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The present perspective summarizes and projects the results of a two-day workshop held in 2013 with the presence of 21 known disaster risk specialists from academia and practice. Faced with the disconnect between ever-increasing and even-accelerating disaster losses and the declared progress in disaster risk management (DRM) practice over the last eight years, the document attempts to explain the current situation and project future needs in order to increase the saliency and effect of DRM. A review of current conceptual problems and their impact on knowledge and action, of the current role of DRM in society, of governance aspects and of the notion of transformative development and its relationship to DRM is provided. The critique of current practice and understanding of disaster risk then leads to an attempt to identify key needs for the future and changes that must be introduced in order for DRM to become …