Strategizing with Mark A. Pfister, RIMS ERM Conference Keynote

Published: Oct. 4, 2022, 10:21 a.m.

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Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.

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Only five more weeks until the RIMS ERM Conference 2022 (held November 10th\\u201211th in Indianapolis, IN!) Joining RIMScast today is the opening keynote speaker of the event, Mark A. Pfister!

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Mark A. Pfister is the CEO and Chief Board Consultant of M.A. Pfister Strategy Group; an executive advisory firm that serves as a strategic advisory council for executives and Boards in the public, private, and nonprofit sectors. Mark\\u2019s popular book, Across The Board: The Modern Architecture Behind an Effective Board of Directors, is an Amazon best-seller with circulation in over 70 countries, influencing an entire new generation of Board Directors.

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In this episode, Mark shares a preview of his upcoming keynote at the RIMS ERM Conference titled, \\u201cThe Strategy of Risk: How Strategy Plays a Direct Role in Risk Realization,\\u201d and gives his insights into the evolving role of strategy in risk management.

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Key Takeaways:

[:01] About the RIMS Membership.

[:27] About today\\u2019s episode and how to save $400 on the Pre-Conference Workshop for RIMS-CRMP Prep!

[:42] About RIMScast.

[:55] About today\\u2019s conversation with Mark A. Pfister.

[1:02] Upcoming RIMS webinars, workshops, events, and more!

[2:35] Justin introduces and welcomes Mark A. Pfister to RIMScast!

[3:40] About Mark\\u2019s educational and professional background.

[4:48] Why strategy is so important to Mark.

[6:52] How to view and apply strategy in a way that will change the way that you lead.

[8:10] Mark\\u2019s thoughts and experiences with the risk profession.

[9:08] How risk and insurance professionals can improve their risk strategies.

[11:35] RIMS plug time!

[13:12] What strategy actually is; Mark gives a preview of his upcoming keynote speech.

[14:53] Mark describes his presentation style.

[16:20] Will Mark be taking questions from the audience after his keynote?

[16:37] Has Mark returned to in-person events this year as an attendee or speaker?

[17:54] Justin thanks Mark for joining and shares some of the links to check in today\\u2019s show notes!

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Mentioned in this Episode:

RIMS Events, Education, and Services:

RIMS ERM Conference 2022 \\u2014 November 10\\u201211, 2022 | Indianapolis, IN \\u2014 Agenda Now Live!

Save $400 on the Pre-Conference Workshop: RIMS-CRMP Prep

Attend the in-person RIMS-CRMP Exam Prep Workshop, November 8\\u20129. Register for the ERM Conference and select the workshop on the \\u201cAdditional Purchase Options\\u201d page. Your $400 savings will already be applied. Learn more!

The RIMS Strategic & Enterprise Risk Center

RIMS Risk Maturity Model

In-Person Events:

RIMS Events App Apple | Google Play

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

Contribute to RIMS Risk Management magazine

Dan Kugler Risk Manager on Campus Grant

Sponsor RIMScast: Contact sales@rims.org or pd@rims.org for more information.

Virtual Workshops:

Managing Cognitive Bias Risk \\u2014 Oct 11\\u201212 | 10:30 am\\u20124:30 pm EST | Registration Closes Oct 10th \\u2014 Register Now!

Contractual Risk Transfer Canada \\u2014 Oct. 19\\u201220 | 12:00 pm\\u20126:00 pm EST | Registration Closes Oct. 18th \\u2014 Register Now!

See the full calendar of RIMS Virtual Workshops

Upcoming RIMS Webinars:

\\u201cClimate Change Impacts and Opportunities\\u201d | Sponsored by AXA XL | Oct. 6, 2022

\\u201cBeware of Artificial Intelligence\\u201d | Sponsored by Nationwide | Oct. 11, 2022

Related RIMScast Episodes:

\\u201cERM and Employment Trends with Terry Lampropoulos\\u201d

\\u201cRISKWORLD Keynote Michael C. Bush On Risk and \\u2018Greatness\\u2019\\u201d

\\u201cRISKWORLD Keynote Rachel Sheerin On How Risk Leaders Can Combat and Harness Burnout\\u201d

\\u201cRethinking the Impact of Disruption on ERM Tools and Processes with Ward Ching and Dr. Paul Walker\\u201d

\\u201cResponsible Raw Materials, Mining, and ESG with Sarah Gordon of Satarla\\u201d

\\u201cPath to the Boardroom: Resolver CEO Will Anderson\\u2019s Journey\\u201d

\\u201cESG and the Board with Luke Jacobs of Encamp\\u201d

Sponsored RIMScast Episodes:

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\\u201cKeeping Subcontractors Safe Through Partner Elevation\\u201d | Sponsored by Highwire

\\u201cESG: A Responsibility and a Growing Megatrend\\u201d | Sponsored by Prudent Insurance Brokers Ltd.

\\u201cFocusing on Your Team to Deliver Exceptional Quality and Service to Your Clients\\u201d

| Sponsored by Gallagher Bassett

\\u201cBermuda Opportunities in 2022 with BDA Chair Stephen Weinstein\\u201d | Sponsored by Bermuda Business Development Agency

\\u201cSyncR: A Tool to Enhance Your Risk Quality & Insurance Strategy\\u201d | Sponsored by Prudent Insurance Brokers Ltd.

\\u201cNavigating the Risk Landscape in 2022\\u201d | Sponsored by AXA XL

\\u201cPrioritizing People: Expertise and Innovation\\u201d | Sponsored by Gallagher Bassett

\\u201cRisk Findings for the Industrial & Manufacturing Industry\\u201d | Sponsored by Aon

\\u201cEstablishing the Right Assurance to Request From Business Partners\\u201d | Sponsored by HITRUST

\\u201cAon\\u2019s 2021 Retail Industry Overview\\u201d | Sponsored by Aon

\\u201cA Legacy of Resilience\\u201d | Sponsored by J.B. Boda Group

\\u201cThe Golden Era of Insurance\\u201d | Sponsored by The Hartford

\\u201cInsurance Investigation Trends Happening Now\\u201d | Sponsored by Travelers

\\u201cWhat Could a CRO Do for Your Business?\\u201d | Sponsored by Riskonnect

\\u201cHard Reality: A Look at Rising Rates in Property & Excess Casualty\\u201d | Sponsored by AXA XL

\\u201cProperty Valuation Deep Dive\\u201d | Sponsored by T\\xdcV S\\xdcD

\\u201cProperty Loss Control Engineering\\u201d | Sponsored by Prudent Insurance Brokers

RIMS Publications, Content, and Links:

RIMS Membership \\u2014 Whether you are a new member or need to transition, be a part of the global risk management community!

RIMS Virtual Workshops

Upcoming RIMS Webinars

On-Demand Webinars

RIMS Advisory Services \\u2014 Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories \\u2014 New interview featuring RIMS-CRMP Chairman Ward Ching!

Spencer Educational Foundation

RIMS DEI Council

RIMS Path to the Boardroom

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Want to Learn More?

Keep up with the podcast on RIMS.org and listen on iTunes.

Have a question or suggestion? Email: Content@rims.org.

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Join the Conversation!

Follow @RIMSorg on Facebook, Twitter, and LinkedIn.

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Follow up with Our Guest:

M.A. Pfister Strategy Group

Mark A. Pfister\\u2019s LinkedIn

Across The Board: The Modern Architecture Behind an Effective Board of Directors, by Mark A. Pfister

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Tweetables (For Social Media Use):

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\\u201cIf we fast-forward to today, I truly am laser-focused in the scene of leadership and board director areas. It\\u2019s really a way that I view as making the biggest impact relating to strategy, governance, and leadership.\\u201d \\u2014 Mark A. Pfister

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\\u201cWe have to understand that strategy is inextricably linked to governance and risk. You can\\u2019t really be good in one and not really focus on the others; they kind of come in this package deal.\\u201d \\u2014 Mark A. Pfister

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\\u201cStrategy [can be applied] in such a way that it will change the way that you lead, it will change the way that you govern, [and] it will change your success in many cases in any position you are in your organization.\\u201d \\u2014 Mark A. Pfister

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\\u201cI think we\\u2019re in a period where [strategy is] looked at much differently. I think we have to view strategy as a set of guiding principles that generate a desired pattern of integrated decision making.\\u201d \\u2014 Mark A. Pfister

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