Australian Risk Policy Institute (ARPI)

The Australian Risk Policy Institute (ARPI) is a non-political and not-for-profit organization dedicated to promoting a greater focus on Strategic Risk Policy in leadership, decision-making, public policy, and management across all sectors in Australia.

Formation and Purpose

ARPI was formed to promote and encourage the adoption of Strategic Risk Policy, which it defines as the driver and pinnacle for protecting against and leveraging vulnerabilities or potential risks. This approach aims to reduce risks and address complex problems, empowering Boards and Executive Committees to make more timely and effective decisions. It emphasizes integrated risk management for best-practice performance and sound corporate governance.

Strategic Risk Policy

ARPI's Strategic Risk Policy is designed to address the evolving nature of risk in today's transformational world. It identifies risk as the consequence of the conjunction of vulnerability, threat, and threat actor, emphasizing the importance of understanding vulnerabilities as potentialities or possibilities of strategic risks. This approach enables organizations to anticipate and prepare for potential risks, thereby building resilience.

ARPI's leadership paradigm change encourages a shift from organization-centric thinking to network-centric thinking, acknowledging that information resides in networks. This new perspective is crucial for addressing interconnected challenges in the modern digital landscape.

Global Presence

ARPI's Strategic Risk Policy has attracted global attention, leading to the expansion of its presence under the Global Risk Policy Network (GRPN). The GRPN includes various affiliated institutes worldwide, such as the European Risk Policy Institute and the Asian Centre for the Global Risk Policy. These organizations promote informed and preemptive decision-making across diverse sectors.

Activities

ARPI engages in several key activities:

• Educational Courses: Providing training to develop world-class ARPI-certified Risk Leaders through Strategic Risk Policy courses.
• Research and Infrastructure Resilience: Conducting research on the inter-relationship between Artificial Intelligence (AI) and Intelligence Augmentation (IA), as well as enhancing the resilience of critical global infrastructure and cybersecurity.
• Network Digitalization: Participating in major network digitalization projects to support modern risk management strategies.

Impact and Recognition

ARPI's work, particularly through the GRPN, has led to international collaborations, such as establishing India's first Global Risk Policy Network. The institute's perspectives on global vulnerabilities highlight critical challenges, including the need for intelligence equilibrium between AI and IA, and the importance of understanding interconnected IT risks.

By redefining the concept of risk and promoting Strategic Risk Policy, ARPI plays a significant role in shaping leadership and decision-making in today's transformative world.

[1] https://arpi.org.au [2] https://grpn.net [3] https://arpi.org.au/about-us/ [4] https://www.acnc.gov.au/charity/charities/b11e75c7-42cd-ea11-a812-000d3ad1f9f4 [5] https://eiscouncil.org/10-global-vulnerabilities/