The IIRSM Organisational Risk Map
About the ORM
The IIRSM ORM was developed by the IIRSM Ambassadors Network and shows how risk in one part of an organisation impacts another, either positively or negatively, and how risks external to the organisation (in the macro-environment) also impact those risks.
The ORM provides the IIRSM community with awareness of risk areas and prompts to help them evolve and inspire others across their organisation.
As we know, the overall risk picture and the individual elements are in constant flux. The ORM is a representation of the types of risk that will be present in an organisation and the way that one risk may impact another, creating new risks or opportunities.
Overview:
The ORM supports IIRSM’s aim to nurture a global community of risk professionals, supporting people working in a whole host of different risk areas to learn from each other and hold holistic competence in risk management to raise standards across all areas of risk management practice.
The ORM:
Considers people, operational, organisational and external risks, enabling risk professionals to consider their impact – both positive and negative.
Is supported by IIRSM’s Leadership Behaviours, which are rooted in the IIRSM Risk Management and Leadership Competence Framework
Provides our community with awareness of risk areas.
Prompts risk professionals to evolve and inspire others across their organisation.
Supports risk professionals or those in leadership positions reporting to, or in a position to influence, executive boards.
Encourages risk professionals to produce a map specific to their organisation.