RIMS unveils new strategic plan, mission statement
Posted On: May. 1, 2023 11:05 AM CST
The Risk & Insurance Management Society Inc. on Monday revealed its new strategic plan and mission statement.
Speaking during the opening session of Riskworld, the RIMS annual conference, in Atlanta, Gary LaBranche, CEO of RIMS, said the RIMS board and management team last year began a planning process for the future of the organization, ranging from its mission and programs to its structure and technology.
“The result is a new strategic plan that charts the course for where RIMS aims to go in the future,” he said.
The plan, which plots a 10-year mission, includes a commitment to strengthening its organizational capacity, innovation and agility to support risk managers, according to statements by the RIMS board members.
RIMS will “refit and reposition” the organization to develop new programs and collaborate with others, they said. RIMS also announced a memorandum of understanding with the Pan-Asia Risk & Insurance Management Society during the session.
RIMS committed to enhancing member engagement; building more resilient chapters; ensuring the organization is more diverse, inclusive and equitable; and supporting rising risk professionals.
RIMS’ new mission statement is: “RIMS empowers risk professionals to strengthen organizational resilience by driving strategic decision-making and improving business outcomes.”