Managing Business Risk

Overview

In the modern business world today, it has become increasingly paramount for business leaders to ingrain risk management in their strategic focus.

Risk management is any action, measure, or strategy that helps a business evaluate its risks and control or eliminate the impact of these risks. When used effectively, risk management can reduce your organization’s losses and liabilities.

Target Audiences

Key ROI Derivatives

Training Objectives

Participants will gain the capability to:

• Identify and plan for risks facing the business
• Develop proactive risk management strategies
• Quantify risk on business impact
• Apply risk-based approaches in business growth
• Provide leadership for risk management strategies

Summarised Topical Outiline

Developing a risk management plan

Evolution of risk management

Risk management environment

Plan development and implementation

Risk identification and control

Risk identification

Risk evaluation and control

Risk classifications

Risk exposures

Risk categorization

Risk financing methods

Overview of risk financing

Risk transfer

Risk retention

Risk management

Contract management

Business contingency planning

Express Interest