Mastering Risk Management Podcast

MRM Episode 121 - Jim Wetekamp

Dec 11, 2025
In this engaging discussion, Jim Wetekamp, the CEO of Riskonnect and a recognized expert in enterprise risk and organizational resilience, shares insights from his journey in risk management. He emphasizes how organizations can gain a competitive edge by integrating risks under one roof. Jim dives into the importance of balancing usability for specialists and business users, the role of AI in analytics, and the necessity of aligning risk assessments with business strategy. His advice for newcomers highlights the significance of learning quickly and fostering trust in the risk management arena.
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ADVICE

Phase For Fast Value

  • Roll out risk software in phases to achieve rapid time-to-value and secure early stakeholder buy-in.
  • Start by activating frontline users for incidents and assessments, then incrementally add modules and analytics.
ADVICE

Minimise Implementation Burden

  • Use low-code, cloud-native platforms and vendor services to minimise client and IT resource burden during implementation.
  • Let vendors normalise data, hierarchies, and control libraries instead of expecting teams to handle complex migrations alone.
INSIGHT

Aggregate Ecosystem Data

  • Riskonnect aggregates diverse internal systems and partner content into a single pane of glass rather than owning all source data.
  • Normalising alerts, threat intelligence, and supply-chain signals lets users stop bouncing between tools.
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