* All fees are exclusive of vat ** PREMIUM - Customize your learning experience
This Five-day fundamental of Risk Management (FoRM) course provides a robust introduction to Enterprise Risk Management (ERM) and the ISO 31000 risk management standard. The course covers both theoretical and practical perspectives.
The training course discusses risk as a concept, its potential impact on an organization and how risk management can be applied and sustained in an organization. Throughout the course, you will explore the practical processes involved in identifying, and evaluating the internal and external risks to an organization. Response and reporting procedures, such as auditing, compliance, and governance will be covered.
What Do Participants Learn?
Organizational performance: How risk management can assist organizations to achieve their objectives and optimize decision making.
Governance and sustainability: The benefits of risk management and its relationship with governance, assurance, and sustainability.
Internal and external risk exposure: The types of risk faced by an organization and the concepts of positive and negative risk.
ISO 31000: Risk management principles, framework, and processes.
Culture: The importance of culture, communication, and behavior in an effective risk management structure.
Maturity: How to assess your organization’s risk maturity and identify where improvements can be made.
Workshops: Facilitation techniques to make your risk workshops interactive, efficient, and effective.
Assessment: Assessing risk and selecting appropriate actions and controls using key tools, such as risk registers, risk bow-ties, and risk matrices.
Communication: How to communicate risks to all levels of your organization, and to external stakeholders. Appetite and tolerance: How to determine your organization’s appetite and tolerance for risk.
Who Should Attend?
Risk management practitioners
Executives and Heads of Departments
Anyone new to risk or wishing to enter the risk profession.
What Will the Learning Experience Include?
Comprehensive pre-program activities include:
Web-based information forms & surveys completed by attendee.
Direct consultation with the attendee about the expectations.
During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
Participants learn from expert trainers who have both academic and business experiences.
Highly applicable training content & instructive activities for adding depth to training topics.
**A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Explore & Practice
Apply & sustain the learning experience by using this ongoing support:
To ensure participant has new skills or behavior progress.
Optional, fee-based mentoring & coaching with the trainer.
Training materials & additional documents (e-books, pdf files, presentations and articles)
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How risk management can assist organizations to achieve their objectives
The benefits of risk management and its relationship with corporate governance, social responsibility, sustainability and organizational prosperity
The types of risk exposure typically faced by an organization and the concepts of opportunity and downside risk
External influences such as markets and regulation
ISO 31000 and risk management principles, framework and process
The skills to assess risk effectively and to select appropriate risk treatment techniques
How risk management should be organized and its relationship with boards, audit and other business functions
The importance of culture, communication, incentives and behavior in an effective risk management structure