Fundamentals of ERM for 21st Century Public
Sector Organizations
Introduction
Modern organizations are continuously evolving and the environment in which they operate is
becoming more dynamic; hence risk management is increasingly taking a center stage. Globally
the underlying assumptions are continually being challenged, the business environment is
becoming more competitive, and sensitive. Furthermore, stakeholders are progressively
demanding responsible activities from governments and business.
Hence, not only do the organizations take risk management as a compliance requirement, which
it surely is, but they also understand that pursuing formal risk management initiatives in
corporate governance, strategy, finance, IT and other operations will increase their
organizational value, protect organizational and individual integrity and ensure long term
sustainability.
KEYDIMENSIONS, managing risks to improve quality and performance.
Workshop Overview
This workshop provides a complete practical understanding of risk management from cradle to
grave and can be applied in any organization with a biased focus in public sector organizations.
With the advancements in tools and techniques as well as changes in legislation, the workshop
can be used as a refresher to experienced practicing risk officers as well as new risk
practitioners.
Workshop Objectives:
• Understand the purpose, applicability and background
of the risk management in the public sector
• Align risk management with organizational planning,
budgets and performance reporting
• Design and implement a risk management program
consistent with legislation and best practice
• Facilitate maturity of the risk management program in
the organization
• Develop skills and confidence to sponsor organizational wide buy -in into the risk
management process
• Develop appropriate reports to management and oversight structures
• Gain confidence to facilitate risk assessments and risk discussions with management
and oversight. Be a “go-to-person” in the organization.
• Integrate risk management into business activities
• Motivate for resources to implement risk management program
• Involve all stakeholders in the risk management program
• Master ERM in the 21st century public sector organization
Who should attend?
• Practicing risk managers and risk champions requiring a refresher and new
techniques in risk management
• Risk owners and task owners
• Compliance, performance and those officials responsible for anti-fraud and
corruption programmes
• Executives, heads of departments and Board members
• Auditors, accountants, consultants and project managers
• Anyone wishing to enter risk management profession
• Students studying towards risk management and related courses at tertiary
institutions
Duration of the Workshop: 3 days
Register now!!!!Limited spaces
Business Partnering- Integrating risk into Business Operations
Introduction
The aim of the workshop is to enable participants to embed risk management into business operations by understanding the areas that may be targeted as well as appropriate tools and techniques for integration
Although risk management is an independent process, transformational organizations maximize its benefits by applying its principles and process to compliment and support the existing business operations, quality practices, legal requirements, standards, and guidelines. Because of this partnership, risk management may support and inform practical decisions when integrated into other operational systems and processes. This partnering, if effectively implemented and managed will result in increased value for the organization, improved quality of the operations and improved performance of the organization as a whole.
Workshop Objectives
Enable participants to understand practical methods and principles of integrating risk management into operations
Understand how to utilize the risk management process to effectively embed risk management at operations
Understand role of risk management as an integral part of integrated quality management
Develop appropriate skill to be classified as a “go-to person” for business solutions
Learn how to support business to develop, document and implement guidelines to integrate risk management into their operations
Support auditing and inspections to define the frequency and scope of audits, both internal and external by taking into consideration critical factors. Understand those factors
Learn how to select, evaluate and interpret trend results of data to assist periodic risk reviews
Utilize risk management knowledge and information to engage in change management initiatives
Facilitate continual improvement in processes and change organization from “fire –fighter to fire-preventer”
Understand and apply risk management as part of Supply Chain Management including assessment and evaluation of suppliers and contract, starting materials, storage, logistics, distribution and disposal conditions
Workshop Overview:
The aim of the workshop is to enable participants to embed risk management into business operations by understanding the areas that may be targeted as well as appropriate tools and techniques for integration.
The training programme aims to be interactive and provides delegates with practical tools for immediate implementation. To this end case studies, facilitator knowledge and experience as well as group discussion will be important to make this session successful.
Participants will be required to attend all the entire workshop sessions in order to receive the programme certificate of completion.
Who should attend?
Practicing risk managers and risk champions requiring a refresher and new techniques in
risk management
Compliance, performance, loss control and anti-fraud and corruption program drivers
Executives and heads of departments and Board members
Auditors, accountants, consultants, business unit managers and project managers
Risk champions
Anyone wishing to enter risk management profession
Students studying towards risk management and related courses at tertiary institutions
Workshop duration: 2 days
Register now!!!!Limited spaces
Risk Management for SMMEs
Introduction
Economies of the world are experiencing serious challenges of slow growth and dwindling
employment opportunities. In developing economies in particular, the triple challenge of
poverty, unemployment and inequity is escalating; hence governments have identifies growing
SMMES as an important solution. Radical policy shifts coupled with growth in SMME
investments are indication of the importance of SMMEs as key drivers of economic growth and
job creation. To reap full benefits of such investments, the systems of effective governance and
risk management should be adopted at early stages of SMME business development and be
consistently embedded as a business culture.
SMMEs and individuals should understand that pursuing formal risk management initiatives as
an important part of their business strategy will increase their business value, protect the
business and individual integrity and ensure long term sustainability even in times of adversity.
KEYDIMENSIONS, managing risks to improve quality and performance.
Workshop Overview
This workshop provides a complete practical understanding of the benefits of risk management;
its concepts, principles and application for SMMEs and individuals. The workshop is a one stop
shop for the solutions to creating SMME and entrepreneurial organizations that seek to
minimise risks, capitalise opportunities as well as increase and sustain business performance.
With the advancements in tools and techniques for risk management, the workshop can be
used as a refresher to experienced practicing business people as well as business advisors.
Workshop Objectives:
Build confidence in achieving successful SMME growth and sustainability through an
integrated study of business acumen, risk management and focus on quality
Understand risk management, its concepts, benefits, process and principles
Identify common risks associated with SMMEs and develop strategies to mitigate them
Gathering and analysing critical information about causes and consequences of risks for
SMMEs
Develop, evaluate, implement and monitor SMME risk management plan
Identify common warning signs of risks for SMME
Gain understanding of financial risk literacy as an important SMME risk management
tool
Who should attend?
• Business owners and those intending to develop risk management skill for personal
development
• Practicing risk managers and risk champions who support SMMEs
• Business Advisors
• Executives , heads of departments and Board members involved with Economic
Development
• Auditors, accountants, consultants and project managers
• Anyone wishing to enter risk management profession
• Students studying towards risk management and entrepreneurship at tertiary
institutions
Duration of the Workshop: 2 days
Register now!!!!Limited spaces
Risk and Compliance- Doing the right things,
the risk way
Workshop Overview
This workshop will assist organizations to adopt effective compliance risk management processes that meet overall compliance requirements and protect the organizations from loss or damage. Compliance risk management may improve the way the business operates, enhance relationships with stakeholders and provide for sustainable business.
Our training equips both industry and regulatory personnel in compliance risk management processes for greater understanding of compliant decision-making processes and builds confidence in business outcomes. Compliance risk management should be documented appropriately and integrated into strategic and business g operations
KEYDIMENSIONS, managing risks towards integrity and reputation.
Workshop Objectives:
1. Understand the concept of compliance risk management, its background and applicability
2. Understanding compliance risk management within the broader risk management strategy
3. Establish the relationship of compliance risk with other major risk categories
4. Streamline the focus of compliance risk management in the organization
5. Develop framework for compliance risk management
6. Develop compliance risk management plans (CRMP)
7. Monitor and report implementation of CRPM
8. Monitor organizational compliance- the risk management way
Who should attend?
• Chief Risk Officers, Compliance Officers, Legal Practitioners, Risk Managers • Risk practitioners, risk champions, risk owners and task owners • Performance management, loss control, anti-fraud and corruption program practitioners
and managers • Executives , heads of departments and Board members • Auditors, accountants, consultants and project managers • Anyone wishing to enter risk and compliance management profession • Students studying towards risk management and related courses at tertiary institutions
Course Outline
Duration of the Workshop: 1 day
Register now!!!!Limited spaces
Risk Governance Training Program for A High-
Performance Board and Executive Team
An introduction
Modern organizations are continuously evolving and the environment in which they operate is becoming more dynamic; hence risk management is increasingly taking a centre stage. Globally the underlying assumptions are continually being challenged, the business environment is becoming more competitive and stakeholders are progressively demanding responsible activities from governments and business. Boards are continually being challenged for the decisions they take and the risks those decisions expose the organization and society into.
Hence, not only do the organizations take risk management as a compliance requirement, which it surely is, but they also understand that pursuing formal risk management initiatives in, corporate governance, strategy and operations will increase their organizational value, retain stakeholder confidence, protect company and professional integrity and ensure long term sustainability.
KEYDIMENSIONS, managing risks to improve quality and performance.
Workshop Objectives
Enable Boards and Councils to effectively discharge their oversight roles and responsibilities over risk and related matters
Obtain deeper understanding of enterprise risk management and risk governance and how these link to the organizational strategy
Practically apply the understanding of principles of risk management and governance to own organization
Provide leadership to effective strategic risk assessment and risk management. What does quality mean in risk management?
Understand what every report means to the risk profile. What are fundamental risks and flaws in a report
Understand different categories of risks facing an organization and their impacts.
Setting the risk appetite and risk tolerance for the management of risks
Business Continuity- What will happen if critical processes fail?
Workshop Overview:
The aim of the training is to enhance the knowledge of Board of Directors, Councillors, Executive Management and Committees to enable them to discharge their duties effectively and confidently. The program enables participants to develop broad-spectrum insights into best risk management practices that improve coherence and resilience in business direction and strategy, drive corporate responsibility, improve organizational accountability and boost stakeholder confidence.
The training programme aims to be interactive and provides delegates with practical tools for immediate implementation. To this end case studies, facilitator knowledge and experience as well as group discussion will be important to make this session successful.
Participants will be required to attend all the entire workshop sessions in order to receive the programme certificate of completion.
Workshop duration: 1 day
Workshop outline:
Module Key focus areas
Corporate Governance in
Perspective
Principles of Corporate Governance
Why is corporate governance vital to South Africa?
Latest best practices to corporate governance
Corporate governance, strategy and performance
Crisis management and succession planning
Risk, corporate governance and compliance
Governance Framework and
Models
Exploring practical governance regulatory
frameworks including a view on King IV
An Integrated governance approach
The Stakeholder Focused Model
Boards drive ethical culture
Practical view on high performing Boards
King 111- The Boards is
responsible for total process
of Risk Management
The “ Tone at the top”
Risk Management- a key Board function- a strategic
imperative. Why?
Identify risks and leverage opportunities. Build
understanding of the risk process and isolate
strategic boards role in risk management
Beyond a compliant risk governance to effective risk
management process
A Model Risk Committee – What does this mean?
Collaborating Risk Management and Risk Committee
work for an effective Board
Risk maturity models
Business Continuity
Risk Appetite and Tolerance
Setting Risk Appetite
Understanding and Communicating risk appetite and
tolerance
Creating value with Risk Appetite and Risk Tolerance
Statements
Integrated Reporting and
Combined Assurance
Risk reporting. Has the risk profile changed?
Integrated reporting and Oversight role
Internal assurance providers
External assurance providers
CONTACT US
Nathi Mhlongo
Tel: 031 5632570
Register now!!!!Limited spaces
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