Why ERM?

Enterprise Risk Management known as (ERM) has evolved considerably since the seventies. From simply 'buying' insurance, it has now grown in importance to become a prime function in many organizations. ERM is the function of studying the risks that may hinder a corporation's ability to achieve its goals and then deciding how to overcome those risks.

By the end of this course delegates will be able to:

• Organizational performance: How risk management can assist organizations to achieve their objectives and optimize decision-making.
• Governance and sustainability: The benefits of risk management and its relationship with governance, assurance, and sustainability.
• Internal and external risk exposure: The types of risk faced by an organization and the concepts of positive and negative risk.
• ISO 31000: Risk management principles, framework and processes.
• Culture: The importance of culture, communication, and behavior in an effective risk management structure.
• Maturity: How to assess your organization's risk maturity and identify where improvements can be made.
• Workshops: Facilitation techniques to make your risk workshops interactive, efficient, and effective.
• Assessment: Assessing risk and selecting appropriate actions and controls using key tools, such as risk registers, risk bow-ties, and risk matrices.
• Communication: How to communicate risks to all levels of your organization, and to external stakeholders.
• Appetite and tolerance: How to determine your organization's appetite and tolerance for risk.
• Risk Champions: Analyzing, articulating and reporting the root causes of risk to managers. Identifying the types of risk that could have an impact on your organization. Conducting quality risk assessments that enable you to assist risk owners in resolving problems. Intervening to address instances where risk management efforts are being hampered.

Risk Coordinators, Risk Analysts, Compliance Officers, Heads of Department, Risk Managers, Operations Managers, HR Managers, Business Continuity Managers, HSE Managers, Finance Managers, IT Managers and anyone new to risk or wishing to enter the risk profession.
Target Competencies:
Improving on the followings
• Communication and consultation related to ERM activities
• Understanding the organization and its context
• Risk identification
• Risk analysis
• Risk evaluation
• Risk treatment
• Risk monitoring and review
• ERM reporting

CDGA attendance certificate will be issued to all attendees completing minimum of 75% of the total course duration.