To succeed in the risk environment, risk, audit, and compliance leaders need to focus on what Gartner calls “reflexive risk ownership.” This is a future state where business leaders don’t just identify and manage risks after they occur, but instinctively recognize and respond to them as part of their daily decision-making.
Rethink risk management
At the opening keynote of the Gartner Enterprise Risk, Audit & Compliance Conference, Gartner experts highlighted how risks are now emerging faster, overlapping, and becoming harder to classify. This makes it essential for organizations to rethink how they approach risk management.
“Risk management is now one of CEOs’ most critical priorities; its importance has increased by over 50% since last year,” said Chris Audet, Chief of Research in the Gartner Assurance Practice. “This has created a unique moment for assurance leaders.”
Developing this kind of organizational risk reflex takes more than policies and procedures. It requires coaching risk owners and leveraging technology, especially AI, to support them.
“Eighty-eight percent of risk owners are highly motivated to meet expectations around managing…
