Risk Management: Brick by Brick
Risk Managers Don’t Know Everything with David Williams of LA Clippers
Jun 19, 2024
David Williams, Risk Management Director for the LA Clippers, discusses running a risk program for an NBA team, building relationships with stakeholders and experts, scaling risk programs, ensuring vendor compliance, and gives advice for beginner risk managers. Hosted by Jason Reichl, they explore the ins and outs of risk management in the sports industry.
11:18
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Building relationships with stakeholders is crucial in risk management.
- Tailoring risk programs to unique organizational exposures is essential for successful risk management implementation.
Deep dives
Developing a Comprehensive Understanding of the Organization and its Risks
Understanding the organization from top to bottom is crucial for risk managers to identify potential risks. Building relationships with stakeholders across different departments, such as operations, finance, and HR, is essential. Risk managers also focus on core programs like property and casualty to mitigate risks. By determining the organization's risk appetite, managers can decide on risk management strategies like insurance coverage or risk mitigation practices.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
