Operational Risk Management & Resilience
This course aims to help participants learn how to enhance the operational risk management and resilience capabilities of their organisations. In particular, we focus on how the recent disaster made plain the strategic weaknesses of most organisations insofar as withstanding and responding to surprises. While the pandemic was, by most accounts, unpredictable, the responses to it varied—often becoming the determining factor in whether an organisation survived. This course addresses these concerns by making operational risk management a strategic, forward-looking undertaking that aims to constantly position and reposition the organisation in light changing internal and external challenges. This approach breeds resilience.
Objectives
- Identification of emerging risks
- Risk networks rather than risk registers
- Key elements of counter-terrorism measures and physical security
- Implementing ORM: the invisible framework
- Must-know about cyber security and threats
- How to differentiate and address human errors
- How to use root cause analysis most effectively
- Influencing behaviours for better control
- All best practices in operational risk management for financial companies
- Risk Reporting and Conduct reporting
- Building a framework for risk culture change
- Leading KRIs framework for identification and design
- Scenario analysis and assessment