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Risk is Our Business

Risk is Our Business

Auteur(s): Michael Rasmussen
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Welcome to Risk Is Our Business, where we explore the principles of Governance, Risk Management, and Compliance — to reliably achieving objectives, navigating uncertainty, and act with integrity. Here, we follow the Prime Directive of Risk Management: No decision or strategy moves forward without understanding its impact on our objectives, our resilience, and our values. Because risk isn’t the enemy, it’s the mission. After all, risk is our business. Join us as we go boldly into the world of GRC.Copyright 2025 All rights reserved. Économie
Épisodes
  • The Probability Nebula: Digital Twins and Forward-Looking Risk with Florian Worm
    Jul 14 2025

    Recorded live at Corporate Risk Minds 2025 in Berlin, this episode of Risk Is Our Business features a conversation with Florian Worm—risk technologist, modeling expert, and one of the sharpest minds charting the next frontier in enterprise risk.

    Florian joins Michael Rasmussen on the bridge to explore the processes and paradigms reshaping risk management in a world where volatility is no longer an anomaly, it’s the environment. Together, they examine the limitations of legacy frameworks, the regulatory gravity of IDW PS 340, and why good risk quantification requires more than Monte Carlo curves and dashboards. In a galaxy of noise, it’s about decision-useful insight, grounded in rigor and relevance.

    At the heart of the episode is a deep dive into digital twins, not as sci-fi theory, but as a real-world capability to simulate risk environments, explore alternate futures, and make better decisions in real time. Whether you're scanning for weak signals, stress-testing for resilience, or mapping out mission-critical paths, digital twins are fast becoming the warp core of forward-looking risk.

    For those ready to chart a new course, this episode offers a shift from static risk logs to living systems, where uncertainty is mapped, modeled, and understood.

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    19 min
  • Beyond the Neutral Zone: Risk, Trust, and Business Confidence with Klaus Jaeck and Daniel Cassel
    Jul 10 2025

    In this episode of Risk Is Our Business, Michael Rasmussen charts a course with Klaus Jaeck and Daniel Cassel of Horváth to explore the next frontier in enterprise risk management, where resilience is just the baseline, and business confidence is the true objective.

    Recorded at Corporate Risk Minds 2025 in Berlin, Klaus and Daniel offer a sharp perspective on how risk management is evolving across the region, moving beyond regulatory routines and static controls into dynamic systems that align risk with strategy, trust, and decision-making agility. They unpack why trust and resilience, while critical, aren’t enough on their own, and why organizations need something more to thrive in the vast unknowns of modern business.

    They also take us deep into the heart of GRC transformation in Germany—what’s working, what’s lagging, and how digitalization, ESG, and a growing risk consciousness are reshaping expectations. The conversation explores how risk leaders can act less like tactical responders and more like bridge officers, guiding the ship, not just guarding the hull.

    And yes, they have fun along the way. As Klaus and Daniel say, “no risk, no fun”, but with the right GRC model, it’s a mission worth taking.

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    19 min
  • Orchestrating the Enterprise: GRC Across Dimensions with Patrick Risch and Benjamin Lüders
    Jul 7 2025

    In this episode of Risk Is Our Business, Michael Rasmussen beams into EY Germany to speak with Patrick Risch and Benjamin Lüders, two senior officers on the frontier of governance, risk, and compliance transformation. Together, they explore how to navigate the multidimensional challenges of orchestrating GRC across systems, silos, and starships, otherwise known as modern enterprises.

    Their mission is to create a unified command structure where GRC isn't just a regulatory afterthought, but an enterprise-wide operating model aligned with strategy, resilience, and purpose. From aligning core processes to enabling agility with cutting-edge technology, Patrick and Benjamin map out how successful organizations are shifting from fragmented control systems to integrated, mission-ready frameworks.

    They also introduce the concept of digital twins, not as a sci-fi abstraction, but as real-time simulations of organizational ecosystems that help leaders monitor, adapt, and course-correct with greater precision. It’s a new model of GRC that reflects the living, breathing dynamics of business.

    Finally, they reflect on the unique risks and opportunities facing German companies as they transition from traditional governance models to more dynamic, tech-enabled approaches. It's a sector where regulations are strict, expectations high, and the path to transformation requires both cultural alignment and technological firepower.

    If your enterprise is preparing for deep space exploration, or simply the next compliance cycle, this episode offers a navigational chart for GRC leaders ready to break free of orbit.

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    23 min

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