Operational Risk Management and Mitigation
Operational Risk Management and Mitigation
Management & Leadership
www.lpcentre.com
Operational Risk Management and Mitigation
INTRODUCTION Organizations in industries face operational risks wherever they turn. To the left lie ever-present risks from employee conduct, third parties, data, business processes, and controls. To the right are inherent cultural, moral, and ethical risks. Layered on top are technology risks—which are compounded as organizations embrace new technologies like automation, robotics, and artificial intelligence.
This Operational Risk Management and Mitigation Training course develops the understanding, skills, methods and behaviors required to proactively manage risk across your operations – helping ensure day-to-day operational continuity, as well as the long-term sustainability of your organisation. Based on a proven framework and introducing best practice techniques,
Operational Risk Management and Mitigation training course provides a deep understanding of the human, process, systems, and organisational causes of risk and how to minimize them, including insight into the psychology of risk prevention and the need to combat external threats. The training seminar will enable the delegates to examine their own operations and take steps to plan and manage risk within their workplace.
OBJECTIVES At the end of this operational Risk Management & Mitigation training course, you will be able to:
Improving the reliability of business operations Improving the effectiveness of the risk management operations Strengthening the decision-making process where risks are involved Reduction in losses caused by poorly-identified risks Early identification of unlawful activities Lower compliance costs Reduction in potential damage from future risks Appreciate the benefits of proactive Operational Risk Management Construct an effective Risk Management Plan Conduct Risk Identification and Risk Analysis
Operational Risk Management and Mitigation
Plan a response to risk and take action to mitigate it Implement an Operational Risk Management Framework within your organisation Document, report and manage Operational Risk
Operational Risk Management and Mitigation
WHO SHOULD ATTEND ? Operational Risk Management and Mitigation training course is suitable to a wide range of professionals but will greatly benefit:
Senior Operations Managers Risk Management Professionals Operations Managers Senior Team Leaders Maintenance Managers, Engineers and Technicians Operations Planners
COURSE OUTLINE
Day 1 The Foundations of Operational Risk Management What is Risk and Operational Risk Management? The Benefits of Operational Risk Management The Operational Risk Management Framework The 6-step Operational Risk Management Cycle Enterprise Risk Management Risk Identification Process Risk Management Principles and Standards Risk Assessment
Day 2 Risk Management Methods The Challenges of Risk Management Operational Risk Management in the Corporate Structure
Operational Risk Management and Mitigation
Probability and Statistics for Operational Risk Management Risk Modelling Failure Modes and Effects Risk Measurement Risk Maturity Level and Risk Appetite Risk Response
Day 3 Risk Governance Risk Controls Key Risk Indicators (KRIs) Qualitative and Quantitative Risk Analysis Risk Actions Risk Reviews Risk Governance – Three Lines of Defense Risk Oversight, Documentation and Reporting Project Risk Management
Day 4 Implementing Operational Risk Management Overcoming the Hurdles to Risk Management Risk Management Communication Setting a Risk Management Vision Stakeholder Ownership of Risk Management Instilling a Risk Management Culture International Attitudes to Risk Embedding Operational Risk Management
Day 5 Integrating Risk Management into your Operations
Operational Risk Management and Mitigation
Web-based Risk Management Tools Integrating Risk Management into Your Operations Top Tips for Successful Operational Risk Management Review of Learning Personal Action Planning based on Lessons Learned from Course
IN-HOUSE TRAINING LPC Training is capable of conducting this training programme exclusively for your delegates. Please e-mail us on admin@lpcentre.com for further information and/or to receive a comprehensive proposal.
Operational Risk Management and Mitigation
CONTACT INFO DOCUMENTATION High-Quality material has been prepared by the LPC team for distribution to delegates. In addition, a special note pad to facilitate note-taking will be provided.
LONDON Oxford Street Offices: London - Oxford Street 25 N Row, London W1K 6DJ +44 (0) 20 36 916 970
CERTIFICATES Accredited Certificate of completion will be issued to those who attend & successfully complete the programme.
West London Office: 47 – 49 Park Royal Road London NW10 7LQ +44 (0) 20 80 900 464 info@lpcentre.com
SCHEDULE
DUBAI Our Course timings commence at 09:00AM 12:45PM Or 01:00PM - 05:00PM.
Business Bay, ParkLane Tower, Offices 718 - 719 dubai.training@lpcentre.com
REGISTRATION & PAYMENT Please complete the registration form on the course page & return it to us indicating your preferred mode of payment. For Further Information, please get in touch with us.
KUALA LUMPUR No. 03-06-05, UOA Business Park, Jalan Pengaturcara U1/51A, Section U1, Kawasan Perindustrian Temasaya, 40150 Shah Alam, Selangor
CANCELLATION AND REFUND POLICY
+60 19-305 5694
Delegates have 14 days from the date of booking to cancel and receive a full refund or transfer to another date free of charge. If less than 14 days’ notice is given then we will be unable to refund or cancel the booking unless on medical grounds. For more details about the Cancellation and Refund policy, please visit www.lpcentre.com/terms-and-conditions/
TRAVEL AND TRANSPORT We are committed to picking up and dropping off the participants from the airport to the hotel and back.
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