The 4th interview of this series is withย Pascal Rothย fromย EPAM Systems: He is sponsor and board advisor and part of the SRA almost since its inception.
โ๐๐ก๐ฒ ๐ข๐ฌ ๐ซ๐ข๐ฌ๐ค ๐ฆ๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐ข๐ฆ๐ฉ๐จ๐ซ๐ญ๐๐ง๐ญ โ ๐ข๐ง ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ ๐ข๐ง ๐๐๐ข๐ฅ๐ฒ ๐ฅ๐ข๐๐?
Over and beyond our โreptilian brainโ comes consciousness to make informed decisions, putting aside apprehensions and overcoming fear. Be it to protect the interests of business colleagues and employees, or those of family members and friends, managing risks accompanies us through life.
I reckon the more one is accustomed to applying risk management thinking, the better one is equipped to face unexpected tough situations.
โ๐๐ง ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ โ ๐๐ก๐๐ญ ๐ก๐๐ฏ๐ ๐ฒ๐จ๐ฎ ๐ฅ๐๐๐ซ๐ง๐ญ ๐จ๐ง ๐ซ๐ข๐ฌ๐ค ๐ฆ๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐ญ๐ก๐๐ญ ๐ฌ๐ก๐จ๐ฎ๐ฅ๐ ๐๐ ๐ฌ๐ก๐๐ซ๐๐?
Every professional should have risk management in her/his skillsโ toolbox, be it to change things in a corporation applying an FMEA (Failure Mode and Effect Analysis) or by producing a solid business plan for a new venture.
Yet instincts and experience cannot be replaced and often speak the true language. It takes courage to listen to them and engage in a seemingly risky course of action.
โ ๐๐ง ๐ฉ๐ซ๐ข๐ฏ๐๐ญ๐ – ๐๐ก๐๐ญ ๐ข๐ฌ ๐ญ๐ก๐ ๐๐ข๐ ๐ ๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ฌ๐จ๐ง๐๐ฅ ๐ซ๐ข๐ฌ๐ค ๐ฒ๐จ๐ฎ’๐ฏ๐ ๐๐ฏ๐๐ซ ๐ญ๐๐ค๐๐ง?
Iโve always been attracted to water. As a young adult I was surfing waves too high for my beginnersโ level in Australia, snorkeling at 10 meters depth to collect sponges in the Mediterranean, or diving from high cliffs in Greece into shallow spaces amidst surfacing rocks. These activities back then were not considered risky though โ merely living a full life. Today, I would approach these disciplines with more respect and caution๐
โ๐๐ก๐๐ญ ๐๐๐ฏ๐ข๐๐ ๐ฐ๐จ๐ฎ๐ฅ๐ ๐ฒ๐จ๐ฎ ๐ ๐ข๐ฏ๐ ๐ฒ๐จ๐ฎ๐ง๐ ๐ฉ๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐จ๐ง๐๐ฅ๐ฌ ๐ข๐ง ๐ซ๐๐ ๐๐ซ๐๐ฌ ๐ญ๐จ ๐ซ๐ข๐ฌ๐ค?
Learn and apply the risk management tools, but donโt overrate them. Always seek a second opinion and/or challenge the results of your analysisโ esp. if something doesnโt feel right. Take the liberty to put yourself at risks but do not involve unaware others.
But also: have faith in yourself and your ideas – based on sound values. No performing artist could achieve a show if in doubt or by having in mind all that could go wrong.
โ๐๐ฐ๐ข๐ฌ๐ฌ ๐๐ข๐ฌ๐ค ๐๐ฌ๐ฌ๐จ๐๐ข๐๐ญ๐ข๐จ๐ง โ ๐ฐ๐ก๐ฒ ๐๐ซ๐ ๐ฒ๐จ๐ฎ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐ง๐๐ญ๐ฐ๐จ๐ซ๐ค ๐๐ง๐ ๐ฐ๐ก๐๐ญ ๐ข๐ฌ ๐ฒ๐จ๐ฎ๐ซ ๐ฉ๐๐ซ๐ฌ๐จ๐ง๐๐ฅ ๐ฏ๐๐ฅ๐ฎ๐?
I am part of the SRA almost since its inception. It is a second-to-none network of risk professionals; I value every presentation and exchange, made possible by the commitment of all board members and advisors. Through their hard work, the SRA evolves and keeps delivering relevant contents to its members. I got to learn a lot over the past years, from regulations to cyber risks, and made good friends. I hope it can go on like this for long.