Advanced Enterprise Risk Management

Duration 5 Days
Language English
Course Format Classroom / Online
Certificate Yes

Detail

Overview

This advanced course provides a comprehensive approach to fully embedding Enterprise Risk Management (ERM) within an organization. Participants will explore sophisticated risk assessment techniques, global ERM scenarios, crisis management strategies, and the role of ERM in decision-making. The program offers practical tools and methodologies to enhance ERM frameworks, improve resilience, and align risk management with business strategy.

Objectives

  • Develop a deep understanding of advanced ERM frameworks and strategies.
  • Apply effective risk measurement and assessment techniques.
  • Enhance crisis management capabilities and resilience.
  • Integrate ERM into decision-making and corporate governance.
  • Understand key risk indicators (KRIs) and risk tolerance levels.
  • Align ERM with business continuity and organizational culture.

Target Audience

  • Senior executives and board members responsible for risk oversight.
  • Risk management professionals and ERM specialists.
  • Finance, compliance, and audit managers.
  • Business leaders involved in strategic planning and decision-making.
  • Professionals in industries with high regulatory and risk exposure.

Outlines

Day 1: Taking ERM to the Next Level

  • Characteristics of an advanced ERM process
  • Exploring global ERM scenarios
  • Conducting a gap analysis of current ERM frameworks
  • Developing an ERM roadmap for implementation
  • The role of executive management in ERM

Day 2: Enterprise Risk Measurement Techniques

  • Risk workshops and expert analysis methods
  • Fishbone analysis and root cause assessment
  • Scenario planning for risk evaluation
  • Incident response and crisis exercises

Day 3: Advanced Risk Assessment Methods

  • Fault tree analysis and Bayesian networks
  • Monte Carlo simulations in risk assessment
  • Identifying and managing emergent risks
  • Crisis management fundamentals and response strategies
  • Understanding key risk indicators (KRIs)

Day 4: Advanced ERM Integration

  • Challenges in risk register management
  • Risk appetite and tolerance in decision-making
  • Best practices for ERM implementation success
  • The impact of ERM on corporate strategy
  • Case studies on ERM-driven decision-making

Day 5: ERM in Business Continuity & Strategic Planning

  • ERM and business continuity management (BCM)
  • Creating a risk-aware organizational culture
  • ERM in projects and joint ventures
  • Effective ERM communication and stakeholder engagement
  • Final course review and key takeaways

Classroom Dates

18 - 22 May 2025
Amsterdam (Netherlands)
5950€
15 - 19 June 2025
Manama (Bahrain)
5950€
7 - 11 July 2025
London (Uk)
5950€
17 - 21 August 2025
Dubai (UAE)
5950€
13 - 17 October 2025
İstanbul (Turkey)
5950€