S1E11: Integrated Risk Management in 2025

In the latest episode of The Risk Wheelhouse podcast, hosts Ori Wellington and Sam Jones take a deep dive into one of the most pressing topics for businesses today: Integrated Risk Management (IRM). Titled "2025 Predictions: Integrated Risk Management Becomes Non-Negotiable," the episode unpacks why IRM is rapidly becoming essential for organizations navigating an increasingly complex risk landscape shaped by digital transformation, sustainability pressures, and regulatory demands.

Key Themes Explored:

1. Beyond Traditional Risk Management:
   The hosts discuss how traditional enterprise risk management (ERM) often operates in silos—cybersecurity, financial, and operational risks addressed independently. IRM transforms this approach by connecting the dots, allowing organizations to see and manage risks holistically.

2. The Domino Effect of Digital Transformation:
   Digital innovation brings unprecedented opportunities but also unexpected consequences. For example, the environmental impact of training a single AI model is equivalent to the carbon footprint of five cars over their lifetimes. IRM helps companies assess such risks across business, environmental, and operational dimensions.

3. Mandatory Integrated Reporting:
   Ori and Sam highlight a key prediction: by 2025, companies will face mandatory integrated reporting, requiring them to disclose not only financial performance but also how they manage digital and sustainability risks. This shift will create transparency and accountability while driving businesses to adopt sustainable practices.

4. The Role of Technology and AI:
   The episode underscores the growing importance of AI and machine learning in IRM. These technologies help identify risks, predict disruptions, and analyze vast datasets. However, Ori reminds listeners that AI is a tool—not a replacement for human judgment.

5. Real-World Applications Across Industries:
   Using examples like the energy and fashion industries, Ori and Sam explore how IRM can transform operations. Energy companies, for instance, will be required to disclose environmental costs upfront, while fashion brands must improve supply chain transparency to meet sustainability goals.

6. Applying IRM to Personal Risk Management:
   Taking IRM principles beyond the boardroom, the hosts illustrate how individuals can manage financial, health, and career risks by connecting these elements holistically. From budgeting to lifelong learning, adopting an "IRM mindset" helps individuals become more proactive and resilient.

Why You Should Listen

This episode not only offers a clear explanation of IRM but also presents actionable insights and predictions that businesses—and individuals—can use to thrive in an uncertain future. Whether you're a risk professional, a business leader, or someone interested in smarter personal risk management, Episode 11 provides valuable guidance on navigating complexity with confidence.

Key Takeaway:

IRM isn’t just about avoiding risks; it’s about embracing them strategically to unlock growth, innovation, and sustainability.

🎧 Tune In Now: Stream Episode 11 of The Risk Wheelhouse on Apple Podcasts, Spotify, or your favorite platform. For more insights, visit the RiskTech Journal for expert analyses on trends shaping risk management.

Let us know: How do you see IRM and mandatory reporting impacting your industry? Share your thoughts with us on LinkedIn or X (Twitter) @WheelhouseRisk!

🛠️ Ready to build a resilient future? Start by navigating wisely with The Risk Wheelhouse.