Enterprise Risk Management Training (ERM)

ENTERPRISE RISK MANAGEMENT TRAINING

Proactive Risk Management is core to organizations’ survival.

An Enterprise Risk Management (ERM) approach is the most effective means of risk management

4-Day Introduction Enterprise Risk Management Training

Course Outline:

Risk management has emerged as well-entrenched discipline that should be an important part of every organization. With changing times, however, traditional risk management techniques are not sufficient to comprehensively address organizations’ risks. Organizations need to adopt, define, implement, and maintain an enterprise risk management (ERM) approach that ensures comprehensive risk management across the organization.

ERM is a process by which organizations identify measure, manage, and disclose all key risks to enhance organizations’ value to stakeholders. ERM pertains to (a) considering risk from all sources (financial, strategic and operational); (b) measuring the integrated impact of multiple risks occurring simultaneously; (c) aggregating exposures to the enterprise level; and (d) integrating risk information into strategic planning, based on the organization’s risk appetite.

This course draws from leading practices as captured in standards and application to managing risk in enterprises, including the COSO framework, ISO 31000, and ISO 22301, ISO9001:2015 among others.

Objectives

Expose participants to existing and emerging practices in ERM, specifically:

Examine the “why, what, when, how and who” aspects of ERM
Establish the relevance of ERM and ERM practices in an enterprise
Develop practical steps towards ERM management systems in your enterprise
Demonstrate how to plan, develop and implement an Enterprise Risk Management Framework
Discuss risk-based approach in ISO9001:2015 and demonstrate tools for QMS automation thereof

Why should you attend?

Who should attend?

· Understand the why, what, when and how of risk management

· Appreciate the value of systematic approach provided by ERM in managing risk

· Know approaches and methodologies for effective ERM and ERM framework development

· Comprehend the roles & responsibilities for players for effective risk management

· Managers & senior operations personnel responsible for risk management, technology, human resource, finance, administration, facilities, etc.

· Operations personnel responsible for risk management & compliance

· Officials of public and private sectors, as well as agencies concerned with enterprise risk management

· Public relations and corporate communications managers

Topics

Day One	Day Two
· The Basics of Risk and why we must care · Risk Management: Scope & Purpose · Risk Assessment, Analysis & Evaluation; Practical Risk Assessment, Perception & Communication	· ERM Frameworks, Standards and Practices · ERM Corporate Governance, · Risk modeling & Practical ERM Implementation · ERM as corporate culture
Day three	Day Four
· ISO 9001: 2015 The Risk Approach · Reporting, Monitoring and Embedding ERM into organizational processes · ERM Automation: Practical Demonstration of Q-Pulse	· Recording risk & risk inter-dependencies · Risk Treatment: Controls & Financial · Quantifying risk-related benefits · RECAP