FOUNDATIONAL RISK MANAGEMENT

By FACE TO FACE PUBLIC PROGRAM

Date:

09 & 10 Sep 2024 (Every Session 9am to 5pm)

MON & TUE

Venue:

WYNDHAM GRAND BANGSAR, KUALA LUMPUR

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INTRODUCTION FOR FOUNDATIONAL RISK MANAGEMENT

This program is designed for working professionals, with the objectives of improving participants’ skills in a condensed teaching period and allowing participants to obtain a professional qualification quickly and conveniently.

This is a practical, hands-on course which develops a better decision-making process and risk-based approaches to managing risk. The course is targeted toward those who are currently looking into equipping themselves with the fundamental of risk due to being assigned to either the head or part of the risk department team members. The Professional Diploma in Risk Management will empower participants with the foundations necessary to lead high-performing teams and achieve effective risk management advocacy within the organization.

 

COURSE OBJECTIVE

  • The course will equip delegates with the ability, knowledge and confidence to apply risk management best practices
  • The course is meant to provide clarity and insights into when, where, how and who risk management would be of use and why.
  • Debunk most myths and misconceptions on risk management throughout more than 15 years of existence in South East Asia.
  • It will prepare delegates for the increasingly complex business environment, and the uncertainties faced when employed in many areas of the business.

 

COURSE CONTENT

Module 1: What is Risk?

  • Sub-Module 1-1: Definition of Risk
  • Sub-Module 1-2: What “Risk” Means to You?
  • Sub-Module 1-3: Risk = Uncertainty?

This module is designed to give an overview of the concept of risk. Many may have different understandings and perceptions of what risk is and in this module, the participant will be able to distinguish the ambiguity and begin to have clarity on the definition and standards of measure when it comes to knowing what be considered as risk.

 

Module 2: How to Manage Risk?

  • Sub-Module 2-1: What Is Risk Management?
  • Sub-Module 2-2: Risk Management Process
  • Sub-Module 2-3: Risk Assessment
  • Sub-Module 2-4: 6 Simple Questions’ Rule

This module will show what is risk management and how to manage it in their capacity as either risk owner, risk champion, or even the measure owner. The risk management process can be daunting and the module aimed to show the most effective and simple ways, yet achieving meaningful results.

 

Module 3: Why is Managing Risk Important?

  • Sub-Module 3-1: Why Bother?
  • Sub-Module 3-2: Threat or Opportunities?
  • Sub-Module 3-3: Risk & Non-Risk

The importance of managing risk may be blurred by the need of producing risk registers to satisfy the need for reporting and very little in making any significant decisions on what would be considered as the real threat to the business or organisation. Therefore this module is important to have the best understanding of what those risks are, and how important it is to manage them.

 

Module 1: What is Risk?

  • Sub-Module 1-1: Definition of Risk
  • Sub-Module 1-2: What “Risk” Means to You?
  • Sub-Module 1-3: Risk = Uncertainty?

This module is designed to give an overview of the concept of risk. Many may have different understandings and perceptions of what risk is and in this module, the participant will be able to distinguish the ambiguity and begin to have clarity on the definition and standards of measure when it comes to knowing what be considered as risk.

 

Module 2: How to Manage Risk?

  • Sub-Module 2-1: What Is Risk Management?
  • Sub-Module 2-2: Risk Management Process
  • Sub-Module 2-3: Risk Assessment
  • Sub-Module 2-4: 6 Simple Questions’ Rule

This module will show what is risk management and how to manage it in their capacity as either risk owner, risk champion, or even the measure owner. The risk management process can be daunting and the module aimed to show the most effective and simple ways, yet achieving meaningful results.

 

Module 3: Why is Managing Risk Important?

  • Sub-Module 3-1: Why Bother?
  • Sub-Module 3-2: Threat or Opportunities?
  • Sub-Module 3-3: Risk & Non-Risk

The importance of managing risk may be blurred by the need of producing risk registers to satisfy the need for reporting and very little in making any significant decisions on what would be considered as the real threat to the business or organisation. Therefore this module is important to have the best understanding of what those risks are, and how important it is to manage them.

 

Module 4: Value Creation?

  • Sub-Module 4-1: Value Creation Model
  • Sub-Module 4-2: Roles and Responsibilities
  • Sub-Module 4-3: Part of the problem or the solution?

This module is designed to provide a fundamental understanding of how risk data is part of the business strategic planning or in this case, creating value to the organization and/or the industry they are in.

 

Module 5: How do I Collaborate & Communicate?

  • Sub-Module 5-1: What is collaborative Risk Management?
  • Sub-Module 5-2: Type of Communication Channels
  • Sub-Module 5-3: Engagement by Design

Facilitation is key in any collaboration and this is not new in risk management. This module would give the participant the best way to use different channels of communication for different purposes, although the main goal is still the embedment of risk awareness and risk culture within the organization.

 

Module 6: Decision-Making & Managing Changes

  • Sub-Module 6-1: Unknown to Known
  • Sub-Module 6-2: Change Management
  • Sub-Module 6-3: Roles and Responsibilities as decision-makers

This module will unravel the correlation between the decision-making process and being the catalyst for change. It also explains the need of knowing your roles and responsibilities within the organisation regardless of rank.

 

Module 7: Risk Culture

  • 7-1: What is Risk Culture & Why it is Important?
  • 7-2: Risk Awareness Internalisation
  • 7-3: Implementation Journey of Risk Culture

This module would be a critical part whereby you will be learning what makes a risk culture and what can influence culture to go either way, positive or negative. In this module, you will be able to learn how to apply the ABC of risk culture in the organization.

 

HOW TO ENQUIRY FROM US?

  1. Fill in the form below and submit to us.
  2. Initiate a conversation via live chat on the bottom left of our website by stating: “Hi, my name is [your-name], Ive already submitted the form for this training.”
  3. Well promptly reach out to you regarding the training youre interested in.

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