---
title: Gartner on Risk Management Post-Pandemic – More Uncertainty, Faster Digital Transformation
description: Driving organizations to an integrated approach to risk management (IRM) and risk quantification.
---

[The FAIR Institute Blog ](https://www.fairinstitute.org/blog)

# [Gartner on Risk Management Post-Pandemic – More Uncertainty, Faster Digital Transformation](https://www.fairinstitute.org/blog/gartner-on-risk-management-post-pandemic-more-uncertainty-faster-digital-transformation)

 Written by [Jeff B. Copeland](https://www.fairinstitute.org/blog/author/jeff-b-copeland) | Feb 3, 2021 1:32:15 PM

John A. Wheeler, Risk Management Technology Advisor for leading tech consultancy Gartner, is out with a LinkedIn blog post that forecasts 2021 as a year of “uncertainty and change”, driving organizations to an integrated approach to risk management (IRM). 

Here are Wheeler’s key points in the post [IRM 2021: The Year of Uncertainty and Change](https://www.linkedin.com/pulse/irm-2021-year-uncertainty-change-john-a-wheeler/?trk=eml-email_series_follow_newsletter_01-hero-1-title_link&midToken=AQGfXo5tXRa7ZA&fromEmail=fromEmail&ut=3v97PWHeMn09E1):

>>Businesses will be forced to accelerate digital transformation plans by at least five years – pandemic trends toward working and shopping at home will just keep on growing. That’s also the view from the boardroom, a Gartner survey found:

 

[Get an executive-level briefing](https://www.fairinstitute.org/blog/considering-fair-we-provide-executive-briefings-tailored-for-your-organization-learn-about-quantitative-risk-management) on FAIR and cyber risk quantification from the FAIR Institute

>>Enterprises will increasingly turn to IRM because – lesson of the pandemic -- it’s clear that risk management requires a balanced view of performance, resilience, assurance and compliance risk objectives, per this schematic: 

<https://www.fairinstitute.org/fair-training-and-certification-courses>

[**Where to find FAIR training for your organization**](https://www.fairinstitute.org/fair-training-and-certification-courses)**.** 

Notice something missing in the above? There’s no special call-out for cyber risk or IT risk. Wheeler writes that the “rapid shift to digital business will have impacts throughout the organization, not just IT. Ultimately, every business will become a digital business” and “they must evaluate the value of their digital initiatives while determining the size of their risk appetite. These uncertainties can make or break a business.”

Implication for cyber risk managers: You need re-scope your role to account for all the axes in Wheeler’s chart. Gartner has previously identified risk quantification methodology as one of the [five pillars of IRM](https://www.fairinstitute.org/blog/gartner-endorses-risk-quantification-as-critical-to-integrated-risk-management) – because it serves as a common financial language that translates across all the risk management disciplines.  

Wheeler spoke at the 2019 FAIR Conference and [gave a nod to FAIR](https://www.fairinstitute.org/blog/gartners-john-wheeler-many-organizations-using-irm-and-fair-to-achieve-techquilibrium) as a tool to “develop a successful case for digital transformation.” Since then, FAIR, the international standard for cyber and technology risk quantification, has been endorsed by [NIST](https://www.fairinstitute.org/blog/nists-advice-integrate-cyber-risk-with-enterprise-risk-using-fair), [COSO](https://www.fairinstitute.org/blog/coso-erms-cyber-risk-guidance-recommends-fair-interview-with-erm-authority-james-lam) and the [National Association of Corporate Directors (NACD)](https://www.fairinstitute.org/blog/nacd-cyber-risk-oversight-handbook-endorses-quantification-cites-fair-with-help-from-fair-inst.-members-nick-corzine-and-ben-havelka-of-centene) in various frameworks and guides.  

Learn more about FAIR and how quantification brings cybersecurity into alignment with an integrated approach to risk management in these blog posts:  

[John Wheeler Keynote: Why Digital Business Needs IRM & Risk Quantification (FAIRCON2019 Video)](https://link.fairinstitute.org/discussion/609/why-digital-business-needs-irm-risk-quantification-by-john-wheeler-gartner#latest)

[Gartner’s Khushbu Pratap on the Drivers for Cyber Risk Management and Digital Transformation (FAIRCON2020 Video)](https://www.fairinstitute.org/blog/gartners-khushbu-pratap-on-the-drivers-for-cyber-risk-management-and-digital-transformation-faircon2020-video)

[What Is Cyber Risk Quantification?](https://www.risklens.com/blog/what-is-cyber-risk-quantification/)

[[Video] James Lam’s FAIRCON18 Keynote on ERM, Cybersecurity Oversight and Cyber Risk's Future](https://www.fairinstitute.org/blog/video-james-lams-faircon18-keynote-on-erm-cybersecurity-oversight-and-cyber-risks-future)

[View full post](https://www.fairinstitute.org/blog/gartner-on-risk-management-post-pandemic-more-uncertainty-faster-digital-transformation)

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