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Implementing Risk Management to Improve Performance


Join one of Canada's leading experts on integrated management as he walks through a step-by-step process for implementing a Risk Management Strategy.

DATE COST  
Call 613-596-4886 $1095

2 day workshop - 8:30 to 4:30
* Please note prices do not include tax
* When 2 or more attend a workshop from the same organization, they will receive a 10% discount.


Workshop Overview:

  1. Introduction to risk management

    • What is risk?
    • What is a risk management program?
    • How can a risk management program improve your department / organization?
    • What risks can an organization handle?
    • What are the different types of risks?
      • Economic
      • Time
      • Procurement
      • Political
      • Non-performance
    • Discover how organizations with different attitudes towards risk handle risk:
      • Risk seekers
      • Risk neutral
      • Risk averse
      • Risk takers
    • Discover different ways to focus on risk:
      • Risk-hazards
      • Risk-opportunities
      • Risk-uncertainty

  2. Establishing your organizations risk profile

    • Identify how your organization views risk
    • Determine how risk aware your department is
    • Discover how to determine an acceptable level of risk for your department
    • Learn how to identify your organizations operating environment with regards to objectives, resources and mandates:
      • Threats
      • Opportunities
    • Discover how to identify the traits of the risks your department / organization face:
      • Internal
      • External
    • Understand how to use different tools and methods to identify risk:
      • Inspections
      • Audits
      • Interviews
      • Research
      • Surveys
    • Learn how to perform environmental scans to make correct adjustments in decision making and plan of action - (internal & external)
  3. Assessing the current status of risk management for your department

    • Discover how to effectively examine the following areas to determine what adjustments are necessary for dealing with risk:
      • Governance
      • Decision making structure
      • Planning process
      • Performance management process
      • Infrastructure
      • Human and financial resources
    • Discover effective techniques to establish a management culture in your organization
    • What processes need to be in place to create an environment that is conductive to effective risk management?
    • Why is it important to ensure that risk management is consistent through out your organization?
    • Creating an enterprise-wide risk management framework
    • What is risk tolerance?
    • Learn how to determine the different levels of risk tolerance
    • Discover how to effectively establish and manage risk tolerance

  4. Creating a Integrated Management Framework

    • What is an integrated management framework
    • Determine how to implement your organization objectives into your framework
    • Discover how to integrate risk management, existing governance, decision making and reporting structures
    • Develop skills to effectively communicate the direction for your risk management framework
    • Learn why it is important to ensure that your framework is aligned with your corporate objectives at all levels within your organization
    • Discover the different tools and methods that are available for creating an effective risk management framework - Which are best for your organization?
      • Risk maps
      • Modeling tools
      • Risk Avoidance (Precautionary approach)
      • Risk Sharing
      • Risk reduction
      • Qualitative techniques
      • Checklists
      • Questionnaires
      • Benchmarking
      • Best practices
    • Learn how your integrated management framework can be used to improve control and accountability systems and processes
  5. Analyzing and assessing your risk management framework

    • Effectively determine what your desired results are both long and short term
    • Implementing a strategy to achieve these future results
    • Discover effective techniques to create evaluations on the performance of your risk management activities
    • Discover how to evaluate results to help support future plans
    • Integrating your results into decision-making and setting priorities
    • Learn how to utilize risk management to assign resources
  6. Monitoring risk management to ensure continuous improvement

    • Learn how to effectively monitor and evaluate your risk management framework to make the required adjustments
    • Discover how to develop continuous risk management learning
    • Learn what guideline, training and coaching is required to help manage and control future risk
    • Develop an evaluation process that takes in to mind your stakeholders views of risk and the opportunity cost of a risk that is not taken.

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