This “Risk Management, Control and Compliance”
virtual training seminar will enable you to deal with one of the most difficult
challenges in 21st century management.
Evaluating
the range of available risk management techniques and choosing the most
appropriate action in each case are increasingly significant elements of
managerial responsibility in today’s business environment. We cannot
eliminate risk entirely, but our challenge is to identify the right risk to
take and to minimise its potential negative impact. The seminar will show
you how to analyse and minimise risk; turn risk into opportunity; and manage
uncertainty.
This course is structured around the ISO 31000:2009
framework, principles and processes. It will also demonstrate how to develop
internal control mechanisms and explain how to measure risk in terms of
probability and potential impact, at the same time as ensuring that the
organisation complies with increasingly strict international standards of
corporate governance.
This training seminar will
highlight:
The knowledge to identify,
analyse, evaluate, treat, monitor and control risks
An overview of leading-edge tools
and techniques used in risk management
Insights into the fundamentals and
role of risk management
Effective risk management procedures
based on ISO 31000:2009
Increasing confidence in managing
risk and exercising internal control
Training Objectives
What
are the Goals?
At the end of this
training, participants will be able to:
Understand risk management and its
application within an organisation
Identify, evaluate and control
risk in strategy and operations of your organisation
Design and implement an effective
risk management process
Ensure that your organisation can
meet the rising standards of corporate governance
Communicate the characteristics of
effective risk management to your teams
Target Audience
Who is
this Online Training Course for?
This Risk Management, Control and Compliance training seminar is potentially of great value to a wide range of managers
who are responsible for evaluating issues that affect decisions on risk and the
challenges of keeping control of increasingly complex businesses.
The following would benefit from this training:
Strategic and Operational Planners
Financial Managers
Human Resource Specialists
Systems and Process Design
Specialists
Marketing and Commercial Managers
Training Methods
How
will this Online Training Course be Presented?
Participants to this training course
will receive a thorough training on the subjects covered by the seminar
outline, with a combination of theory, practical examples, many exercises and
application on issues from their own work environment. Besides a comprehensive
training manual, participants will receive additional materials like process
cards, work sheets, case descriptions, sample solutions, etc.
Organizational Impact
In sending delegates to this online training seminar, the
organization will gain the following benefits:
Realistic perspectives on business
prospects
Risk-adjusted evaluations of
development opportunities
Improved feasibility analysis of
proposed new projects
Improved performance in strategic
and operational management
Closer match of programme /
project objectives and outcomes
Guaranteed compliance with rising
standards of corporate governance
Personal Impact
In attending this training seminar, individual delegates will
enhance the following skills:
Incorporating risk analysis in all
decisions
Keeping projects under control against
objectives and outcomes
Applying risk-adjusted
calculations of business potential
Reducing the failure rate of
high-risk projects
Contributing to continuous
improvement of risk, control and compliance processes
Involving all team members in
identifying and minimizing risk
Daily Agenda
Day One: Understanding Risk Management –
Context and Application
Creating a Robust Strategy – The foundation of your business
Understanding the Difference
between Strategic and Operational Risk
Risk and Uncertainty: The Difference
between the Two Terms
Risk Aversion and Risk Tolerance
– Project
Selection and Prioristisation
Using Quantitative and Qualitative
Techniques in Assessing Risk
The Concept of the Risk Management
Cycle and How This Works
Day Two: Identifying and Evaluating Risk
The Principal Drivers of Risk in
Contemporary Business
Assessing Most Significant
Categories of Risk for Business
Global Processes, Guidelines and
Standards in Risk Assessment
The Relevance of ISO and the
Professional Institutions
Application of the Main Tools and
Techniques in Managing Risk and Uncertainty
Optimising a Risk Management
Process
Day Three: Understanding and Managing
Specific Types of Risk (I)
Strategic Risk – Deciding on the programme /
project mix
Incorporating Risk Analysis into
Business Development Decisions
Contingency Planning and
Understanding Risk Exposure
Operational Risk – Coping with variance and
divergence from plan
Managing Complexity in
Contemporary Business Structures
Managing Risk Associated with
Alliances and Joint Ventures
Day Four: Understanding and Managing Specific
Types of Risk (II)
Financial Risk – Capital market dynamics, exchange
rate exposure
Risks Associated with Different
Forms of Corporate Capital Structure
Risks Associated with Management
of Cash Flow / Credit
Legal Risk – The Requirements of
Corporate Governance
