Page 72 - IRMSA Risk Report 2021

TRADITIONAL COMPETENCIES

The traditional competencies associated with a risk professional are illustrated below.

CONCEPTUAL TECHNICAL INTERPERSONAL PERSONAL BUSINESS
• Planning • Risk-management • Leadership • Self-motivated • Accounting
• Organising process • Motivate others • Innovative • Economics
• Decision-making • Risk analysis • Negotiations • Experienced • Finance
• Management • Risk control • Consensus building • Communication • Legal
processes • Risk financing • Team building • Consultative • Compliance
• Ethical judgement • Risk management • Facilitation • Intentionality • Ethics
• Organisational • Project management • Soft skills • Human resources
architect • Insurance • Interviewing • Audit
• Strategic thinking knowledge • Stimulating • Strategy
• Problem solving • Business-continuity conversation • ITC
knowledge • Marketing
• Cyber-security • Operations
knowledge • Statistics
• Research
• Security
• Safety
• Business intelligence
• Artificial Intelligence

CRITICAL COMPETENCIES

Rather than expand on each of the traditional competencies above, consider the following eight desired competencies:

WEAR MANY HATS

USE TOOLS
BUSINESS BEFORE
SKILFULLY
RISK

EIGHT CRITICAL
COMPETENCIES
INQUIRING CLIENT
MIND OF THE FOCUS
ULTIMATE
INTEGRATOR

CONTEXTUAL
INTERPERSONAL
AWARENESS
SKILLS

STRATEGIC
THINKING

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