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Event Series:
A-15 Enterprise Risk Management (ERM)
A-15 Enterprise Risk Management (ERM)
July 17, 2023 @ 2:00 am - July 20, 2023 @ 11:30 am
An Enterprise Risk Management (ERM) approach is the most effective means of risk management.
Enterprise Risk Management Course – Outline
4[1]-Day Introduction Enterprise Risk Management Training[2]
Risk management has emerged as a well-entrenched discipline that should be an important part of every organization. With changing times, however, traditional risk management techniques are not sufficient to comprehensively address organizations’ risks. Organizations need to adopt, define, implement, and maintain an enterprise risk management (ERM) approach that ensures comprehensive risk management across the organization.
ERM is a process by which organizations identify measure, manage, and disclose all key risks to enhance organizations’ value to stakeholders. ERM pertains to (a) considering risk from all sources (financial, strategic and operational); (b) measuring the integrated impact of multiple risks occurring simultaneously; (c) aggregating exposures to the enterprise level; and (d) integrating risk information into strategic planning, based on the organization’s risk appetite.
This course draws from leading practices as captured in standards and application to managing risk in enterprises, including the COSO framework, ISO 31000, and ISO 22301, ISO9001:2015 among others.
Objectives
Expose participants to existing and emerging practices in ERM, specifically:
Examine the “why, what, when, how and who” aspects of ERM
Establish the relevance of ERM and ERM practices in an enterprise.
Develop practical steps towards ERM management systems in your enterprise.
Demonstrate how to plan, develop and implement an Enterprise Risk Management Framework
Discuss risk-based approach in ISO9001:2015 and demonstrate tools for QMS automation thereof.
| Why should you attend? | Who should attend? |
| · Understand the why, what, when and how of risk management · Appreciate the value of systematic approach provided by ERM in managing risk · Know approaches and methodologies for effective ERM and ERM framework development · Comprehend the roles & responsibilities for players for effective risk management |
· Managers & senior operations personnel responsible for risk management, technology, human resource, finance, administration, facilities, etc. · Operations personnel responsible for risk management & compliance · Officials of public and private sectors, as well as agencies concerned with enterprise risk management · Public relations and corporate communications managers |
Topics
| Day One | Day Two |
| · The Basics of Risk and why we must care
· Risk Management: Scope & Purpose · Risk Assessment, Analysis & Evaluation; Practical Risk Assessment, Perception & Communication |
· ERM Frameworks, Standards and Practices · ERM Corporate Governance, · Risk modeling & Practical ERM Implementation · ERM as corporate culture |
| Day three | Day Four |
| · ISO 9001: 2015 The Risk Approach · Reporting, Monitoring and Embedding ERM into organizational processes · ERM Automation: Practical Demonstration of Q-Pulse |
· Recording risk & risk inter-dependencies · Risk Treatment: Controls & Financial · Quantifying risk-related benefits · RECAP |
| IN-CLASS: KES 90,000/$1100 + VAT. Covers: 4-day workshop: morning tea-break snack, lunch, afternoon tea-break snack + learning material: presentation; ONLINE: KES65,000/$600 + VAT | · info@aganoconsulting.com · training@aganoconsulting.com · Phone: +254 101 915 260 |
[1] Refer to our calendar for scheduled dates; check www.aganoconsulting.com or email: info@aganoconsulting.com
[2] Also available for in-house training; contact us for terms and pricing.
