Risk Management
Organisations that are most effective and efficient in managing risk to both existing assets and to future growth will, in the long run, outperform those that are less so. Simply put, companies make money by taking intelligent risks and lose money by failing to manage risk intelligently.
Risk management is becoming an increasingly hot topic not only in big companies but also in SME's. In our very complex and ever more changeable environment, organisations face unexpected events that pose a risk for their operation. It is essential that companies are aware of the potential risks they face, the likelihood of these risks and prepare to manage these risks.
Here at Oxford Brookes Business School we encourage managers and business leaders to identify and take risks and develop organisational risk intelligence since risks are not only a threat but an opportunity which can result in superior performance and competitive advantage.
Who should attend?
Formulating an organisation's risk appetite, codifying its risk policy and communicating it should take place at every level of organisation. Superior performance can only be achieved if managers at every level are aware of the risks that they may and are expected to take. Therefore this course is aimed at managers and decision makers from various industries as well as the public sector representing every level of the decision making hierarchy.
Benefits to individual and the organisation
Completing this course will contribute to individual decision makers' competence to identify and manage risks; to distinguish risk from uncertainty; and to assess organisational potential to achieve higher performance while managing potential risks. Therefore, individuals who complete this course will have a better understanding of the external and the internal environment, the link between organisational competences and opportunities and threats. They will also learn about how to mitigate risk and about the link between risk taking, corporate culture, and leadership. The risk policy should be an integral part of an organisation's corporate strategy; therefore those who complete this course will have a better chance to contribute to the strategic management process of the organisation.
"It has provided me with better knowledge of Risk Management and I am now better positioned to deal with risk. It was a memorable experience being at Oxford Brookes for the programme."
A member of the Executive Trainers delegation, Nigeria
Content
The workshop will start with identifying each delegate's leadership experience and any specific aims they have for this workshop.
Areas covered will be:
- Process of risk identification;
- Strategies for risk management;
- Evaluation of risk management strategies;
- Policy formulation and communication;
- Risk mitigation;
- Risk aware culture and leadership.
Duration
The length of the workshop can be tailored to suit the organisation's requirements. The minimum duration however, would be two days.
Price
The price for a two-day programme is £7,200; this would be for up to 12 delegates. Additional delegates on the two-day programme are charged at £400 per delegate. Additional days, again for up to 12 delegates, would be charged at £3,600 per day. Delegates over the minimum of 12 are charged at £200 per delegate per additional day.
A certificate of attendance will be presented to the delegates at the end of the course.
For further information on Risk Management contact our customer services team on +44 (0) 1865 485797 or email Amber Rose at
