Risk Management - An Introduction
Course Objectives
The effective and timely identification, measurement, mitigation and management of Risk has become one of the most important governance issues for organisations. This is even more important for organisations that have a high public visibility in terms of their role and function.
The proposed program considers Risk from a 'practical application' perspective; it is light on academic theory but heavy on strategic and operational application. The delivery style is discursive and interactive using focused scenarios to enhance applicability. To this end the facilitator will gladly sign a non-disclosure agreement that will allow focused discussion which will enhance engagement and learning.
The course draws on the Australian/New Zealand Standard AS/NZS ISO 31000-2009 Risk Management - Principles and Guidelines (previously AS/NZS 4360) and it is particularly valuable for organizations wishing to bring senior individuals together to focus on the key business management risk issues.
Contents
Areas included in program are as follows:
1. The development of an effective, dynamic risk register
2. Identification of risk and the mapping of its impact: primary, secondary and tertiary and synergistic
Risk and the need for organisational integrations
Risk and decision making
Risk: Qualitative, cost / loss of function, and
Risk: Quantitative, image and reputation, credibility and public confidence
Risk option spectrum
Risk and media/press engagement and management
When risk turns to threat!
Risk governance - management hierarchy
-To deter risk
-To detect risk
-To respond to risk
-To review risk: outcomes, management process and effectiveness
Responding to risk mitigation / management: impact and likelihood of failure and underperformance: A learning development tool
- Senior managers responsible for overall policy and business planning
- Personnel responsible for dealing with the various quality management standards and their equivalents, and their integration
- Personnel involved in corporate governance programmes
- Personnel involved in business risk management and continuity.
Course benefits
Tailored approach; in order to maximise outcomes, the facilitator will engage with the organisation prior to the delivery of the program. This will ensure we have a full understanding of organisational context and need.
Additional information
Further help in planning and detailing a risk-based system can be given if required.
Certificates
All delegates who successfully complete this course will receive a certificate of attendance.
Trainers background
The trainer for this programme has extensive international experience in designing, implementing and auditing various forms of management systems - Strategic and Operational Management Leadership; Environmental; Organisational Risk and Threat; Information, Data Security and Critical Process vulnerability.
