RIMS Workshop

Mastering Intelligence Risk Management Techniques

This workshop is aimed at enterprise risk managers across all industries who are required to identify and analyze risks and uncertainties associated with both time-sensitive as well as high-impact strategic decisions.

Intelligence Risk comprises the information overload, inconclusive data, cognitive biases, organizational influence and intense time pressure involved in high-stakes business decisions. In such situations, traditional risk analysis methods often come up short, as demonstrated by the long list of well-publicized business debacles in both financial and non-financial sectors. Why traditional risk management of complex and uncertain situations is error-prone in the business world is exemplified by the following reasons.

High-stakes decision-making typically takes place infrequently, meaning that participants have few opportunities to hone their risk management skills in complex and uncertain situations.
The large amounts of data, expert projections and qualitative risk analysis which are contributed by multiple departments, functions and stakeholders in such situations present an enormous challenge to reconcile in a short timeframe.
Organizational biases frequently interfere with the objectivity of risk identification and analysis of complex and uncertain situations.

Typical examples include:

  • “Here’s what I (the CEO) want to do, speak up anybody who thinks it’s a bad idea”
  • “The accountants have already run the numbers, so all you have to do is vote yes or no”
  • “We’ve already run this by our lawyers and they’re fine with it”
  • “You can ask as many questions as you like, but we have to make a yes/no decision by the end of this meeting”

By contrast, in the world of government intelligence analysis, disciplined risk analysis processes have been developed and field-tested over more than 20 years to manage the constant and ever-changing stream of high-stakes situations involving money, lives, property and influence.

The workshop introduces participants to the Structured Analytic Techniques used in the intelligence sector, explains their purpose and mechanics, and shows participants how they work in practice through an interactive, real-world business case study. It also demonstrates how best practices in Intelligence Risk Management can foster organizational collaboration, transparency and analytic integrity, lever organizational knowledge and prevent interference from conscious and unconscious biases and internal politics.

     

Who Should Attend

  •  Senior risk executives and their direct reports, whose risk analysis influences high-stakes decisions
  •  Senior business executives, who need an analytical process for high-stakes decisions which is balanced, objective, transparent and repeatable
  •  Analysts who work on either business or risk aspects of high-stakes situations
  •  Board directors responsible for approving or challenging high-stakes business propositions
  •  Internal Audit executives, responsible for verifying the exercise of good corporate governance and analytical practices in high-stakes situations


What You Will Cover

  • Concepts and taxonomy of Structured Analytic Techniques (SAT’s)
  • How SAT’s fit into the business world
  • Practical examples of specific SAT’s
  • Five-part, interactive case study using end-to-end structured analytical methods to assess a high-stakes situation
  • Workshop Tools
  • A comprehensive course notebook will be provided to all participants.

Workshop Tools

  • A comprehensive course notebook will be provided to all participants.

 


Additional Notes

We suggest that you register on-line for quick registration. If you are mailing us a check or doing a bank transfer, you need to fax us a copy of the registration form in order to hold your seat in the program. Registration is not guaranteed until we receive payment.  If you wish to participate in a RIMS course, the registration fee needs to be received by RIMS before the first day of the course.

If you register by mailing a check or doing a bank transfer, you will be accepted as long as the program is not sold out when we receive your payment.

International Attendee Information/Travel Visas- APPLY EARLY! Visa applicants are advised to apply to the consulate as soon as they decide to attend a program. We suggest at least four months in advance to allow enough time for the visa approval process to take place.

Since registrations will be limited, we suggest registering as soon as possible.

If you have any questions or need additional information, please contact through our online contact form.

Cancellations and Refunds

RIMS reserves the right to cancel a course if conditions warrant. In the event of such a cancellation, registration fees will be refunded. RIMS is not responsible for any travel or lodging expenses that an attendee may incur due to such a cancellation. Before purchasing your airline ticket, please confirm with RIMS (pd@RIMS.org) that there are enough registrations to conduct the program.

All requests for refunds or changes must be submitted in writing. Registrants who cancel 15 business days or less prior to the start of the workshop can send a replacement from their company or receive credit to attend another workshop with the same duration and cost within a year of the cancelled registration. Please note if the member rate was paid for the original registration and you elect to send a replacement or transfer the credit to another employee of your organization who is not a member, an additional fee will be charged to offset the difference between the member and nonmember rate. No refunds will be issued for cancellations less than 15 days from the start of the workshop.