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Meet the Leader

Manage risk more effectively. A risk expert shares what's needed most

Chief Risk Officers (CROs) are firefighters, investigators, counselors and -- critically -- the people trained to ensure companies have the systems, frameworks and culture in place to identify, assess and monitor big challenges ahead. They also help teams take meaningful action and chart a successful path forward. On the launch of the World Economic Forum's Chief Risk Officers Outlook, Bahare Heywood, the first ever CRO at global law firm Clifford Chance, shares her take on the report's highlights as well as the real-world approaches she believes are critical to make risk management effective in any business. She shares strategies she used to create a risk management culture, her personal lessons learned and the one thing all risk management plans must consider right now. Scroll for transcript.

Report: Chief Risk Officers Outlook
Release: Macroeconomic and Geopolitical Conditions Pose Severe Risks to Organizations, say Chief Risk Officers

Podcast transcript

Hosted by:
LL
Linda Lacina

Digital Editor, World Economic Forum

Strategic
Intelligence

Leadership

Many aspects of the ways that governments and businesses operate are in flux, due in large part to the sweeping technology changes propelling the Fourth Industrial Revolution. Leadership is no exception. As a new generation of leaders take on challenges such as striking a healthy balance of views expressed on their social media platforms, developing private efforts to fill gaps in public social protections, and crafting public policies that govern technology access, an ability to apply responsibility and purpose will be key. 

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