Enterprise Risk Management

COURSE OBJECTIVES

This programme will describe the importance of Enterprise Risk Management in keeping an organisation viable and adaptable. Enterprise Risk Management is not a function or a department. It is the culture, capabilities and practices that organisations embed in their strategy and apply in order to manage risk to create, preserve and realise value to the organisation. The environment in which organisations operate is more complex, changing at an ever increasing velocity, becoming more volatile, uncertain, chaotic and ambiguous. It is vitally important that organisations understand the connections inside and outside their operation, where the risks are currently and will come from in the future. In this way, the entire organisation can work together to protect the value of the organisation as well as take advantage of the opportunities that will appear.

LEARNING OUTCOMES

Upon successful completion, participants should be able to :

• Understand the principles of strategy and enterprise risk management
• Understand the concept of value chain and an understanding of the different functions that make up an organisation’s value chain, including Procurement,
• Finance, Manufacture and Distribution
• Understand the concept of environmentally clean design
• Understand human factors and ergonomics (including physical and cognitive
• ergonomics)
• Understand the factors that contribute to security risk and threats to health,
• safety and welfare
• Understand how to manage enterprise risk management
• Understand how to design systems to address enterprise risk

‍

COURSE OUTLINE

Module. 1 Strategy and Enterprise Risk Management

• Introduction
• Strategy
• An introduction to Enterprise Risk Management

Module 2.  Understanding the Value Chain

• What the Value Chain is
• The effects of globalisation on the Value Chain
• The risks in the Value Chain – distribution, finance, manufacturing,
• procurement

Module 3. Environmentally clean design and Human Factors

• What is environmentally clean design:
• Human Factors:

Module 4. Security Risk Management and Health, Safety and Welfare

• Security Risk Management:
• Health, Safety and Welfare:

Module 5. Managing Enterprise Risk Management

• Perceptions of risk
• Governance of risk
• The IRGC Risk Governance Framework
• Horizon scanning
• Communication strategy
• The Culture ladder

‍

COURSE LENGTH - 1 week

‍

TEACHING AND LEARNING METHODS

This course includes lectures, readings, assignments and exercises, quizzes and case studies. All presentations, course materials and supporting language will be presented in English.

All participants will be expected to actively engage in class discussions. You should come prepared to ask or answer questions from your work outside of class and be prepared to discuss related issues, other points of view, or even opposing ideas.

DELIVERY FORMAT

This course will be delivered online via Zoom or Microsoft Teams in 1 sessions of 5 hours per day. Audio-visual recording of presentation is strictly forbidden. Course materials cannot be purchased by non-attendees.