Rico Ferrarese, Senior Strategic Risk Manager LEGO Group holds an M. Sc and an MBA and has a past education as an officer in the Danish army. Mr. Ferrarese has been working on developing and implementing strategic risk management within the LEGO Group for the past three years, and is currently focused on the Sales and Marketing organization. During these past years, Mr. Ferrarese has provided a systematic validation of the LEGO Group ERM approach vs. the ISO 31.000 standard and provided a set of recommendations as to further alignment. Most of these recommendations have been implemented leaving the LEGO Group largely in compliance with ISO 31.000 . Furthermore Mr. Ferrarese has been working with proactive risk management to ensure that design of business projects and strategies had risk management embedded in the design.