Introduction
This Risk Management, Control and Compliance training course will enable you to deal with one of the most difficult challenges in 21st century management. Evaluating the range of available risk management techniques and choosing the most appropriate action in each case are increasingly significant elements of managerial responsibility in today’s business environment. We cannot eliminate risk entirely, but our challenge is to identify the right risk to take and to minimise its potential negative impact. The training course will show you how to analyse and minimise risk; turn risk into opportunity; and manage uncertainty.
This training course is structured around the ISO 31000:2018 framework, principles and processes. It will also demonstrate how to develop internal control mechanisms and explain how to measure risk in terms of probability and potential impact, at the same time as ensuring that the organisation complies with increasingly strict international standards of corporate governance.
This GLOMACS training course will highlight:
- The knowledge to identify, analyse, evaluate, treat, monitor and control risks
- An overview of leading-edge tools and techniques used in risk management
- Insights into the fundamentals and role of risk management
- Effective risk management procedures based on ISO 31000:2018
- Increasing confidence in managing risk and exercising internal control
Objectives
At the end of this Risk Management, Control and Compliance training course, participants will be able to:
- Understand risk management and its application within an organisation
- Identify, evaluate and control risk in strategy and operations of your organisation
- Design and implement an effective risk management process
- Ensure that your organisation can meet the rising standards of corporate governance
- Communicate the characteristics of effective risk management to your teams
Training Methodology
This Risk Management, Control and Compliance training course uses a range of proven advanced learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes group discussions, facilitated case studies, presentations and team-based exercises. It will also include case examples of situations in which the training course leader has been personally involved.
Each session allows you to develop your skills and then to work out now to apply them in your organisation to:
- Increase the effectiveness of your current approach
- Prepare your plans for further development of these important managerial activities
Organisational Impact
In sending delegates to this Risk Management, Control & Compliance training course, the organisation will gain the following benefits:
- Realistic perspectives on business prospects
- Risk-adjusted evaluations of development opportunities
- Improved feasibility analysis of proposed new projects
- Improved performance in strategic and operational management
- Closer match of programme / project objectives and outcomes
- Guaranteed compliance with rising standards of corporate governance
Personal Impact
In attending this training course, individual delegates will enhance the following skills:
- Incorporating risk analysis in all decisions
- Keeping projects under control against objectives and outcomes
- Applying risk-adjusted calculations of business potential
- Reducing the failure rate of high-risk projects
- Contributing to continuous improvement of risk, control and compliance processes
- Involving all team members in identifying and minimising risk
Who should Attend?
This Risk Management, Control and Compliance training course is potentially of great value to a wide range of managers who are responsible for evaluating issues that affect decisions on risk and the challenges of keeping control of increasingly complex businesses.
The following would benefit from this training course:
- Strategic and Operational Planners
- Financial Managers
- Human Resource Specialists
- Systems and Process Design Specialists
- Marketing and Commercial Managers
