The Risk Wheelhouse Podcast Por Wheelhouse Advisors LLC arte de portada

The Risk Wheelhouse

The Risk Wheelhouse

De: Wheelhouse Advisors LLC
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The Risk Wheelhouse is designed to explore how RiskTech is transforming the way companies approach risk management today and into the future. The podcast aims to provide listeners with valuable insights into integrated risk management (IRM) practices and emerging technologies. Each episode will feature a "Deep Dive" into specific topics or research reports developed by Wheelhouse Advisors, helping listeners navigate the complexities of the modern risk landscape.

© 2025 Wheelhouse Advisors LLC
Economía Gestión Gestión y Liderazgo
Episodios
  • S3E10: Concentration Breeds Collapse - How a Single Point of Failure Can Unravel Everything
    Jun 26 2025

    A cyber attack on UNFI, the main distributor for Whole Foods, reveals how single points of failure in interconnected business systems can cause widespread chaos. We explore the risks of fragile business models and how Integrated Risk Management (IRM) transforms vulnerabilities into strategic resilience.

    • Modern business efficiency often creates "brittle by design" systems with dangerous hidden dependencies
    • The UNFI cyber attack caused empty store shelves and $300 million in market value loss
    • Concentration risk applies beyond food logistics to any business with critical single-vendor dependencies
    • IRM provides an enterprise-wide lens connecting risk intelligence across previously siloed domains
    • Key IRM implementation steps: asset visibility mapping, operational rehearsals, and executive accountability
    • Companies with mature IRM recover 27% faster from disruptions with 42% lower earnings volatility
    • Five-point actionable playbook: concentration risk census, specific contract requirements, scenario simulations
    • Unified risk dashboards and board education elevate resilience from compliance to strategic priority




    Don't forget to subscribe on your favorite podcast platform—whether it's Apple Podcasts, Spotify, or Amazon Music.

    Please contact us directly at info@wheelhouseadvisors.com or feel free to connect with us on LinkedIn and X.com.

    Visit www.therisktechjournal.com to learn more about the topics discussed in today's episode.

    Más Menos
    17 m
  • S3E9: Starved from the Edges - Why Connected Intelligence Matters in Autonomous IRM
    Jun 10 2025

    Autonomous Integrated Risk Management (IRM) is becoming a reality with AI-powered tools providing real value, but many implementations suffer from disconnected systems that prevent true strategic alignment.

    • Automated risk management tools often operate in isolation within the middle validation layer
    • Wheelhouse Advisors' IRM Navigator™ Model identifies five interconnected layers: strategic oversight, business orchestration, threat intelligence/validation, remediation/response, and verification/audit
    • Most automation is happening in layer three (threat intelligence/validation) but lacks strategic input from layer one and verification feedback from layer five
    • Toyota's 2022 credential exposure incident demonstrates how disconnected layers can miss critical risks for years
    • Effective autonomous IRM requires a two-way flow of information – strategy flowing down and validation results flowing back up
    • Risk leaders should map their systems to the five layers, tag strategic assets, feed audit data back to validation tools, and measure business impact rather than just technical metrics
    • The sequence for improvement should be: simplify, automate, integrate – don't automate broken processes

    To maximize the value of autonomous IRM in your organization, focus on connecting your technical capabilities with strategic priorities and verification processes to create a living, learning system that protects what matters most to the business.




    Don't forget to subscribe on your favorite podcast platform—whether it's Apple Podcasts, Spotify, or Amazon Music.

    Please contact us directly at info@wheelhouseadvisors.com or feel free to connect with us on LinkedIn and X.com.

    Visit www.therisktechjournal.com to learn more about the topics discussed in today's episode.

    Más Menos
    19 m
  • S3E8: The Risk Ignored - Losing the Secret Formula
    Jun 4 2025

    A single boardroom confrontation at SunTrust Bank in 2007 serves as the dramatic starting point for understanding a critical business blindspot. When a senior risk executive warned leadership about their reckless mortgage expansion strategy, he wasn't just ignored—he was exiled. Within months, his predictions came tragically true as the global financial crisis erupted, eventually costing SunTrust a billion-dollar settlement with the Department of Justice.

    This compelling narrative unveils a stunning parallel between corporate risk blindness and a fundamental flaw in the risk management technology industry. For years, Governance, Risk and Compliance (GRC) software promised to help organizations manage risk effectively, but its architecture betrayed its purpose. These systems excelled at organizing documents and compliance checklists while marketing themselves as providing "risk intelligence," yet they systematically failed to deliver the strategic insights needed for genuinely informed decision-making.

    The watershed moment arrived in 2018 with the emergence of Integrated Risk Management (IRM)—not as the natural evolution of GRC but as a necessary correction to its architectural limitations. Where GRC connected documents, IRM connects decisions. Where GRC supported compliance checklists, IRM supports strategic choices in navigating uncertainty. The distinction isn't semantic; it's fundamental to organizational resilience. SunTrust's post-crisis implementation of yet another GRC solution predictably failed, highlighting the episode's most profound takeaway: true risk intelligence isn't a product you purchase—it's a capability you must architect and integrate into your organization's very fabric. Have you examined whether your risk management systems are truly providing intelligence or merely organizing ignorance?



    Don't forget to subscribe on your favorite podcast platform—whether it's Apple Podcasts, Spotify, or Amazon Music.

    Please contact us directly at info@wheelhouseadvisors.com or feel free to connect with us on LinkedIn and X.com.

    Visit www.therisktechjournal.com to learn more about the topics discussed in today's episode.

    Más Menos
    17 m
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