Financial Risk: Problems Analysis and Solving

Section One: Critical Thinking

• What is critical thinking
• How to use it
• Why use it
• Resourceful thinking
• The Habitual Criteria & core patterns of critical thinking
• The essential patterns for more advanced critical thinking

Section Two: Risk

• What is a risk?
• Identify the types of risks
• Risk: Reward decision model introduction
• The choices to deal with every risk
• Risk models introduced
• Assurance vs. insurance

Section Three: Root Cause Analysis

• Defining Root Cause Analysis (RCA)
• Basic elements of root cause
• General principles of root cause analysis
• The general process for performing and documenting an RCA-based Corrective Action
• Root cause analysis techniques

Section Four: Problem Solving

• Defining the Theory of Constraints (TOC)
• Introduction of the PDCA model
• The Problem-solving worksheet
• Introduction of the 9-step problem-solving process
• The steps expanded model & its value
• Problem-solving tools

Section Five: Putting it all together

• A case study 
• Applying critical thinking
• Applying risk analysis
• Applying root cause analysis
• Applying problem-solving