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Enterprise Risk Management to Achieve Strategy

 

In this course, you will learn to integrate effective risk management into your strategic planning and execution process.

7 Modules
7 CPE CREDITS
100% ONLINE PRE-RECORDED SESSIONS
 
ABOUT THE COURSE

Using risk management to maximize productivity and ensuring resource alignment.

Strategic plans are often sabotaged by a failure to identify and manage associated risks. To be successful, your organization must constantly track and manage risks that can interfere with effective strategy execution.  Risks can come from a variety of sources (e.g., economic, sociological, technological, etc.) and may have a potential impact on your enterprise’s strategy and programs, making management seem a difficult, impossible task.  However, managing risk is essentially a matter of identifying and curating what “could” happen, monitoring developments and circumstances, and taking action to reduce or eliminate the chances of a risk occurring.

Importance of Risk Management

Increase your knowledge of what risk management is, its importance as a component of strategy planning and execution, and how to develop a risk profile for your organization

Stakeholder Risk Analysis

Discover how analysis of key stakeholder interest, power, and engagement is critical for developing effective strategy and understanding associated level of risk

Assessing Strategic Risk

Learn to conduct a strategic assessment of your organization and evaluate risk level using a variety of analytical tools and techniques

Integrating Strategy and ERM

Explore how to link strategy planning with performance-based budgeting for effective resource alignment to achieve outcomes and mitigate risk

COURSE MODULES

Module 1 -  Connecting Strategic Planning and Organizational Results

  • Connecting Strategic Planning and Organizational Results
  • Utilizing strategy planning an execution processes in concert with regular evaluation
  • Understanding how execution impacts the outcome of your strategic plan

Module 2 - Enterprise Risk Management Guidance

  • Enterprise Risk Management Guidance
  • Integrating internal control, RM, ERM, and Governance together
  • Understanding how risk management supports strategy

Module 3 - Building a Risk Profile

  • Understanding what a risk profile is and what it does
  • Building a Risk Profile
  • Mapping risk impact and likelihood

Module 4 - Stakeholder Analysis to Assess Risk

  • Assessing who are your stake holders and how they see impact and value
  • Stakeholder Analysis to Assess Risk
  • Mapping stakeholder power and interest

Module 5 - Strategic Assessment and Evaluating Risk

  • Strategic Assessment, both internal and external conditions
  • Identifying possible opportunities and threats
  • landscape analysis

Module 6 - Understanding Strategy and ERM Integration

  • Integration of ERM at all levels of decisions and management
  • Understanding Strategy to achieve goals and outcomes

Module 7 - Resource Alignment  to Mitigate Risk

  • Resource Alignment to Mitigate Risk
  • Understanding the management framework to achieve the desired out come
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On-Demand Sessions
Learn at your own pace, anytime, anywhere through our easy-to-use virtual education platform. You can start, pause, and restart the courses whenever you like.
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Relevant Content
Stay compliant with your organization's requirements by providing completion certificates that you can download anytime from our LMS.
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CPE Accredited Courses
Take your career to the next level by acquiring your required CPE credits from our on-demand courses. Learn the easy way!

What Clients Are Saying

The content of the sessions and presentations was informative, thought-provoking, motivational and extremely educational for me and my team.

Maria F.
GPS 2021 Attendee