Risk Champions

Course overview

As a core organisational capability, enterprise risk management (ERM) requires a devolved, systematic and consistent approach to identifying and managing all types of risk to realise business objectives and seize new opportunities. At the heart of this approach lie the decision-makers across the organisation whose perceptions of risk and behaviours will define the organisation’s risk culture and affect whether risk is managed within appetite. Given that Risk Champions are the human operational engine supporting ERM, it is vital that they have the knowledge, skills and tools required to implement risk management, understand its connection to other disciplines (e.g. resilience), deliver effective risk communication and influence decision-makers to enable their organisation to be successful risk takers.

This two-day course provides delegates with the opportunity to develop the knowledge, skills and tools they require not only to support their respective areas or functions in implementing effective operational risk management and integrating risk management with disciplines including audit, compliance and resilience. It also positions them to become vital agents in improving risk-based thinking, supporting a positive risk culture and enabling their organisations to view risk as opportunity. The course does this by combining practical knowledge and application of risk management tools with a variety of techniques used to understand risk culture, employ the power of persuasion and master communication and negotiation strategies to influence stakeholders. 

Who should take this course

This practical course is beneficial both for those who have formal risk, compliance and governance responsibilities in their organisations as well as to departmental heads and operational managers who are tasked with managing risk and setting risk culture for their respective department, function or unit.

Specific job titles include:

• Risk Champions
• Risk Analysts
• Risk Managers
• Compliance Managers
• Heads of Department
• Operations Managers
• HR Managers
• Business Continuity Managers
• HSE Managers
• Security Managers
• Finance Managers
• IT Managers

Learning objectives

• Improved understanding, familiarity and confidence with how ERM principles, framework and process can be used to support your organisation in achieving its objectives and targets.
• Improved understanding of how individual risk tolerance, preferences and behaviours are formed and contribute to risk-informed decision-making
• Ability to use cutting edge, best practice tools and techniques to identify risk in terms of both threat and opportunity, assess risk effectively and select appropriate risk treatment measures
• Ability to create risk communication strategies and initiatives to influence stakeholders and set the tone for positive risk culture
• Improved understanding of the importance of incorporating business continuity into enterprise risk frameworks to ensure your organisation can withstand the worst.