Partnership of the Year Award in Global Risk Awards
Friday, 15 March 2013
Oxford Brookes School of Hospitality Management (OSHM) and InterContinental Hotels Group (IHG) were winners in this year’s Institute of Risk Management’s (IRM) Global Risk Awards 2013.
In an event hosted by trend-spotter and futurologist Magnus Lindkvist at the Grand Connaught
Rooms in London, the Global Risk Awards recognise and celebrate the world’s
best risk management talent.
Leading risk management figures from 16 countries across
five continents judged the final shortlist. Nominations were received from
across the Americas, Asia,
Europe and the Middle East.
The Partnership of the Year Award looks to recognise
partnerships whose work has set new standards in the field of risk management and
has brought about tangible benefits.
IRM chief executive Steve
Fowler said: “As the leading international educational institute in the
field of risk management, IRM is uniquely placed to identify and reward
outstanding performance. Our judges were astounded by the quality and range of
The IHG-Oxford Brookes relationship started in 2006 with
IHG’s John Ludlow’s participation in a study conducted by OSHM’s Dr Alexandros
Paraskevas on crisis management and business continuity.
It evolved over time, from student access to IHG’s risk
executives and resources for their dissertations to active involvement of IHG’s
risk team in the design and delivery of risk-management-related curriculum at
The next level of partnership included OSHM’s involvement in
IHG’s risk function with four ‘knowledge exchange’ projects (two of which were
Knowledge Transfer Partnerships - KTPs - co-funded by the UK's Technology
Strategy Board and Economic and Social Research Council) in the areas of business
continuity, risk management performance monitoring, operational risk management
and risk training.
The outcomes of these projects set new standards in IHG’s
risk management practice but were also shared with the wider industry through
joint presentations in international industry/academia conferences.
Receiving the Award, John Ludlow, IHG’s Senior Vice
President and Head of Global Risk Management said: “Our partnership with Oxford
Brookes has always been about what each of us could give to the other institution,
each gift of knowledge reciprocated time and time again.
“It soon became clear to both of us that, on the one hand, the
industry needs academia to enhance its understanding of the business
environment, to spark innovation and to develop tomorrow’s business leaders.
“And on the other, academia needs business to make its work
relevant, fresh and engaging to students who want to join our industry. I am very grateful to Alex not only for contributing
to our risk management discipline at IHG but more so for the wonderful team of
young talent that he has helped inspire and coach.”
Dr Alexandros Paraskevas, Senior Lecturer in
Strategic Risk Management at Oxford Brookes, added: “This Global Risk Award is
the result of 7 years of collaboration between IHG’s incredible Risk Team
around the world and an amazing bunch of young, bright researchers who are
being developed to become the new generation of risk management leaders.
“Such collaborations require visionary leadership and strong
work ethic, two attributes which are often scarce in the industry but abundant
in John and his entire team.” And commenting on the partnership, he said: “Whether
in the lecture theatre opening the minds of future managers to risk management thinking,
in the office trying to develop innovative and more effective ways to manage
risk or in the field addressing everyday risks and managing actual crises, this
partnership has always been a unique privilege for all of us and should become
the model for industry-academia collaboration.”
More information is available from the School of Hospitality Management.