Recorded live at Optro CRX 2026, this episode of Risk Is Our Business features Captain Michael Rasmussen in conversation with Jan Murry and Rachel Nelson of GE Aerospace, exploring how internal audit can keep pace with a business environment where change rarely waits for traditional assurance processes to catch up.

The conversation begins with a familiar question about what keeps risk and GRC leaders awake at night. For Jan and Rachel, one of the greatest concerns is whether their organizations and teams are responding to change quickly enough. Drawing on their experiences at GE Aerospace, they discuss some of the biggest challenges they have encountered, the lessons learned along the way, and why breaking down organizational silos is essential to effective risk management.

They also examine what bad risk management looks like and how organizations can avoid repeating familiar mistakes. A central part of the discussion focuses on GE Aerospace's internal audit technology transformation and how Jan and Rachel worked to align that effort with broader enterprise objectives. Rather than treating the implementation of new technology as an achievement in itself, they explain the importance of demonstrating measurable business value and ensuring that innovation improves how the function operates.

The conversation then turns to artificial intelligence and the challenge of balancing rapid technological innovation with the governance and security requirements of a global aerospace company. Michael, Jan, and Rachel explore how organizations can embrace emerging capabilities while maintaining the oversight, discipline, and accountability needed to manage the risks that accompany them.

They also discuss the human side of transformation, including the cultural shifts and change management strategies required to make new ways of working stick. From encouraging user adoption to establishing standardized processes and consistent execution, Jan and Rachel share how meaningful transformation depends as much on people and organizational alignment as it does on technology.