Episode 29 - Risk Management 2.0: Strategies for Today's Organizations (With Terence Lee)

Hello and welcome to Mind the Resilience, the podcast where we explore the latest trends and best practices in resilience.

I'm your host, Ramki, and today I have a guest Terence Lee, VP of Risk at Protecht Group, a leading provider of enterprise risk management software solutions.

In this episode, we will talk about how risk management has evolved in recent years, what are the key challenges and opportunities for organizations in identifying and mitigating risks, how compliance and technology can support risk management, and how software solutions like Protecht.ERM can help organizations achieve operational resilience.

Stay tuned for an insightful and engaging conversation on Mind the Resilience.

(00:00) Introduction

(01:40) Introduction about Terry

(04:00) Risk management in recent years

(07:35) Challenges organizations face in identifying and mitigating risks

(12:20) How does compliance tie into risk management?

(19:14) What role does technology play in predicting risk incidents?

(22:35) Key components of a robust business continuity management strategy

(25:32) How Protecht.ERM help organizations in managing business continuity and operational resilience

(27:50) Risks associated with third-party vendors and suppliers

(30:55) How have risk management software solutions evolved over time?

(36:08) Resilience Quickfire

(43:50) Contact Terry

Contacts:

Contact Terry: terence.lee@protechtgroup.com or Linkedin

Protecht Group Website : Link

Contact Ramakrishnan Sankaran : LinkedIn or Visit Ramki's Bio