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5.0 (1 Reviews)

Training: Embedding Risk Management

Length
2 days
Price
770 GBP excl. VAT
Next course start
Enquire for more information See details
Course delivery
Virtual Classroom
Length
2 days
Price
770 GBP excl. VAT
Next course start
Enquire for more information See details
Course delivery
Virtual Classroom
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Course description

Embedding Risk Management

The more deeply a risk manager succeeds in influencing the organisation's entire culture, the greater their ability to influence how risks are identified and acted upon. Aligning risk management with general management ensures it becomes part of an organisation's core philosophy.

Embedding Risk Management is a practical two-day workshop on how to set up, enhance or review a risk management framework. You already understand the process of risk management. The next step is to equip yourself to fully integrate business risk and opportunities for innovation into your organisation's corporate governance model. Our interactive workshop sessions explore the barriers stifling risk management and analyse the different solutions. Packed with a series of models you will leave with a toolbox of useful ways of making risk in your organisation more synchronised with how you run your organisation.

The course charts the 5 stages of the risk management process which are:

  • Organisational objectives
  • Organisational risk appetite
  • Risk evaluation
  • Risk treatment
  • Risk assurance

In each stage, we will help you identify practical ways to implement a solid, sustainable and easy way to operate risk management framework in your organisation. We operate small teaching groups so it can be tailored to your needs.

Upcoming start dates

1 start date available

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  • Virtual Classroom
  • Online

Suitability - Who should attend?

This Embedding Risk Management course is suitable for professionals wishing to fully integrate business risk and opportunities for innovation into their organisation's corporate governance model.

  • Organisation leaders & managers who want to understand how a positive approach to risk adds value
  • Risk managers who are charged with risk framework implementation
  • Auditors who have responsibility to provide assurance to the organisation on risk management
  • Board members who set risk appetite and tone from the top in their organisation

Prerequisites

Delegates should have an understanding of the risk management process before taking this course.

Outcome / Qualification etc.

Upon completion of this course, you will be able to:

  • Effectively respond to the behaviour changes that are needed in order to embrace ERM in your organisation
  • Understand different approaches for different levels of management to embed ERM
  • Implement the action plan developed in the workshop

Training Course Content

What the course covers

  • The 5 key stages of a risk framework
  • Organisational culture and risk maturity
  • People biases and how to overcome them
  • Resilience of the organisation to effect change

Key learning objectives

  • Knowledge of the risk management tools that can be best employed in differing situations
  • A deep understanding of the importance of the 5 key risk management steps
  • Methods to help deal with people biases in the organisation

Reviews

Average rating 5

Based on 1 reviews.
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Learning Consultant, Capital One University
5/5
02 Feb 2016
Embedding Risk Management

"I just wanted to let you know that the CEO was extremely impressed by the course you ran for my colleague and I. We loved the course as it stimulated our thoughts beyond expect...

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Expenses

Course fees are:

  • IRM members: £770 + VAT
  • Non-members: £880 + VAT

In-house training

The IRM also delivers courses in-house for groups, teams and companies.

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Institute of Risk Management
2nd Floor, Sackville House
143 - 149 Fenchurch Street
EC3M 6BN London

IRM - Risk Management Training & Qualifications - Open or Distance Learning

The Institute of Risk Management (IRM) is the leading body for professional Enterprise Risk Management (ERM). We provide globally recognised qualifications and training, publish research and guidance and set professional standards. We are a not-for-profit organisation, with IRM members working in all...

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