Key Learning Objectives
Real Skill Building
This course will transfer key skills to executives:
- How to identify strategic risk
- How to develop a governance framework to manage this risk
This will not be a ‘classroom based’ course, but rather facilitated learning, using case study learning methodologies. While the course will be based on the most recent thinking in risk and governance, the approach will emphasise application and practicality
It is desired that participants have:
- An understanding of Balanced Scorecard or strategy mapping
- Have worked with Balanced Scorecard or executed strategy
- Have attended Balanced Scorecard training previously in some capacity
About the Course
Risk and governance are critical focus areas for every organisation – however, most organisations, regardless of size or level of sophistication are struggling to understand what risk and governance means to them and, more importantly, how to manage these areas strategically.
Most organisations tackle both risk and governance in one of two ways… they either ignore them (and hope for the best) or create a bureaucratic system to manage them. Either response is inadequate as in the event of an incident or a breach of governance there is no clear and simple framework to minimise the impact.
This course aims to explore the areas of risk and governance and then link it to an organisation’s Balanced Scorecard or other strategy management frameworks.
‘Best practice’ risk analysis methods, ‘best practice’ governance frameworks and, importantly, how to apply these best practices to any business or government organisation will be examined.
The course structure will be built around the delivery of compelling course material and using a case study example to embed this knowledge with participants.
Participants will walk away with a complete toolkit, including templates to aid implementation.
Who Will Benefit
All those responsible for analysing existing processes and improving the performance of existing systems/processes using measurement/ KPI setting and analysis
Executives who have either used balanced scorecard or are planning to use/work with balanced scorecard or another form of strategy mapping, measurement and evaluation.
“The instructor was inspirational, warm and built rapport with participants immediately and throughout the course. I learnt how to structure my communication in a succinct, clear and influencing way.”
Senior Brand Manager, McDonalds Australia
Course structure & timetable
This course will be informative and interactive. Participants will take away some new techniques and a refreshed understanding of how to be an effective senior executive.
Importantly, this will not be a ‘classroom based’ course, but rather facilitated learning, using case study learning methodologies, and while the course will be based on the most recent thinking in risk and governance, the approach will emphasise application and practicality.
Central to the effectiveness of the course will be the use of both business and government based case studies. Participants will be able to choose one or the other type of case study to use over the duration of the course. This will make the course as relevant as possible to each participant.
Organisational risk & governance
- Defining risk and governance
- The importance of risk management
- Introducing risk assessment tools
Identifying organisational risk
- What are the causes of risk
- What are the consequences of risk
- What controls can we put in place to manage risk?
Exercise: Identifying an organisation’s risk based on either a public or private sector case study
Identifying strategic risk
- How to link risk to an organisation’s strategy
- How to link risk to an organisation’s Balanced Scorecard
- Developing a strategic risk matrix
- Ranking of strategic risk
Exercise: Identifying an organisation’s strategic risk
Exercise: Ranking an organisation’s strategic risk
Establishing an effective risk management & governance framework
- Developing a risk management governance framework
- Overview of tools and templates
Developing a risk based decision making culture
- Where are the key decision making points in an organisation?
- What are appropriate risk rules to put in place?
- What does ‘good practice’ Enterprise Risk Management (ERM) look like?
On-site & in-house training
Deliver this course how you want, where you want, when you want – and save up to 40%! 8+ employees seeking training on the same topic?
Talk to us about an on-site/in-house & customised solution.