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Risk Insider: Peter Rosiere

The Positively Disagreeable Nature of Risk Managers     

By: | March 3, 2015 • 2 min read
Peter Rosiere is the vice president, Risk Management for Sodexo, Inc. He has over 30 years of industry experience including multiple engagements as the senior risk management officer for multibillion dollar companies with decentralized structures and various business models. He can be reached at [email protected]

I don’t know about you, but I often spend my free time (usually stuck in traffic) trying to occupy my mind with positive thoughts. I often think about not just the “what” of things, but “how” and “why.” On the highway one day, I thought … as a risk manager, I am positively disagreeable. And that is not a bad thing at all.

It would be easy to perceive disagreeableness as negative, but it is actually quite useful in risk management. The practice of being disagreeable emphasizes critical thinking skills, which is something that many risk managers encounter all too frequently in their organizations.

No offense to colleagues, but lack of critical thinking skills tends to keep risk managers employed.

When I speak of being disagreeable, by no means do I intend it in a negative sense. Those who infer negativity may lack a complete understanding or appreciation of the exact role of risk management in an organization.

The fact that the risk role differs among organizations, even within the same industry, might add to the confusion.

I speak of being disagreeable in the sense that complete permission and total consensus may not occur and a risk manager must forge ahead. Some may refer to this as “the high wire act without a net.”

Risk management professionals do think differently and look at issues through a different lens from our corporate colleagues. Good risk managers must think from an alternative perspective and be risk innovators. It is all about the complementary nature of the leadership function within effective organizations.

The following is a passage from a 2013 Malcolm Gladwell speech, as referenced in a Wall Street Journal blog:

“‘Part of the role of senior management of creating an atmosphere of innovation is allowing people to be disagreeable,’ said Mr. Gladwell. He stresses that disagreeable doesn’t mean obnoxious but, rather, indifferent to the ways others see them. It’s the characteristic that lets innovators pursue breakthrough ideas even when faced with objections and derision, he said.”

Risk management professionals do think differently and look at issues through a different lens from our corporate colleagues. Good risk managers must think from an alternative perspective and be risk innovators.

When I thought about the above, while stuck in traffic, I came to the conclusion that the same applies to my function. Being the risk leader or risk voice in an organization can be a challenging job given the fluid nature of perceived risk. Alignment of risk strategies with corporate and finance strategies is essential and provides a stable platform to work from.

The rhetorical question flowing from my answer is as follows. If risk managers don’t think in a critical and disagreeable manner, are risk managers really doing their job? The challenge is to remove the doubt. Because we deal with ambiguity on a daily basis, it would be a nice to have at least one certainty.

Risk Management

The Profession: Curt Gross

This director of risk management sees cyber, IP and reputation risks as evolving threats, but more formal education may make emerging risk professionals better prepared.
By: | June 1, 2018 • 4 min read

R&I: What was your first job?

My first non-professional job was working at Burger King in high school. I learned some valuable life lessons there.

R&I: How did you come to work in risk management?

After taking some accounting classes in high school, I originally thought I wanted to be an accountant. After working on a few Widgets Inc. projects in college, I figured out that wasn’t what I really wanted to do. Risk management found me. The rest is history. Looking back, I am pleased with how things worked out.

R&I: What is the risk management community doing right?

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I think we do a nice job on post graduate education. I think the ARM and CPCU designations give credibility to the profession. Plus, formal college risk management degrees are becoming more popular these days. I know The University of Akron just launched a new risk management bachelor’s program in the fall of 2017 within the business school.

R&I: What could the risk management community be doing a better job of?

I think we could do a better job with streamlining certificates of insurance or, better yet, evaluating if they are even necessary. It just seems to me that there is a significant amount of time and expense around generating certificates. There has to be a more efficient way.

R&I: What was the best location and year for the RIMS conference and why?

Selfishly, I prefer a destination with a direct flight when possible. RIMS does a nice job of selecting various locations throughout the country. It is a big job to successfully pull off a conference of that size.

Curt Gross, Director of Risk Management, Parker Hannifin Corp.

R&I: What’s been the biggest change in the risk management and insurance industry since you’ve been in it?

Definitely the change in nontraditional property & casualty exposures such as intellectual property and reputational risk. Those exposures existed way back when but in different ways. As computer networks become more and more connected and news travels at a more rapid pace, it just amplifies these types of exposures. Sometimes we have to think like the perpetrator, which can be difficult to do.

R&I: What emerging commercial risk most concerns you?

I hate to sound cliché — it’s quite the buzz these days — but I would have to say cyber. It’s such a complex risk involving nontraditional players and motives. Definitely a challenging exposure to get your arms around. Unfortunately, I don’t think we’ll really know the true exposure until there is more claim development.

R&I: What insurance carrier do you have the highest opinion of?

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Our captive insurance company. I’ve been fortunate to work for several companies with a captive, each one with a different operating objective. I view a captive as an essential tool for a successful risk management program.

R&I: Who is your mentor and why?

I can’t point to just one. I have and continue to be lucky to work for really good managers throughout my career. Each one has taken the time and interest to develop me as a professional. I certainly haven’t arrived yet and welcome feedback to continue to try to be the best I can be every day.

R&I: What have you accomplished that you are proudest of?

I would like to think I have and continue to bring meaningful value to my company. However, I would have to say my family is my proudest accomplishment.

R&I: What is your favorite book or movie?

Favorite movie is definitely “Good Will Hunting.”

R&I: What’s the best restaurant you’ve ever eaten at?

Tough question to narrow down. If my wife ran a restaurant, it would be hers. We try to have dinner as a family as much as possible. If I had to pick one restaurant though, I would say Fire Food & Drink in Cleveland, Ohio. Chef Katz is a culinary genius.

R&I: What is the most unusual/interesting place you have ever visited?

The Grand Canyon. It is just so vast. A close second is Stonehenge.

R&I: What is the riskiest activity you ever engaged in?

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A few, actually. Up until a few years ago, I owned a sport bike (motorcycle). Of course, I wore the proper gear, took a safety course and read a motorcycle safety book. Also, I have taken a few laps in a NASCAR [race car] around Daytona International Speedway at 180 mph. Most recently, trying to ride my daughter’s skateboard.

R&I: If the world has a modern hero, who is it and why?

The Dalai Lama. A world full of compassion, tolerance and patience and free of discrimination, racism and violence, while perhaps idealistic, sounds like a wonderful place to me.

R&I: What about this work do you find the most fulfilling or rewarding?

I really enjoy the company I work for and my role, because I get the opportunity to work with various functions. For example, while mostly finance, I get to interact with legal, human resources, employee health and safety, to name a few.

R&I: What do your friends and family think you do?

I asked my son. He said, “Risk management and insurance.” (He’s had the benefit of bring-your-kid-to-work day.)

Katie Dwyer is an associate editor at Risk & Insurance®. She can be reached at [email protected]