Risk Management - Making Risk Management Work

In any organisation, understanding and controlling risk is one of the most important management challenges. All managers must therefore know the meaning of risk and how risk management contributes to sound corporate governance, effective planning and business success.

This one-day briefing has been designed to provide delegates with the most up-to-date information and guidance regarding risk management.

Briefing Content

• establish the function of risk management as a key internal control within a sound corporate governance régime, including reference to the latest legislative and regulatory contexts
• consider the essential components of an Enterprise Risk Management Framework and how these should be implemented, including:
• risk appetite
• tolerance thresholds
• roles, responsibilities and accountabilities (across all organisational levels)
• rules and standards
• supporting tools and techniques
• early warning indicators
• communication arrangements
• examine the basic risk management process, including:
• identifying risks
• the role and function of risk ownership
• evaluation/assessment of risks application of risk tolerance
• determining and actioning risk responses/controls
• monitoring/measuring the effectiveness of risk responses/controls
• consider how required risk management practices can be embedded into an organisation, such that they become an intrinsic part of day-to-day activities.

The briefing is ideal for directors, public officers and other senior managers. It will also be of use to those in specialist disciplines such as governance, compliance, audit/assurance, emergency planning, organisational and workforce development, change management and project/programme management.

Where and when?

The briefing is run in many locations, both in the UK and overseas, as part of Amberwing’s public training schedule. For more information, please call on 0845 020 4228 or email risk@amberwing.co.uk.