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IMPLEMENTING INTEGRATED (ENTERPRISE) RISK MANAGEMENT (IRM/ERM)

One-day course from 8:30 a.m. to 4:30 p.m.
Instructor: Colin E. Wiltshire & Irene Marchenko

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

 

 

Text Box: This is an intermediate level course for those who have taken “Modern Risk Management” or equivalent training.  It is targeted to staff expected to take a leadership role in implementing IRM/ERM in their area or organization overall. 
 
 
 

 

 

 

OBJECTIVES

Participants will be able to:

  • Explain the drivers, benefits and challenges of incorporating IRM within the public sector context; and
  • Plan and manage successful implementation of Integrated Risk Management (IRM) including development of infrastructure components (policy, guidelines, tools) and change management strategies

DATES

  • February 2, 2010 in Ottawa
  • May 19, 2010 in Ottawa

ABOUT THE WORKSHOP

The workshop will demystify senior management’s implementation concerns and explain how IRM supports a unifying risk-based accountability framework for managing in the public sector. Participants will learn about fundamental risk concepts and key aspects of embedding IRM into modern management practices.
 
Simulated exercises will instill value-added knowledge and experience in laying the foundation and infrastructure for IRM practices through practical change management strategies such as:
  • IRM Best-practices research and comparative benchmarking;
  • IRM Capabilities Self-Assessment;
  • The development of a framework that facilitates organizational awareness of key IRM concepts, strategies and operating principles; and
  • Action Plan Implementation that demonstrates leadership, management commitment and the way forward through concrete mechanisms such as accountabilities and performance planning integration.
Participants will have an opportunity to discuss transition strategies with senior federal government managers who have first-hand experience in planning and implementing IRM change. We will invite our colleagues within the risk management community to share their experiences, lessons-learned and success stories related to IRM implementation.

 

WHO SHOULD ATTEND
  • Managers and officers who need to understand Modern Integrated Risk Management concepts and implement the IRM infrastructure within their program or organization.

 

COURSE OUTLINE

Introductions, Objectives, Agenda

Change Management

  • Change Management as an Overarching IRM Implementation Strategy
  • WC's IRM Implementation "Blueprint"

Research & Consultation

  • Strategies for Senior Management Involvement in IRM Development and Onwards
  • Building an IRM "Vision" based on Basic Risk Concepts, IRM Definition, MAF Expectations, IRM Objectives, and IRM Common Principles
  • Understanding Organizational Setting as a Key Factor in Developing and Implementing IRM

Laying the Foundation

  • The Purpose and Content of an IRM Policy
  • IRM Risk Profiling as the basis for Managing Strategic, Operational and Project risks and for Managing IRM on an Annual Basis
  • Other IRM Infrastructure Elements - an IRM Handbook and other Tools

Implementing an Action Plan

  • Leadership & Communications
  • Accountabilities
  • Practicing - Including Systematic Risk Assessments & Stakeholder Communications
  • Continuous Learning
  • Risk Communications
  • Monitoring & Reporting

Initiate Strategy for the Way Forward with IRM

Evaluation and Wrap-up

 

 


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© 2003 Wiltshire Consulting Inc.