Enterprise wide Risk management - Luxembourg

"As the world becomes increasing more complex, the speed of change creates greater amounts of uncertainty that can impact (both positively and negatively) organisations overnight, risk management skills is becoming an expected core competency of all individuals who seek to be in executive leadership positions."

Enterprise risk management (ERM or E.R.M.) in business includes the methods and processes used by organizations to manage risks and seize opportunities related to the achievement of their objectives. ERM provides a framework for risk management, which typically involves identifying particular events or circumstances relevant to the organization's objectives (risks and opportunities), assessing them in terms of likelihood and magnitude of impact, determining a response strategy, and monitoring progress. By identifying and proactively addressing risks and opportunities, business enterprises protect and create value for their stakeholders, including owners, employees, customers, regulators, and society overall. 

This 2 day intensive and highly practical program will give you a thorough grounding in the methodologies behind enterprise wide risk management. We learn:

• What we mean by risk management and why it is important for organisations. 
• Understanding enterprise risk as an opportunity or threat
• Overview of risk and types of risk
• The ERM framework of risk management and developing an appropriate structure
• How to get started with ERM and how far do you want to go?
• Learn the technique of risk identification techniques and scoring
• Getting buy-in from the very top of the organisation
• The techniques of risk assessment and risk monitoring tools
• What do we mean with financial risk and the different types of risk
• Managing operational and infrastructure risk
• The risk of strategy and the market place
• Managing your reputation and hazard risk
• How to initiate the project, the financing and monitoring