Why does risk management matter?
Topic:
Strategic Risk Management: To understand the challenges of risk governance and its application in managing systemic risk in a practical setting.
- Introduction to strategic risk management:
What is a risk?
Some ISO risk descriptions/definitions
Some basic risk concepts
Classification of risks
Categories of risk
Different types of risks
Objectives of risk management
Why does risk management matter?
Benefits of risk management
Business challenges
Risk intelligence
Strategic risk management definition
Managing for value strategy and risk
Managing for value-risk and reward
The financial impact of risk event
Corporate risk environment
Corporate strategic management
Risk appetite and strategic planning
Valued based management
Developing strategy
- RISK ARCHITECTURE:
Enterprise risk management
Erm history and purpose
Definitions of erm
Erm: input, output, and impact
Features of an erm approach
Some Risk management standards and frameworks
Deloitte erm model
Coso erm cube
Coso overview
Coso erm framework
Iso 31000 2018 & principles
Expanded view of ISO 3100 (2018) Principles
The IRM risk management process
Attaching risk to objectives
- RISK GOVERNANCE:
Risk management failures
Governance-Concept
Corporate governance-mechanisn
OECD principles for corporate governance
LSE corporate governance framework
Risk governance concept
Purpose of risk governance
Benefits of risk governance
Risk governance framing
Corporate risk governance implementation
Effective crg
Crg challenges
Risk governance models—irgcs
- Operation risk management:
Basic principles of operation management
Describe the complexity and dynamic nature of operations and operations management
Risks associated with operations
Potential sources of failure
What is risk at operations?
Post failure analysis
Failure mode effects analysis (FMEA)
Bathtub curves
Preventing failures
Mitigating actions
- Financial risk management
Types of financial analysis
Different types of risks related to total firm
Perform DuPont analysis
Measuring leverage
Efficiency and performance ratios
- Project risk management:
What a project contains?
Stages of project management
Project management phases
Project risk
Project risk management
Scope of project risk management
Risk identification
Risk breakdown structure
Risk identification tools
Risk analysis techniques
Risk monitoring and controlling
Audit, document and close out
- Supply chain risk management
What is supply chain management
What are the main activities of supply chain management
How do supply chains behave in practice
What are possible risks in supply chains
How can risks in the supply chain can be addressed to improve supply chain performances?
- Security risk management:
What is security and security risk?
Relationship between global threat and security risk
Critical national infrastructure management: some challenges associated with cni
The financial impact of security risk event
Where do security risks sit compared to other risks
Security vs safety
- Corporate social responsibility CSR:
CSR the definition
Scope of CSR
Dimensions of CSR
Pillars of CSR the pyramid of social responsibility
CSR evolutions
Forms of CSR: value and system based
Sustainability awareness
How can CSR is effective
CSR and risk management
Risk responsibilities
