Corporate Enterprise Risk Management for Security Personnels

By attending this training course participants will gain the knowledge and skills to:

• Understand the importance of ERM to organisations.
• Determine and master the concepts, approaches, standards, methods and techniques for the effective implementation of ERM
• Develop the necessary leadership skills enabling you to communicate your findings to all levels and all stakeholders
• Determine your organisation’s appetite and tolerance for risk
• Assess, report and monitor risks effectively.
• Identify, analyse and manage business risk effectively.
• Understand how ERM relates to crisis management, business continuity and business resilience
• Apply your invaluable and highly relevant ERM knowledge to put into practice and benefit you and your organisation immediately on returning
• Develop and implement a risk management strategy.
• Develop mitigations and contingency plans.

CONTENT

Principles of Risk and Enterprise Risk Management

• Objectives & Governance, concepts & definitions
• Mapping and assessing Your current governance arrangements
• Commitment - Setting Your objectives for implementing the latest guidance
• Who are the internal and external stakeholders?
• The importance of culture, communication and behaviour in seeking an effective ERM structure
• An overview of the global post pandemic business environment
• Enterprise Risk Management – The Resilient Organisation

 ISO 31004 – Designing the Framework for Managing ERM

• ERM framework and process
• ERM responsibilities – who does what, who is on the team
• ERM accountabilities and performance measures
• Compare Your current ERM to ISO31000:2009 principles
• Alignment between ERM policy and the organization
• Risk attitude: pursue, retain or avoid with respect to risk appetite and tolerance
• Options for risk criteria, assessment, identification, analysis and evaluation

Business Continuity Management Systems (BCMS)

• Fundamental principles of Business Continuity Management
• Implementation of a BCMS in accordance with ISO 22301 & 27031
• Business Impact Analysis (BIA) and Risk Assessment
• To understand the relationship between BCMS and the compliance with the other ERM requirements, including supply chain strategies
• Writing a business case and a project plan for the implementation of a BCMS
• Incident and emergency response management (including mutual aid)

 Implementing Effective Enterprise Risk Management

• Resources and methodologies to implement The Plan
• Ensuring ERM becomes part of significant decision-making
• What are the likely barriers to implementation (risk culture)?
• Risk reporting & the limitations of various risk reporting tools & methodologies
• Assess the merits of quantitative risk modelling & qualitative reporting
• Align your risk reporting processes with other strategically important management activities, such as reputation management

Monitoring, Review and Continuous Improvement of the Framework

• Key risk indicators (KRI´s)
• Continuous improvements, running your own team-based risk workshops
• Collate risk and control information from multiple sources into a central risk register or inventory of risk information system
• Controls register or inventory of controls (The “Five Ws”)
• Understand feedback provided to you by those you communicate with and take on board “lessons learnt”

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.