Risk and Resilience New Zealand Summit

Auckland will play host to the Risk & Resilience New Zealand Summit and Awards Gala Dinner over 30-31 March 2022 – two days of risk, resilience, and decision making in uncertain times.

Risk is ubiquitous, but how an organisation understands and defines the risks they face and develops systems to manage them, can be the difference between success and failure. Change and uncertainty have also become a constant feature of the modern world, and nothing has heightened our awareness of this more than the ongoing global battle with Covid-19.

However, Covid is just one of the major features of the current dynamic risk environment. Others that will be preoccupying many businesses right now include the climate crisis, challenges in the global supply chain, and workforce issues hampering their ability to access the talent they desperately need.

RiskNZ, New Zealand’s leading association for risk professionals is working in partnership with Brightstar, New Zealand’s premier conference company to bring you the Risk and Resilience New Zealand Summit. Organisations prosper and are more effective when risk is well managed, and this new event has been developed to support organisations to embed awareness of the most effective mechanisms to manage and mitigate risk.

The event was also created to support the further development of the risk profession, analyse the changing role of the risk professional within modern organisations and define the value they deliver to business by allowing them to identify blind spots, recognise weaknesses, and put in place systems to mitigate them. Ultimately, risk management is about supporting decision making, rather than a specific set of processes that needs to be followed.

Risk professionals know that it’s not about eliminating risk entirely, but about effectively analysing the impact of uncertainties on your business and supporting it to create frameworks to make judgements around the right risks to take.

As well as analysing the current risk environment and exploring in detail some of the major risks identified above. The Summit maps the connection between strategy and risk, recognising that strategy drives risk and that the inability to execute their strategy is the often the biggest risk an organisation faces.

Effective risk management allows a strategic approach to planning, which identifies external and internal risks to strategy and focuses governance and monitoring in these areas. A key goal of modern risk management is to ensure that risk responsibility and accountability is not just compartmentalised in the risk function.

Enterprise risk management is about managing an interdependency of operational risks distributed across the organisation and that simply isn’t possible without embedding accountability and ownership of risk at all levels and achieving organisational risk literacy. The end goal being the creation of a risk aware and resilient culture.

The challenges and disruptions of recent times have brought to the fore an appreciation of the resilient organisation – able to confront and weather highly disruptive events, adapt to new environments, and keep ahead of risk.

But resilience is about more than just good crisis management and effective business continuity planning. It’s about trust, which must be earned and comes from a consistency of approach built on solid systems and processes, this is what allows a culture of resilience to develop.

The Risk and Resilience New Zealand Summit provides a unique opportunity for business leaders and risk professionals to come together and explore these strategic risk themes and some of the operational risks they face in a series of masterclasses and workshops. We hope you will be able to join them.