a unique perspective into the dynamics of executive roles and how to navigate their own path to success.

🔎 Hosted by Jennifer Geary — former COO, CRO, and bestselling author of How to be a CRO, The Augmented COO, and more.

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Michael Rasmussen is an internationally recognized authority, thought leader, and pioneer in the disciplines of governance, risk management, and compliance (GRC). With over 30 years of experience, he is globally known for defining and shaping GRC strategy, processes, and technology. In February 2002, while at Forrester Research, Michael developed the concept of GRC — establishing the foundation for how organizations approach strategy, process, and technology in today’s complex business environment. For this, he is widely acknowledged as the “Father of GRC.”

A trusted advisor to boards, executives, and professionals around the world, Michael has dedicated his career to helping organizations design and implement effective GRC strategies that are aligned with business objectives. 

Michael is also the host of the Risk is Our Business podcast.

Join us for a special edition of the C-Suite Framework podcast as we welcome Michael Rasmussen, a globally recognised authority in governance, risk management, and compliance (GRC). With over 30 years of experience, Michael shares his journey from graphic design to becoming a pioneer in GRC. Discover insights into the evolution of risk management, the differences between US and European approaches, and the future of GRC technology.

 

Key Highlights:

• Michael's career journey and the birth of GRC 

• Differences in risk management approaches between the US and Europe 

• The importance of aligning risk management with business objectives 

• The role of technology in enhancing GRC strategies 

• Future trends in risk management, including GRC 7.0 and digital twins

 

Key Takeaways: 

• The Evolution of GRC: Michael Rasmussen discusses the development of GRC and its impact on organizations worldwide. 

• US vs. Europe in Risk Management: A comparison of risk management maturity and practices across continents. 

• Strategic Alignment: The necessity of aligning risk management with business objectives for effective governance. 

• Technological Integration: How technology supports and enhances GRC strategies. 

• Future of Risk Management: Insights into GRC 7.0 and the role of digital twins in modeling risk scenarios.

 

Soundbites:

"Technology doesn't solve bad process and bad strategy. It can magnify those issues." 

"Europe is more mature than the US when it comes to risk management." 

"The best chief risk officer in the Marvel superhero universe is Dr. Strange."

 

 

Chapters:

Introduction to Michael Rasmussen (0:00 - 2:30) 

The Birth of GRC (2:31 - 10:00) 

Comparing Risk Management Across Continents (10:01 - 20:00) 

Aligning Risk with Business Objectives (20:01 - 30:00) 

The Role of Technology in GRC (30:01 - 40:00) 

Future Trends: GRC 7.0 and Digital Twins (40:01 - 50:00) 

Closing Thoughts and Future Outlook (50:01 - End)

Hashtags: #RiskManagement #GRC #Podcast #Leadership

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