Applied Risk Management

PROGRAM COMPONENTS

Applying and Integrating ERM (Virtual Workshop)

This interactive workshop provides the essential knowledge and practical tools to fully integrate an ERM framework into your organization's strategy and decision-making processes. It covers every step of program building—from gaining initial commitment to monitoring progress and measuring results.

Key Learning Objectives:

• Establish Core Knowledge: Master basic concepts, principles (e.g., ISO 31000/COSO), and the evolution of risk management as a strategic discipline.
• Design and Activate: Create a customized ERM framework and implementation plan tailored specifically to your organization.
• Drive Commitment: Learn to gain leadership support, establish governance, and assess cultural factors critical for success.
• Monitor and Optimize: Implement continuous monitoring and improvement processes to maximize strategic value.

Emerging Risks (Virtual Workshop)

In today's rapidly evolving landscape, traditional risk assessments often miss newly developing threats. This workshop equips participants with the skills to proactively identify, assess, and develop strategies to mitigate emerging risks. It emphasizes a forward-thinking approach, focusing on risks that are not yet fully understood to build organizational resilience.

Key Learning Objectives:

• Proactive Identification: Develop the ability to detect potential threats early through techniques like future casting and pre-mortem analysis.
• Enhanced Strategic Decision-Making: Learn to incorporate emerging risks into strategic planning processes, ensuring informed and forward-thinking decisions.
• Strengthened Resilience: Understand how to build resilience by aligning emerging risks with organizational goals and fostering a supportive culture.
• Support ERM: Align risk classification with organizational goals and strategic plans to evolve the ERM maturity.

Designing an Enterprise Risk Management Framework (On-Demand Course)

Focused on starting or re-starting an ERM program, this self-paced course helps professionals design a robust, value-added framework. It approaches ERM as a strategic plan that must function within an organization's existing culture.

Key Learning Objectives:

• Proactive Strategy: Discuss how to modify traditional approaches to develop a more proactive risk management strategy.
• Core Values Analysis: Analyze how organizational values affect risk-taking attitudes, appetites, and tolerances.
• Value Calculation: Calculate the value added to the organization through ERM implementation.
• Design Elements: Identify specific design elements required before conducting the first risk assessment.

Risk Appetite Management (On-Demand Course)

This comprehensive, self-paced course addresses the critical area of risk appetite management. It provides the skills to develop a framework that links strategy with risk management, strengthening risk culture and enhancing performance during turbulent times.

Key Learning Objectives:

• Distinguish Key Concepts: Determine the differences and correlations between risk appetite, risk tolerance, and thresholds.
• Build Metrics: Understand key metrics and principles necessary to build risk appetite.
• Overcome Obstacles: Gain insight into successful approaches for overcoming implementation obstacles.
• Tool Access: Gain access to tools for managing your own risk content.