Operational Risk Management & Mitigation

Corporate risk management tends to take a broad, strategic view of threats to an organisation, covering financial exposure, market conditions, and reputational factors. Operational Risk Management drills into the day-to-day systems, people, and processes that keep an organisation running. This Operational Risk Management & Mitigation training course builds a six-step, end-to-end approach to identifying and mitigating the risks that can disrupt operations before they escalate into something more serious.

This training course works well for both. The foundations covered on Day 1 provide a solid grounding for those newer to the discipline, but the depth introduced across Days 2 through 5, covering risk modelling, Key Risk Indicators, quantitative analysis, and embedding a risk culture, will give experienced professionals genuinely useful frameworks to take back and apply in their own organisations.

Both dimensions are covered. The training course includes insight into the psychology of risk prevention and addresses why well-designed processes still fail when human factors are overlooked. Day 4 specifically focuses on building stakeholder ownership and instilling a risk management culture, recognising that frameworks only work when people actually use them.

Yes. The course is built around a proven best-practice framework and draws on established Risk Management Principles and Standards throughout. It also covers the Three Lines of Defence model for Risk Governance and introduces Enterprise Risk Management, giving participants a solid grounding in the structures that regulators and auditors look for.

Day 5 covers web-based risk management tools and how to integrate digital solutions into existing operations. Given the pace of technological change, the course frames technology both as a source of new operational risk and as a practical tool for managing it more effectively.

This is treated as a central challenge rather than an afterthought. Day 4 covers risk management communication, setting a shared vision, and securing stakeholder ownership. The aim is to give participants the language and the approach to bring others along with them, not just to document risks in a register that nobody reads.

Day 3 covers the Three Lines of Defence model, which maps directly onto how audit, risk, and compliance functions relate to each other and to operational management. It also addresses Key Risk Indicators, risk documentation and reporting, and how governance structures provide meaningful oversight rather than just a paper trail.

Yes, this is one of the explicit goals of the final day. Day 5 closes with a structured personal action planning session based on the learning from the whole week. Participants work through how to integrate the tools and techniques into their own operations, so the course does not end with a slide deck but with a starting point for real change.

Trainers are selected based on their direct, hands-on background in operational risk and risk governance. They bring real-world experience from complex operational environments, which means the case studies and discussions in the room draw on situations that actually happened rather than hypothetical scenarios constructed for training purposes.

The training course is designed in accordance with NASBA standards, making it a recognised vehicle for meeting annual professional development requirements. For Risk Management Professionals, Operations Managers, and Engineers who need to demonstrate ongoing learning, this course provides a structured and credible way to do that.

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any related enquiries.

TEL: +971 (04) 425 0700

WhatsApp: +971 (56) 538 7378

Email English: info@glomacs.com

Email Arabic: arabic-training@glomacs.com