Why Choose this Training Course?
Does Risk Management Impact Business Performance? Is It Really Necessary?
Risk Management is crucial for balancing the unavoidable risks associated with pursuing profit and achieving organizational objectives, while also safeguarding the company's assets. By engaging in this Certificate in Risk Management & Business Performance online training course, you will learn how to prepare for and manage both anticipated and unforeseen risks, which could be serious or even catastrophic. Throughout the course, you will explore common pitfalls and deficiencies in risk management practices, as well as strategies for effective implementation. Although risk management is often poorly executed, when applied systematically and rigorously, it can significantly enhance operational performance and overall competitiveness. Our training will equip you with the knowledge to address risk management comprehensively, ensuring that it contributes meaningfully to your organization’s success. Discover how effective risk management can be a game-changer for your business performance and learn how to apply these principles to protect and advance your organization.
This online 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 online 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 online 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 course will utilise a variety of proven online adult learning techniques to ensure maximum understanding, comprehension, and retention of the information presented. This includes stimulating presentations supporting each of the topics together with interactive trainer lead sessions of discussion. This course will be taught online using a suitable platform.
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
- A COPEX e-Certificate will be provided to delegates who attend and complete the online training course
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