This “Professional Risk Manager” training course
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 minimize its potential negative impact. The training course
will show you how to analyse and minimize 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 organization
complies with increasingly strict international standards of corporate
governance.
This course 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 course
participants will be able to:
Understand risk management and its
application within an organization
Identify, evaluate and control
risk in strategy and operations of your organization
Design and implement an effective
risk management process
Ensure that your organization can
meet the rising standards of corporate governance
Communicate the characteristics of
effective risk management to your teams
Target Audience
Who is this 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 Training Course be Presented?
This course uses a range of proven advanced
learning techniques to ensure maximum understanding, comprehension and
retention of the information presented. This includes group discussions,
facilitated case studies, presentations and team-based exercises. It will
also include case examples of situations in which the course leader has been
personally involved. Each session allows you to develop your skills and
then to work out now to apply them in your organisation to:
Increase the effectiveness of your
current approach
Prepare your plans for further
development of these important managerial activities
Organizational Impact
In
sending delegates to this course, 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 course,
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 minimising 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
Risks
associated with intellectual property law
Product
liability/litigation/reputational risk
Day Five: Embedding Risk Management into the Corporate
Culture
Latest
developments in the field of risk management
A structured
approach to implementing risk management
Case
example of best practice and group discussion of its applicability
Designing/developing
a risk management process for your own organisation
Implementing
and embedding a risk management culture in your organisation
Awarded Certificate
On successful completion of this training
course, Certificate will be awarded to
the delegates
