Why Choose this Training Course?
Post pandemic, have you and your colleagues adjusted for the “new normal”?
To put ERM in its simplest form it means You are learning to expect the unexpected. It means that You, the ERM or project manager, must start your team thinking about risk, prevention, and “what if” scenarios at the start of project planning, not when an incident occurs.
There is now an urgent need for you and your team to rapidly revise your risk criteria and relevant mitigation plans. Without doubt, 2020 indicated that every business confronted an array of unexpected risks.
Your investment in attending these five intensive days on Enterprise Risk Management will challenge you to think creatively on improving your risk-taking capabilities, allowing you and your organization to prepare for the next unexpected turn of events, to benefit from new opportunities facing your industry, minimizing risks and extra costs - before they happen.
What are the Goals?
By the end of this COPEX training course, you will be able to:
- Apply the necessary expertise in implementing a complete ERM process
- Effectively oversee a vibrant ERM and Business Resilience culture
- Identify and evaluate your ERM frameworks and practices
- Understand the changes in ERM practices as a result of the global paradigm shift
- Comprehend mechanisms of resilient corporate governance & its relationship to ERM
- Guide Organizational Deployment
Who is this Training Course for?
This COPEX training course is suitable to a wide range of professionals but will greatly benefit:
- Practitioners & implementers requiring new thinking post pandemic
- Designated Incident, Emergency & Crisis Response Managers
- Line & Project Managers who need to ensure that they are effectively managing risk
- Professionals who want a practical starting point for establishing an effective ERM
- Business Continuity Managers
- Anyone involved in implementing a Business Resilience framework
- Objectives & Governance, concepts & definitions
- Mapping and assessing Your current governance arrangements
- Commitment - Setting Your objectives for implementing the latest guidance
- Who are the internal and external stakeholders?
- The importance of culture, communication and behaviour in seeking an effective ERM structure
- An overview of the global post pandemic business environment
- Enterprise Risk Management – The Resilient Organisation
- ERM framework and process
- ERM responsibilities – who does what, who is on the team
- ERM accountabilities and performance measures
- Compare Your current ERM to ISO31000:2009 principles
- Alignment between ERM policy and the organisation
- Risk attitude: pursue, retain or avoid with respect to risk appetite and tolerance
- Options for risk criteria, assessment, identification, analysis and evaluation
- Fundamental principles of Business Continuity Management
- Implementation of a BCMS in accordance with ISO 22301 & 27031
- Business Impact Analysis (BIA) and Risk Assessment
- To understand the relationship between BCMS and the compliance with the other ERM requirements, including supply chain strategies
- Writing a business case and a project plan for the implementation of a BCMS
- Incident and emergency response management (including mutual aid)
- Resources and methodologies to implement The Plan
- Ensuring ERM becomes part of significant decision-making
- What are the likely barriers to implementation (risk culture)?
- Risk reporting & the limitations of various risk reporting tools & methodologies
- Assess the merits of quantitative risk modelling & qualitative reporting
- Align your risk reporting processes with other strategically important management activities, such as reputation management
- Key risk indicators (KRI´s)
- Continuous improvements, running your own team-based risk workshops
- Collate risk and control information from multiple sources into a central risk register or inventory of risk information system
- Controls register or inventory of controls (The “Five Ws”)
- Understand feedback provided to you by those you communicate with and take on board “lessons learnt”
- COPEX Certificate of Attendance will be provided to delegates who attend and complete the course