Managing Risk

    Target Audience

    The Managing Risk Course is designed for founders, owners, members of the board, senior managers and professional advisors of SMEs that:

    • Are incorporated as a legal entity e.g. private limited company
    • Have reached a growth stage where those involved in managing the business on a day to day basis and/or those involved in future planning, are starting to look for governance solutions that will help them run their companies more efficiently, effectively and sustainably
    Course Objectives
    After attending this course, participants are expected to be able to:
    • Define risk management and its benefits to their business.
    • Develop a risk management framework and processes to manage risk in your business.
    Content
    • Introduction to the workshop
    • Session 1: Risk management and its benefits to SMEs Risk management
      • Benefits of risk management
      • Risk appetite/tolerance
    • Session 2: Risk management process Risk management process
      • Methods to identify risk
      • Risk assessment matrix
      • Strategies to response to risk
      • Risk monitoring and reports
      • Evaluation of risk management process
      • Risk management roles
    Course Duration

    1 day (7 hours)


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