Organisational risk management

Overview:

In a world that has been described as VUCA (Volatile, Uncertain, Complex and Ambiguous)…a world where it’s impossible to tell news from fake…where countries are becoming insular and globalisation seems to be a thing of the past. The only thing that is certain is that nothing is certain. It means that understanding the risks that a business is exposed to is crucial and having a formal way of identifying and managing risk essential.

This course looks at the tools and techniques for identifying and managing risks; the impact of risk appetite on the organisation and its staff and the importance of considering opportunities in conjunction with risks.

Learning Outcomes:

On completion of this course, you will have a greater understanding of:

• The key elements of Enterprise Risk Management
• How the DEER acronym can help with the management of risk
• Manageable risks using root cause analysis
• How to use a risk matrix
• The impact of risk appetite on the wider business
• Managing the balance between risk and opportunity

Authored By: Andy Wilkes

Andy Wilkes is a qualified trainer and management accountant obtaining his qualifications during his 17 years in Central Government. Since leaving the public sector Andy has delivered a wide range of in-house and public learning development programmes for CIMA and BPP working at every level in organisations from trainees to Directors. In the limited time between work and family Andy relaxes by playing cricket, squash and golf and has recently produced his son’s first album!

A CPD certificate of completion will be provided by BPP Professional Education Limited upon successful completion of the online course.

CPD Points: 1

CPD Duration (hours): 1

Access: 12 months from purchase date