Mastering Risk Management Podcast MRM Episode 109 - Dominic Bowen
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May 20, 2025 Dominic Bowen, a senior advisor at 2Secure and a seasoned expert in risk management, discusses his extensive experience in high-risk environments like Iraq and Ukraine. He shares insights on the challenges of navigating geopolitical risks and emphasizes the need for transparency in corporate risk management. Highlighting the importance of transforming data into actionable insights, he explores how crises can turn into opportunities for better governance. Dominic also addresses the critical issue of people risk and the need for organizations to strengthen their documentation strategies.
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Dominic's Origin Story
- Dominic Bowen was inspired to join risk management after watching the Gulf War as a child.
- His career spans police, military deployments, and humanitarian work in conflict zones.
Business Risk vs Military Precision
- Business leaders often lack deep risk expertise despite being intelligent.
- Military preparation drills for every possible scenario can greatly enhance business risk readiness.
Make Risk Reports Actionable
- Risk reports must translate interesting facts into actionable insights that compel executives to act.
- Risk managers should focus on influencing decision makers to take appropriate actions.