{"id":7623,"date":"2026-05-19T12:27:26","date_gmt":"2026-05-19T12:27:26","guid":{"rendered":"https:\/\/www.theirmindia.org\/blog\/?p=7623"},"modified":"2026-05-19T13:12:01","modified_gmt":"2026-05-19T13:12:01","slug":"invisible-risks-reimagining-erm","status":"publish","type":"post","link":"https:\/\/www.theirmindia.org\/blog\/invisible-risks-reimagining-erm\/","title":{"rendered":"Invisible Risks – Reimagining ERM"},"content":{"rendered":"

\"Getting<\/a><\/p>\n

The Invisible Risks: What Organisations Still Do Not See<\/b><\/h2>\n

Risk management<\/span> has been in existence for some time. However it has evolved dramatically over the past few decades and is getting more sophisticated. Across the globe, enterprises are facing unprecedented and highly volatile complexities and uncertainties, with\u00a0<\/span><\/p>\n

    \n
  1. Geo-political crises across multiple countries,\u00a0<\/span><\/li>\n
  2. Cybersecurity threats<\/span> continuing to evolve at a dramatic pace, and<\/span><\/li>\n
  3. Emergence of AI, which provides both opportunities and risks.<\/span><\/li>\n<\/ol>\n

    Organisations today operate with dashboards, frameworks, heat-maps, and dedicated risk committees. And yet, some of the most significant failures continue to emerge, not just from what is visible, but more from what is overlooked.<\/span><\/p>\n

    This is the paradox: The most critical risks are often <\/span>hidden risks<\/span>.<\/span><\/p>\n

    Beyond the Risk Register<\/b><\/h2>\n

    Traditional <\/span>Enterprise Risk Management<\/b> (ERM)<\/b><\/a><\/span> focuses on what can be measured: financial exposure, operational disruption, regulatory compliance.<\/span><\/p>\n

    This is necessary. But it is not sufficient. In my book <\/span>\u2018<\/b>The Invisible 90%<\/span>\u2019<\/b>, I argue that organisations tend to manage the visible 10%, metrics, controls, dashboards, while underestimating the invisible 90%:<\/span><\/p>\n