An interview with Professor Howard Kunreuther moderated by Kim Nelson.
What practice can boards and management apply to overcome their systemic decision biases and reduce the likelihood and the impacts of catastrophic risks? Hear this overview of what works based on research of 100 companies by Wharton Risk Management and Decision Processes Center.
About Our Speaker:
Professor Howard Kunreuther is the James G. Dinan Professor, Professor of Decision Sciences and Public Policy at the Wharton School, and co-director of the Wharton Risk Management and Decision Processes Center. He has a long-standing interest in ways that society can better manage low-probability, high-consequence events related to technological and natural hazards. Howard is a Fellow of the American Association for the Advancement of Science, a Distinguished Fellow of the Society for Risk Analysis, and recipient of the 2015 Shin Research Excellence Award from the Geneva Association and International Insurance Society (IIS) in recognition of his outstanding work on the role of public-private partnerships in mitigating and managing risks. Recent books include “Mastering Catastrophic Risk: How Companies are Coping with Disruption” with M. Useem; “The Ostrich Paradox: Why We Underprepare for Disasters” with R. Meyer; and “Insurance and Behavioral Economics: Improving Decisions in the Most Misunderstood Industry” with M. Pauly and S. McMorrow.
About Our Moderator:
Kim Nelson is the retired Senior Vice President of External Relations of General Mills, a C-Suite role she held for the past 7 years, reporting to the CEO and leading the company’s global relationships with key external stakeholders including government, activists, consumers, industry associations and the media. One of Kim’s primary responsibilities was managing issues and crises management for the company. In this capacity, Kim developed a proactive, global issues management framework, engaging and aligning key business leaders, the CEO and senior team and the General Mills Board of Directors.
Prior to Kim’s role leading External Relations, she spent 23 years in operating roles in Marketing at General Mills, including serving as President of the General Mills Snack Food Division from 2004 to 2010. In prior assignments, Kim led businesses such as Cheerios, Wheaties, Nature Valley Granola Bars, Betty Crocker Fruit Snacks, Old El Paso Mexican dinners, Chex Mix and Bugles, earning a reputation as an business innovator and strong developer of talent. Kim was the co-founder of the Women-In-Marketing Network and a founding member of the Black Champions Network at General Mills.
Kim is an active member of the Twin Cities community where she is focused on improving education outcomes in communities of color. She is a board member of the Northside Achievement Zone, a member of the University of Minnesota Humphrey School of Public Affairs Advisory Council, and a member of the African American Leadership Forum.
Kim has previously served as the founding co-chair of Generation Next, a collaborative focused on closing educational opportunity gaps and was a founding member of the Midwest chapter of the Network of Executive Women (NEW), an organization focused on the development and advancement of women within the packaged food industry. Kim has also served on the Congressional Black Caucus Foundation board, the YWCA-Minneapolis board (Board Chair), the Partners in Food Solutions board and the Healthy Weight Commitment Foundation board.
Recognition: YMCA Harold Mezile Legacy of Leadership Award Recipient (2015), African American Leadership Forum, Community Service Award (2015), Woman of the Year, Minnesota Women’s Consortium (2013), Public Leadership Award, University of Minnesota Humphrey School of Public Affairs (2012), 75 Most Powerful Women in Business, Black Enterprise Magazine (2010), Woman of Distinction, Girl Scouts of Minnesota & Wisconsin River Valleys (2010), Top 50 Women in Grocery, Progressive Grocer Magazine (2007), Volunteer of the Year, Way to Grow (2007), Minneapolis-St. Paul Business Journal’s Minority Business Award (2007)
Kim received her MBA from Columbia University in 1988 and a BS in International Relations from Georgetown University in 1984.