RIMS launches new department to help organizations tie together risk management practices and strategic goals

The Risk and Insurance Management Society Inc. (RIMS) has created a new department to help RIMS member companies tie their risk management programs to strategic goals.
Carol Fox will be director of the new Strategic and Enterprise Risk Practice. She was previously the senior director of risk management for Convergys Corporation, a $2.8-billion, publicly traded company headquartered in Cincinnati.
“Our focus at RIMS is consistently on monitoring the evolution of the discipline, and this is a case in which the changing role of risk management clearly demanded preemptive action on our part,” says Mary Roth, associate in risk management (ARM), and executive director of RIMS. “As risk management becomes more involved in the overall strategy discussion within organizations, new education and management tools will be an imperative. This department will ensure that the appropriate tools and resources are available.”