WEATHER DISRUPTION AND RISK MANAGEMENT THE CONVERSATION ABOUT RISK ABOUT THE RISK INSTITUTE

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THE RISK INSTITUTE EXECUTIVE EDUCATION SERIES: BALANCING RISK TO CREATE VALUE
WEATHER DISRUPTION
AND RISK MANAGEMENT
THE CONVERSATION ABOUT RISK STARTS HERE
ABOUT THE RISK INSTITUTE
Most industry sectors, from retail to agriculture to transportation
are affected by the weather, which is not only unpredictable, but
varies by region. Recent advances in technology as well as data
collection and quality have the potential to provide more reliable,
accurate forecasts. Such advances lead to a better understanding
of short-term and longer-term weather trends. With this
information, executives can more reliably leverage weather risk
management strategies to achieve their corporate objectives.
The Risk Institute brings together
leading academics and a collection
of forward-thinking companies
that understand that effective risk
management strategies position
them to create value in a
competitive and dynamic
marketplace. The Risk Institute
Executive Education Series arms
practitioners with fresh
perspectives and approaches to:
In this session, David Bromwich (Byrd Polar & Climate Research
Center, OSU) and Steve Bowen (Aon Benfield) collaborate to
provide insights into understanding the constantly changing,
complex, and, at times, wild weather impacting firms' markets
and operations. Overall, the session will emphasize how firms can
proactively understand and use risk management to balance the
risks related to weather disruptions to create value.
Executives will learn how to:
•
•
•
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Apply current research findings on long-term climate change
and weather forecasting to strategic and operational decisionmaking.
Develop a systematic approach to understand the "extremes" in
weather and assess the potential impact on their organizations.
Develop an enterprise-wide approach to assess their
organizations' vulnerabilities to weather disruptions.
Use leading weather predictive analytics to acheive more
reliable and accurate weather forecasts.
• Identify, measure and manage
risks critical to an organization’s
success
• Apply leading academic research
to business strategies for more
competitive and sustainable
advantages
• Communicate effective risk
management strategies to create
an integrated and enterprise-wide
approach
• Create an organizational culture
that manages risk proactively by
allowing ideas, innovation and
initiatives to flourish
ENGAGEMENT WITH OTHER SENIOR EXECUTIVES
Executives will have an opportunity to engage in a panel
discussion with session leaders, other invited panelists, and
their peers about the successes and current challenges in
understanding and managing weather disruptions. Lunch will
also provide participants with an opportunity to network.
To register please contact:
Denita Strietelmeier
Program Manager
The Risk Institute
strietelmeier.1@osu.edu
(614) 688-8289
BIOGRAPHIES OF SESSION LEADERS
Steve Bowen, Associate Director and Meteorologist, Aon
Benfield's Impact Forecasting Division
Bowen leads the firm’s Catastrophe Insight group in conducting
real-time and historical global natural disaster analysis. He was
selected in 2014 to participate on a steering committee for an
ongoing White House initiative that seeks to mitigate future
impacts from weather events and climate pattern shifts. He has
also collaborated with NOAA, state and local agencies, insurance
industry groups, and universities regarding various weather,
climate, and catastrophe loss topics.
Steve is currently pursuing his Master of Science degree from the
University of Notre Dame. Previously, he earned his Bachelor of
Science degree in Meteorology from Florida State University. He is
a member of the American Meteorological Society (AMS) and the
National Weather Association (NWA).
David H. Bromwich, Professor, Atmospheric Sciences
Program of the Department of Geography, The Ohio State
University
Bromwich is also Senior Research Scientist and Director of the Polar
Meteorology Group at the Byrd Polar and Climate Research Center.
Dr. Bromwich's research interests include the role of the Antarctic and
Arctic in the global climate system using observations and modeling,
and the contribution of Antarctic and Greenland ice sheets to global
sea level change. He is currently Chief Officer of the Scientific
Committee on Antarctic Research’s (SCAR) Standing Scientific Group
on Physical Sciences, and a member of the National Research
Council's Committee on “Development of a Strategic Vision for NSF
Investments in Antarctic and Southern Ocean Research”. He is a
member of the American Meteorological Society, the American
Geophysical Union, the Royal Meteorological Society, and the
Association of American Geographers. Dr. Bromwich earned his Ph.D.
in Meteorology from the University of Wisconsin-Madison.
Bernadette A. Minton, Professor of Finance, Arthur E.
Shepard Endowed Professor in Insurance and Academic
Director of the Risk Institute at The Ohio State University
Fisher College of Business
Dr. Minton’s research interests range from risk management to
corporate governance. Her research is published in leading financial
economics journals as well as the financial press. As Academic
Director of the Risk Institute, Dr. Minton coordinates and leads the
Risk Institute’s activities related to curriculum, research and
outreach. She currently teaches risk management to Fisher graduate
and undergraduate students and works closely with future finance
thought leaders in her role as co-coordinator of the PhD program in
finance. Dr. Minton received a BA from Mount Holyoke College, and
a MA and PhD from the University of Chicago.
PROGRAM AT A GLANCE
WHAT:
Weather Disruption and
Risk Management
WHEN:
Thursday,
November 12
10 a.m. – 2 p.m.
WHERE:
The Ohio State University
The Blackwell Inn and
Conference Center
Pfahl Hall #140
2110 Tuttle Park Place
Columbus, OH 43210
WHO:
Senior executives and business unit
leaders charged with driving growth
and creating value while managing
risk
COST:
$595
UPCOMING SESSIONS:
Cost: $595
When: 10 a.m. - 2 p.m. on each date
January 21, 2016
Brand and Reputational Risk in a
Digital World
March 30, 2016
Risk Modeling:
The Past and the Future
May 12, 2016
The Talent War: Managing the
Talent Pipeline and Succession
Planning
FOR MORE INFORMATION,
PLEASE CONTACT:
The Risk Institute
The Ohio State University
Fisher College of Business
riskinstitute@fisher.osu.edu
fisher.osu.edu/risk
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