OUTCOMES

By the end of this three day program, you will have learned:

• Understand the concepts and process of integrated risk management
• Appreciate the changing way in which risk is being addressed as an integrated management activity rather than as an afterthought performed by specialists
• Know how to use the different tools and techniques available to manage risk
• Apply risk management principles in the design and implementation of programs and policies

THEMES

a] Understanding Organizational Risk

We open with a short history of risk: its psychology, its role in organizational planning, the traditional process of managing it. You are introduced to a variety of risk management tools and have a chance to assess your own tolerance for risk using a diagnostic tool. You also begin working on a risk profile and defining tolerances for your organization.

b] Introduction to Integrated Risk Management

Learn how to work with it and apply it to your organization. Deal with questions such as:

• How do private sector organizations use risk management as part of their management cycle?
• How do public sector organizations develop risk identification, mitigation, management, and communications techniques to better manage risk?

Drill down within your organization to deal with issues in specific functional areas, such as: risk in human resource management, in financial management, and in infrastructure and capital management.

c] Building the Risk Management Roadmap

In this module, we establish the risk management framework and address issues such as:

• How to identify and document risks
• Why projects fail and how you can increase the chance of success
• How to analyze, prioritize, evaluate, treat, monitor, and treat risks
• What are risk roles and “ownership” issues
• How to conduct a risk audit

d] Reputation Risk and Risk Communication

Learn to identify the risks to your own organization’s reputation and how to manage them. Develop the skills to effectively communicate risks that face your organization internally and externally without creating a crisis of confidence or further increasing risk.

e] Crafting Risk Management Plans and Strategies

Learn the components of an effective risk plan and review several models that you can use to address the specific needs of your organization and operating environment. Consider what it will take to implement your newly developed risk management plan.

EXPERIENCE + TOOLS

Interactive learning

To ensure you and your colleagues have the chance to use the concepts and tools in a safe learning environment, you are divided into teams to focus on specific areas of risk (such as people, infrastructure, reputation). An important outcome of the simulation is that you will begin to appreciate what you require from other areas of the organization to ensure risk is properly mitigated in your own area.

Takeaways

• Risk Management Workbook filled with tools and tested practices
• Checklist to assess your risk management capacity
• Personal risk management plan

BENEFITS

Organizational benefits

• The foundation for an integrated risk management strategy
• Clearer and more realistic view of organizational risks
• Greater assurance for stakeholders that organizational interests are protected
• More effective use of resources

PARTICIPANT PROFILE

This program is designed for key managers and directors working in the private and public sectors in areas such as human resources, operations, and finance; individuals responsible for organizational effectiveness, business continuity, and business planning; functional leaders.

FACULTY

Andrew Graham

Andrew Graham researches, teaches and writes on public sector management, financial management, integrated risk management and governance. He teaches at Queen's University School of Policy Studies as well as a variety of international and Canadian venues. He is series editor of the Case Study Program of the Institute of Public Administration of Canada, Canada's leading source of public sector case studies.

He is the author of Canada's leading textbook on managing public money, entitled, Canadian Public Sector Financial Management, available through McGill-Queens Press. It has now been adopted by a number of Canada's leading universities as a text and is used in governments for staff training. He has also published Making the Case: Writing and Teaching Case Studies, also available through McGill-Queens. more...

VENUE & ACCOMODATIONS

There are no scheduled instances of this program at the time. Please check back later.