Course Details

Enterprise Risk Management Training Course

INTRODUCTION

In today's rapidly evolving business landscape, organizations face a multitude of risks that can impact their strategic objectives and operational efficiency. This course is designed to equip you with the knowledge and tools necessary to identify, assess, and manage risks across your enterprise effectively.

This comprehensive course delves into the principles and practices of Enterprise Risk Management , providing you with a robust framework to proactively manage risks and capitalize on opportunities. Whether you're a risk management professional, executive, manager, or part of a governance team, this course will enhance your ability to contribute to your organization's resilience and success.

Benefits of the Course:

• Professional Advancement: Equip yourself with ERM expertise that is highly valued across industries, enhancing your career prospects.
• Organizational Impact: Apply your knowledge to improve your organization's risk management practices, contributing to its resilience and success.
• Strategic Decision-Making: Learn to incorporate risk considerations into strategic decisions, improving outcomes and achieving objectives.
• Regulatory Compliance: Ensure your organization meets regulatory requirements and adheres to best practices in risk management.
• Networking Opportunities: Connect with professionals from various sectors, sharing experiences and insights into risk management challenges and solutions.

DURATION

5 Days

OBJECTIVES

By the end of this course, participants will:

• Gain a comprehensive understanding of ERM principles and frameworks.
• Develop skills to identify, assess, and prioritize risks across the enterprise.
• Learn how to design and implement effective risk response strategies.
• Enhance your ability to communicate risk information to stakeholders.
• Understand how to integrate ERM into strategic planning and organizational culture.

Be prepared to address emerging risks and adapt to a changing risk landscape

TARGET AUDIENCE

• CEOs
• Board Members
• Audit Committees
• HODS
• Risk officers
• Strategy Managers
• Auditors (Internal & External)

COURSE CONTENT

• Demystifying Enterprise Risk Management-Evolution, Risk Management Concepts and Frameworks
• Risk Management , Strategic Planning and Governance
• Internal Controls and Risk Management.
• Identifying and Assessing Organizational Risks.
• Establishing and Formalizing Risk management Framework.
• Planning and conducting a detailed risk assessment.
• Risk Management strategies.
• Detecting, Investigating and preventing fraud using Risk Management Systems.
• Biases and Risks in Decision Making 
• ERM Ownership- Role of Internal Audit, Functional Managers in Risk Management.
• Role of Board and Audit committee in risk management.
• Embedding a culture of Risk Management in the organization.

METHODOLOGY

The instructor led trainings are delivered using a blended learning approach and comprises of presentations, guided sessions of practical exercise, web based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.

All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.

CERTIFICATION

Upon successful completion of this training, participants will be issued with a Macskills Training and Development Institute Certificate

TRAINING VENUE

Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com