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RIMS EXECUTIVE REPORT: Risk Management's Role in Mergers & Acquisitions

Aug 8, 2019, 10:26 AM
Title : RIMS EXECUTIVE REPORT: Risk Management's Role in Mergers & Acquisitions
Subtitle :
Publish date : Sep 12, 2016, 00:00 AM
Risk Practitioners’ Involvement in M&As Extends Far Beyond Uncovering Financial Savings
 
NEW YORK (September 12, 2016) — As the number and frequency of organizations turning to mergers and acquisitions as a vehicle to accelerate growth increases, risk professionals must be prepared to support both leadership and operational managers, according to RIMS’ newly released Executive Report Risk Management’s Role in Mergers & Acquisitions.
 
In this new report, members of RIMS leadership – comprising practicing risk professionals – share their career experiences and lessons learned from their involvement in the merger and acquisition process. The report reviews the importance of understanding the strategy behind the deal, developing and maintaining productive relationships with stakeholders, effective processes for exchanging information and potential red flags. 
 
“During a merger or acquisition, risk professionals have the potential to offer much more than just savings on insurance expenses,” said RIMS President Julie Pemberton.  “Engaging us early in the process, allows the organization to gain deeper insights into operational dependencies, human safety issues, property and environmental concerns, as well as the identification of new opportunities to enhance processes, reach new customers and achieve strategic objectives.”
 
RIMS Executive Report Risk Management’s Role in Mergers & Acquisitions is available in RIMS Risk Knowledge library at www.RIMS.org/RiskKnowledge.  For more information about the Society and to learn about other RIMS educational opportunities, conferences and resources, visit www.RIMS.org.