Letter from Brussels: Business plan to follow our new strategic vision and mission statement

At our general assembly in June, we unveiled a new strategic vision and mission statement for FERMA. They provide the basis for the development of a business plan which will lay down the direction of FERMA over the next three years.

Typhaine Beaupérin

We are currently developing this business plan to move towards our vision of “a world where risk management is embedded in the business model and culture of organisations”.

In practical terms, this means that the business plan will set out how we can best represent the interests of our member associations and their members to European institutions. We will also strengthen and widen understanding of the value of risk management and the role of the risk manager.

We have, of course, been doing just this, but we want to connect our activities more closely with the needs of our members. From our Brussels base, we can both present their views to European institutions and communicate with them on European developments with important implications for risk management. This two-way communication is essential.

Another important aspect of the business plan is education. Bringing the certification project rimap®to implementation remains a top priority for FERMA. Having certified professional status will assist the risk manager in proving his or her value to the organisation.

FERMA has developed the necessary tools for rimap to take off. The associations now need to take ownership of this certification programme. This is why we will work on a new cooperation model and a new governance for rimap.

Education takes place through the sharing and exchange of information, expertise and ideas. FERMA, therefore, wants to act as a platform for cooperation among member associations and their collaboration with other stakeholders. We are reviewing the positioning of the FERMA Seminar with a stronger focus on the purpose of education with the aim of providing better insight into a limited number of subjects. The Forum, with which the Seminar alternates, is intended to be high level, on the cutting-edge of progress in risk management practices. Obviously, it is the only European event of this kind.

The business plan will be ready by the end of the year. By this time next year, you will see a FERMA with a business plan that supports the achievement of our strategic vision and mission making use of the key drivers.

Typhaine Beaupérin, CEO

 

For more information, see the new FERMA vision and mission here.

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