
The Great Divide: RM1 vs RM2 in Practice
A Workshop by Alex Sidorenko (Head of Risk, Insurance and Internal Audit, Serra Verde)
About this Workshop
This workshop exposes the fundamental schism in modern risk management that most professionals don't even realize exists. Through real workplace examples, participants will discover why 85-90% of corporate risk activities consume resources without improving a single business decision, while a small fraction of organizations achieve dramatically better outcomes by focusing on decision-centric approaches.
You'll examine actual case studies contrasting RM1 (risk management for external stakeholders like auditors, regulators, and boards) with RM2 (risk management for internal decision makers). See how organizations waste millions on sophisticated-looking risk registers, heat maps, and ERM frameworks that consistently miss the risks that actually materialize, while their competitors use integrated uncertainty analysis to navigate the same challenges successfully.
Key Takeaways:
- Live analysis of real risk management artifacts - the good, the bad, and the expensive theater
- Before/after comparisons showing how the same organization transformed from compliance-driven documentation to decision-supportive analysis
- Interactive diagnosis of your current risk activities using the RM1 vs RM2 framework
- Practical techniques for redirecting resources from ritualistic reporting to genuine decision improvement
This isn't theoretical - every example comes from real organizational transformations, including the presenter's direct experience implementing these changes in practice.