Duration:
One day
Description:
This training program is designed to help you acquaint others with the basics of risk management and safeguarding the company. In this course, participants
will learn about different categories of risk, including financial and non-financial risks, controllable and non-controllable risks, and internal and
external risks. They will also learn how to assess and control their company's risk, and be able to implement systems for keeping risks under control.
Table Of Contents:
INTRODUCTION
Welcome and Introductions
Learning Objectives and Agenda
MODULE 1: DEFINING RISK
What Is Risk?
The Multiple Facets of Risk
A Typology of Risks
The Nature of Risk
Integrated Risk Management
Assessing Risk Appetite and Knowing the Law
MODULE 2: ASSESSING THE RISKS
Risk Mapping
ABC Classification of Risks
Net Present Value and Real Option Theories
Perceived Risk vs. Actual Risk
Stress Tests for Assessing Catastrophic Risk
Assessing Legal Risks
MODULE 3: MANAGING THE RISKS
Addressing the Risks
Zero Risk Is Not an Option
Business Continuity Planning
Crisis Management and Communication
Using Data Models vs. Common Sense
Reducing Legal Risk
MODULE 4: CONTROLLING RISKS
Internal Control Systems
A Posteriori and Anticipatory Controls
Detective, Preventive, and Protective Systems
Corporate Governance Risk
Audit Risk
Management Audits
The New Role of the Risk Manager
Implementing a Reasonable Approach
Know and Watch the Law
CONCLUSION
Learning Objectives Review
Course Evaluation