Enterprise Risk Management: Enhancing Organizational Resilience
Strategic Enterprise Risk Management is designed to equip participants with the knowledge and skills necessary to identify, assess, and mitigate risks effectively within their organizations. This course delves into advanced strategies for managing risks across various business functions and industries, enabling participants to proactively protect and enhance organizational value.
Course Objectives:
• Understand the importance of strategic enterprise risk management in achieving organizational objectives.
• Learn advanced techniques for identifying and assessing risks across multiple business areas.
• Develop strategies for prioritizing risks and allocating resources effectively.
• Explore methodologies for integrating risk management into strategic decision-making processes.
• Gain insights into emerging trends and best practices in enterprise risk management.
• Apply risk management frameworks and tools to real-world scenarios.
Course Outline:
Introduction to Strategic Enterprise Risk Management
• Importance of strategic risk management in achieving organizational resilience
• Overview of enterprise risk management frameworks and methodologies
• Linkages between risk management, governance, and strategic planning
Risk Identification and Assessment
• Techniques for identifying and categorizing risks across different business functions
• Quantitative and qualitative methods for assessing risk likelihood and impact
• Prioritization of risks based on severity, probability, and strategic significance
Risk Mitigation and Control Strategies
• Developing risk mitigation strategies and action plans
• Implementing controls to reduce risk exposure and prevent potential threats
• Monitoring and evaluating the effectiveness of risk mitigation measures
Integrating Risk Management into Strategic Decision-Making
• Incorporating risk considerations into strategic planning and decision-making processes
• Aligning risk management objectives with organizational goals and objectives
• Communicating risk information to key stakeholders and decision-makers
Emerging Trends and Best Practices
• Overview of emerging trends and developments in enterprise risk management
• Case studies and examples of successful risk management practices
• Continuous improvement and adaptation in response to changing risk landscapes
Application and Practical Exercises
• Applying risk management frameworks and tools to real-world scenarios
• Conducting risk assessments and developing risk management plans
• Group discussions and case studies to reinforce learning and practical application
FOR WHOM
Heads of Internal Audit
METHODOLOGY
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.
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DATE:
1ST BATCH: 10th – 13th Mar,2026
2ND BATCH: 30thJune – 3rd July,2026
3RD BATCH: 27th – 30th Oct,2026
25, Queen street, Alagomeji Bus Stop, Yaba, Lagos