Risk Management Symposium
In recent years, issues of coping with risks in corporate management are attracting increasing attention. It had been believed in Japan that safety was taken for granted and offered for free. As a result of globalization, however, companies are faced with complex risks, partly due to IT technology. Under such circumstances, traditional risk management methods are found inadequate. IIST invited risk management experts from within and outside Japan who introduced various efforts to address new challenges in corporate management.
Date: December 11, 2001
Place: Toranomon Pastoral, Minato-ku Tokyo
Organized by: Institute for International Studies and Training (IIST)
Supported by: Ministry of Economy, Trade and Industry, Japan
High Pressure Gas Safety Institute of Japan
Association of Risk Management
Tokyo Chamber of Commerce and Industry
-Japanese Standards Association
General Insurance Association of Japan
Petroleum Association of Japan
Japan Society for Safety Engineering
Current conditions and issues in Canada, Britain, the Philippines and Japan were explained. New initiatives in Australia and New Zealand of establishing new standards for risk management (RM) are introduced. Many discussions were made concerning attitudes towards risks, together with problems such as organizational structures, systems for information transmission and processing, and standardization/unification of languages. (For details of discussions at the symposium, please refer to IIST WORLD FORUM No. 13)
The symposium was followed by a workshop on December 12, with the participation of managers of Japanese companies and experts of risk management, as well as the academics. At the workshop, experts from inside and outside Japan exchanged opinions on issues to be considered by managers of companies, based upon the results of the questionnaire given to participants of the symposium.
More than 300 people participated in the symposium, which is far bigger than originally expected, and eagerly participated in the discussions from beginning to end. The theme seems to have been timely. In particular, risks we may face in international business have different cultural and social backgrounds, which make it necessary to develop risk management beyond sectors. The symposium offered us an opportunity to think about common issues and exchange information.
Human Resource Development Dept.