Page 83 - IRMSA Risk Report 2020
P. 83
WHAT R OLE DID EMER GING RISK M ANA GEMENT
C OMPE TENCIES PL AY IN THE ST ORIES T OLD ?
With the need for risk management to become attuned to an increasingly complex world, and more responsive to real-
time developments, we explored the roles of several key competencies that future risk managers need to develop. Of
these competencies, Situational Awareness and Sense-making (or the lack thereof) were generally considered to have had
a significant impact on the outcome. Curiosity was considered as having a limited impact as well as a limited presence in
the stories. Where an Experimental Mindset and Unlearning were considered present in the story, these generally had a
significant impact on the outcome. The impact and presence of Embracing Diversity varied across the stories.
SITU ATIONAL A W ARENESS CURIOSIT Y
LIMITED < -----PRESENCE----- > SIGNIFIC ANT LIMITED < -----PRESENCE----- > SIGNIFIC ANT
LEAST < -----IMP A C T----- > MOST LEAST < -----IMP A C T----- > MOST
EMBR A CING DIVERSIT Y UNLEARNING
LIMITED < -----PRESENCE----- > SIGNIFIC ANT LIMITED < -----PRESENCE----- > SIGNIFIC ANT
LEAST < -----IMP A C T----- > MOST LEAST < -----IMP A C T----- > MOST
SENSE M AKING EXPERIMENT MINDSE T
LIMITED < -----PRESENCE----- > SIGNIFIC ANT LIMITED < -----PRESENCE----- > SIGNIFIC ANT
LEAST < -----IMP A C T----- > MOST LEAST < -----IMP A C T----- > MOST
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