RISK MANAGEMENT FOR EXECUTIVES

One-day course from 8:30 a.m. to 4:30 p.m.
Instructor: Colin E. Wiltshire and R. N. (Toby) Stewart

Cost:  $695 + GST
(includes training material and CD, certificate of participation, lunch, breakfast and refreshments)

OBJECTIVES

This session brings Executives up-to-date on the key issues involved with modern risk management. The session is designed for management groups who would like to have more detailed understanding of the key elements involved in systematic and integrated risk management, in anticipation of being better able to address organizational changes, decision-making and other planning priorities.  It will put them in a stronger position to provide strategic directions for their organization’s management of risk.

DATES

• dates to be determined

ABOUT THE WORKSHOP

Public and private sector organizations world-wide have found that Integrated Risk Management (IRM) is a component of modern management that can make a significant contribution to better achieving organizational objectives.

Studies of best practices in risk management indicate that management commitment from the top is critical to enhancing the management of risk in both the private and public sectors. At the executive level, risk is managed on a daily basis. Executives analyze risk intuitively, and in interviews they often state a need for more systematic and integrated management of risk across the federal government.

This orientation session is designed to update executives on key details about the growing preference for organization-wide management of risk. The Risk Scorecard®Tool and Toolkit, are also featured as an example of how easily the systematic approach can be documented and assist in the ongoing identification and management of risks.

WHO SHOULD ATTEND

• ..

COURSE OUTLINE

The following course outline is a starting point for discussions with Executives and is refined before the course according to their specific needs:

• Risk Management (RM) context in the federal government;
• Risk Management Definitions;
  • Fundamental Risk Management Concepts (the basis of common understanding);
• Identifying Key Stakeholders’ and their Risk Tolerance;
• Steps, Tools and Techniques in the Systematic Risk Assessment process;
• Organization-wide Risk Management/Integrated Risk Management (IRM);
• Risk Management Governance – Executive oversight
  • What specifically is expected of Managers?
• Change management as an overall implementation strategy for IRM;
• Risk recording and reporting – ATIP and other challenges; and
• The investment cost and value of IRM
  • Measuring and monitoring the return on investment/value-added of IRM.