$200 – $700

Risk Management – Best Practices, Roles and Responsibilities, Types and Pre...

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This webinar will demonstrate a conceptual framework and thought process to address risk management. It will discuss the significance of risk management processes with emphasis on causes of risk and risk preventives. The instructor will explain the best practices, roles and responsibilities, risk types and how to prevent them.

The US business environment, as well as those of other countries, has experienced risks of varying magnitude over the years. In recent times, there have been a plethora of risk episodes. Many of these could have been avoided or managed effectively if the entities involved had in place sound risk management practices.

This presentation will allow participants to step back and reflect on all aspects of the risk spectrum with emphasis on the causes of risk and risk preventives. It will help formulate a risk management process in an organization and prove helpful as a continued learning experience for individuals with the responsibility of overseeing risk, managing the risk environment, and providing risk education. The case study contained in the presentation will generate significant insight into the consequences of a risk episode, the causes of the risk episode, and the risk preventives that were lacking.

To provide an in depth understanding of the risk in terms of:

  • Risk management thought spectrum
  • The risk environment of a business
  • Types of risks
  • Causes of risk
  • Risk preventives

Areas Covered in the Session :
  • Understanding Risk Management
    • Provide a conceptual framework and thought process to address the management of risk.
  • Types of Risk
    • Identify and delineate eight primary kinds of risk.
  • Presence of Risk
    • Review risk in the context of risk environments.
  • Risk Event
    • Discuss what constitutes a risk episode.
  • Risk Conditions
    • Establish the circumstances that can generate a risk event.
  • Causes of Risk
    • Discuss what constitutes a cause of risk emanating from a risk condition and provide a large sampling of causes of risk.
  • Risk Preventives
    • Discuss what constitutes a risk preventive and provide a large sampling of risk preventives.
  • Risk Consequences
    • Discuss the four primary ways the result of a risk event can be manifested.
  • Actual Significant Risk Episode
    • Review of a major risk event in terms of consequences, causes and risk preventives that were lacking. Places the aspects of risk presented in this presentation in a powerful real life context.

Who Will Benefit:
  • Members of Board of Directors
  • Executive Managers
  • Business Managers
  • Dedicated Risk Managers
  • Dedicated Compliance Managers
  • Auditors
  • University Risk Management Educators
  • Regulator Staff
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Refund Policy

Refunds up to 7 days before event

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