Pro football fans turn their attention yearly to the February “combine” held in Indianapolis. Here, NFL scouts evaluate future millionaires and wannabes. The players demonstrate their skills in the 40-yard dash, standing broad jump, vertical leap, cone drill, and bench press. Team reps administer intelligence tests and put players through exhaustive interviews. Reliable or not, this method of evaluating football prospects has stood for years.

In the corporate world, management teams share with NFL franchises the challenge of evaluating talent and performance. Because it makes little sense to see how fast a risk management runs the 40, what metrics do we use in evaluating their performance?

For companies with risk managers—whether they are full- or part-time—there remains the recurring challenge: How to accurately measure and evaluate if the risk manager is doing a good job? Upper management may think that it has an adept risk manager, but how does it reach that conclusion and know with some certainty? Or, management may harbor concerns about the “value being added” (or not) by a practitioner.  Management may be thinking about eliminating the risk manager position, cutting costs or “doing it on the cheap” by outsourcing the role to the insurance broker.  But how can management determine if those concerns are well-founded?   

Commitment Versus Involvement

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.