27 February 2014, The Grand Connaught Rooms, London, UK
Award categories
IRM Awards
1. International Diploma Student of the year 2013
Our International Diploma qualification is not easy to obtain and takes a lot of commitment and effort. Study has to be balanced with busy working lives and real life. The top ten students who have achieved the highest marks in their examinations are asked to produce a 1000 word assignment in a week on a given topic. The shortlisted candidates are interviewed by the sponsor and IRM and the winner is announced at the awards dinner.
2. International Certificate student of the year 2013
Our International Certificate qualification requires commitment and dedication. The award is given to the student who achieves the highest marks in both the Theory of Risk Management and Application of Risk Management examinations during the preceding year.
3. Services to IRM – ‘The Mark Butterworth award’
Six years ago, IRM introduced a special annual award bearing the name of Mark Butterworth, IRM’s Chairman at the time. The award recognises the particular dynamism and commitment shown by Mark in steering IRM towards the success it enjoys today. The award is given to an IRM member who has demonstrated those same qualities today by making a personal contribution to the Institute above and beyond the call of duty – someone who really has made a difference.
Industry awards
4. Partnership of the year
Good risk management often requires strong partnership working. Recognising the importance of knowledge sharing and networking in building best practice, this category is open to clients and suppliers, wider industry groups and partnership initiatives. The winner will demonstrate how partnership working led to tangible benefits.
The judges will be looking for evidence of:
• Acknowledgement of a sustained partnership arrangement
• Tangible benefits that can be attributed to the partnership
• Innovation of successful methods of joint working and problem solving
• Excellent communication arrangements
5. Delivering value through risk management
This award is aimed at those who have established clear evidence that their risk management activities have added value to their organisation. We would like to see entries from organisations where the risk management process has led to demonstrable improvements in business performance and results.
The judges will be looking for evidence of:
• Sustained revenue enhancement, cost savings or other improvements (e.g. reduced error rates) that can be attributed to a risk management initiative or programme
• Acknowledgement of the role of risk management as a value-added function within the organisation
• Value delivery in the context of an overall risk management programme
6. Managing risk across boundaries
More and more organisations are operating across geographical boundaries as they look to penetrate new markets. How can risk management be most effective in a multinational organisation? We will be looking for entries from individuals or teams where there is strong evidence of a strategic approach to managing risk management across boundaries.
The judges will be looking for evidence of:
• Language and cultural barriers successfully overcome
• Innovative approaches to risk management problem solving across geographical boundaries
• Team or individual activity leading to sustained performance improvement
• Successful team-building across geographical boundaries
7. Innovation through technology
In recent years, technology, (including social media) has become a huge driving force and enabler for business. How has the risk management function exploited opportunities offered by technology? This award is aimed at organisations who consider that they have developed and/or implemented a successful technological solution.
The judges will be looking for evidence of:
• Clear understanding of the issue that the technology is employed to address
• Successful project management and team-working to deliver a technology based solution
• Successful integration of the technology solution into the organisation
• Demonstrable value added by the technology solution
8. Risk Management Solution of the Year
This award is for technology providers who consider that they have developed and/or implemented a successful technological solution to assist and advance risk management for their clients. Our winner will need to demonstrate successful project management, team working, solution integration and clear value added.
This award recognises technology providers who have developed and/or implemented a successful technology solution to assist and advance risk management for their clients. The winner will need to demonstrate successful project management, team working, solution integration and evidence of value creation.
The judges will be looking for evidence of:
• Clear understanding of the client’s needs
• Successful project management and team-working to deliver a technology based solution
• Successful integration of the technology solution into the client
• Demonstrable value added by the technology solution
9. Excellence in the face of adversity
This award recognises that things will sometimes go wrong and organisations can face troubling circumstances but such times represent an opportunity to demonstrate resilience and learn from experience. If your organisation or team has gone through a crisis and come out the other side stronger then this is the award for you.
The judges will be looking for evidence of:
• Organisational resilience as demonstrated by the response to a particular incident or series of incidents
• The value of effective pre-planning and continuity measures
• Effective communication
• Effective team working across different parts of the organisation
• Effective review procedures to implement lessons learned
10. Building risk management capability
This award recognises organisations committed to ensuring that risk management has the skills and knowledge needed to enhance business performance, both now and in the future. We are looking for a clear commitment to ensuring that risk management plays a vital role through investing in the development of their people.
The judges will be looking for evidence of:
• Understanding of the skills and knowledge needed at all levels of the organisation for the effective implementation of risk management
• Clear plans for the development of individuals and teams and appropriate allocation of resources
• Innovative and effective approaches to training and development
• Benchmarking against external standards
11. Risk management consultancy of the year
This award is targeted at risk management consultancies and the consulting practices of those companies that supply broader services to the industry. Our judging panel look for world class consultancies, delivering clear benefits to their clients.
The judges will be looking for evidence of:
• Creative ideas for problem solving
• Innovation in the techniques used
• Strong positive relationships between the consultancy and the risk professionals in the client company
• Strength for the future through thought leadership and outstanding professional development of individuals on the consultancy team
12. Risk Management Service Provider of the Year
This recognises the very best in service delivery among those that supply any risk management services to the industry. We will be looking for evidence of best in class offerings which exceed expectations.
The judges will be looking for evidence of:
• Customer satisfaction including helping customers to achieve their risk management goals
• A commitment to risk management professional development within the service provider
• Innovative approaches to meeting customer needs and problem solving
• High quality delivery and customer service standards
13. Risk management newcomer of the year
This award recognises both recent achievement and future potential in risk management professionals who are still in the early stages of their career, having moved into (or started) in risk management within the last five years). The judges will be looking at the impact which the winner in this category has had in contributing to overall performance and the likelihood that this is someone destined to be a senior CRO (risk professional) in the future.
The judges will be looking for evidence of:
• Personal achievement leading to performance improvement
• Successful team-building
• Personal development activity to build skills and knowledge
• A notable contribution to the wider profession outside your own company
14. Risk management professional of the year
This award recognises individuals who have made the most significant achievements in their risk management role during the past year. It is open to individuals who have responsibility for risk management within any type of organisation, with an emphasis on finding examples of clear excellence and outstanding personal qualities.
The judges will be looking for evidence of:
• Career achievement
• Contribution to the risk management body of knowledge through publication and participation in industry events
• Development of younger professionals
• Putting something back through voluntary service
15. Lifetime achievement award
This award is aimed at individuals who have over a number of years made a significant contribution to the risk management profession.
The winner will be decided by the judges: nominations are not being sought for this award.