Why Choose this Training Course?
Does Risk Management Significantly Impact Business Performance? Is It Essential?
Risk Management plays a crucial role in balancing the inherent risks of pursuing profit and achieving organizational goals with the need to safeguard assets. This Certificate in Risk Management & Business Performance training course will equip you with the skills to effectively prepare for and manage both anticipated and unforeseen risks, including those that could be severe or catastrophic. Throughout the course, you will delve into common pitfalls and inadequacies in risk management practices and learn how to address them effectively. While risk management is often poorly executed, when applied systematically and rigorously, it can greatly enhance performance and competitiveness across the organization.Discover how a well-implemented risk management strategy can substantially contribute to your business’s success and operational efficiency. This course will provide you with the tools and insights needed to turn risk management into a powerful asset for your organization.
This training course will feature:
- The need for dangers and best practices associated with Risk Management
- The role of Risk Management in contributing to performance and competitiveness
- The relationships between Risk Management and other functional areas
- The concepts, approaches, international standards, methods and techniques for the effective implementation of Risk Management
- Evaluating current provision & developing mechanisms to support application across the organisation
What are the Goals?
By the end of this training course, participants will be able to:
- Master the concepts, approaches, international standards, methods and techniques for the effective implementation of Risk Management
- Discuss & learn the practical application of these best practices, through case studies & exercises
- Evaluate current provision & develop mechanisms to support application across the organisation
- Guide organisational deployment
- Champion Risk Management at all levels of the organisation
Who is this Training Course for?
This training course is suitable to a wide range of professionals who are involved in any aspect of Risk Management and who want to understand, implement and improve the most up to date Risk Management concepts, processes and ideas. For example:
- Experienced Risk & Business Continuity Managers & Practitioners desiring a refresher on recent developments
- Internal auditors and Compliance Managers who seek to fully understand Risk Management & ISO 31000
- Team leaders, supervisors, section heads and managers
- Project, purchasing, finance & operations managers and technical professionals including those in Maintenance, Engineering & Operations
- Change, Transformation & Organisational Development Managers, Excellence & Quality Professionals and all Other Managers
How will this Training Course be Presented?
This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes plenary sessions, group and individual exercises, use of case studies, reflection and discussion. Delegates will have the opportunity to discuss course content in the context of their own organisations, take stock of their businesses’ current position and evaluate and plan improvement.
Course Outline
Day One: Introduction to Risk Management
- The need for dangers and best practices associated with Risk Management
- The common shortfalls and inadequacies in the treatment of risk
- The concepts, approaches, international standards, methods and techniques for the effective implementation of Risk Management
- Practical application of best practices
- Case studies
- Delegates’ self-evaluation
Day Two: Managing Risk to Maximise Performance
- Balancing the inevitability of risk in the pursuit of profit and objectives
- Evaluating Risk Management frameworks and practices
- Building an efficient & effective Risk Management structure
- The use of ISO 31000 in Designing the Framework for Managing Risk
- Risk Management organisational alignment
- Evaluating current provision
Day Three: The Leadership Responsibility
- Developing Enterprise Risk Management (ERM)
- Guiding organizational deployment
- Evaluating current provision & developing mechanisms to support application across the organisation
- Championing Risk Management at all levels of the organisation
- Managing stakeholders
- Managing Change
Day Four: Business Continuity
- The critical nature of Business Continuity
- The relationship between Risk Management and Business Continuity
- Principles of Business Continuity & Business Continuity Management Systems (BCMS)
- Incident and emergency response management
- Analysing the Impact on the business
- Application of ISO 22301 & ISO/IEC 27031
Day Five: Risk Evaluation
- Resilience & Anti-Fragility
- Risk reporting and the limitations of various risk reporting tools & methodologies
- Key risk indicators (KRI´s)
- Monitoring, Review and Continuous Improvement of the Framework
- The Next Steps
- Course Review
The Certificate
- Copex Certificate of Attendance will be provided to delegates who attend and complete the course.
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