3 things you need to know to succeed in risk

Panelists from the Women. Fast forward panel at this year's annual conference

Panelists from the Women. Fast forward panel at this year’s annual conference

Disruption and gender diversity are two of the biggest topics facing business leaders today. Both issues are critical to the future of every industry. And they’re closely connected.

The best way to navigate disruption is to harness the power of diverse thinking by enabling people with different experiences, ideas and knowledge to come together in an inclusive culture. Gender diversity is a critical part of the equation. Not only this, gender diverse leadership is proven to increase the skills businesses need to navigate the disruptive trends transforming their industry.

So what does this mean?

If a person, or company, wants to succeed in mitigating risk, they must embrace gender diversity at every level.

In short, everyone benefits from thinking like a woman.

  • “You need to get comfortable being uncomfortable” — Jessica Jung, Director, Oswald Companies

Achieving success isn’t something that just happens to a person. It requires a lot of hard work, tough choices, and generally being willing to put yourself out there— trying something new.

  • Have an entrepreneurial spirit

No matter if you’re the intern grabbing Starbucks for your department or a C-suite executive, don’t be afraid to think outside the box. When approaching any situation, don’t come to the meeting and just point out the risks — offer real solutions.

  • Communicate. Communicate. Communicate.

Every panelist punched this point home — communicate with everyone, from your spouse to your organization and boss. By being an open communicator, you project to others that you are confident, open to compromise, and available.

Each year, The Risk Institute at The Ohio State University Fisher College of Business hosts an annual conference that brings together thought leaders, industry experts, and academics to engage in a dialogue about the latest trends in risk management. This year the conversation focused around governance, culture, and the vital role women play in the field.

One of the Institute’s founding member’s, EY, cosponsored a panel spring-boarding their Women. Fast forward initiative, which aims to accelerate the achievement of gender parity in business.

The Risk Institute will continue this conversation and others through this year’s Risk Series.

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