The FAIR Awards honor risk management leaders for their initiative, ingenuity and contributions to Information and Operational Risk Management. The awards recognize the deep impact that these professionals have on their organizations by enabling operational excellence and effective decision-making, and in balancing the need to protect their organizations while running the business.
Business innovation and technology innovation are often connected. Innovative risk officers are disrupting the status quo by leveraging new analytic capabilities and by enabling the communication and management of information risk from the business perspective. This award recognizes those risk professionals who have successfully applied FAIR principles to drive innovation.Successful nominees can demonstrate how they used FAIR principles to reach goals such as:
Transitioning to a business-aligned and data-driven culture within information risk requires leadership: intellect to envision and explain, understanding to address fear, evangelism to motivate, and courage to manage through unknowns. This award recognizes leaders at the forefront of their organization’s FAIR initiative who get data owners on board, stakeholders to help improve analysis, and decision-makers to adopt the resulting analytics as an integral part of their strategies, decision-making processes and operating rhythms.
Successful FAIR Champions can demonstrate a track record of reaching goals such as: