Our risk management training online takes a strategic approach to risk management, an approach that will proactively prevent risk and minimise downtime. The training takes learners through a step-by-step process of identifying and evaluating operational risks, with an emphasis on linking risk management to organisational objectives.
Risks could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, incidents, natural disasters, and pandemics. Risk management is the process of identifying, assessing, and controlling operational risks, including financial, legal, strategic, security, safety, environmental and quality risks to an organisation (ie. capital and earnings). This includes personnel within the organisation.
Quality Risk Management Training
Our online risk management training plays a pivotal role in catalysing business growth and fostering innovation. The four (4) key components of risk management covered in the training include:
- Risk identification and assessment.
- Risk mitigation and controls.
- Incident reporting, risk treatment and management.
- Leadership and culture.
By adhering to ISO certification standards and cultivating robust management systems, organisations can fortify operations, ensuring that potential risks are identified, assessed, and mitigated effectively. This furthermore safeguards business assurance and optimises performance. As a result, organisations can confidently explore new avenues for growth and innovation, with the knowledge of having a resilient foundation. Continuous training in risk management establishes a culture of vigilance and adaptability, driving continual improvement in processes and decision-making. The results are twofold: enhanced resilience against setbacks and the agility to seize opportunities, ultimately propelling the business towards sustained success and innovation.
The training will:
- Provide a practical and hands-on way to understand the theory and practice around ‘how to develop and maintain a risk management system’ for any type of organisation. The risk management system is based on the principles around ISO 31000: 2018 – Risk Management – Guidelines.
- Help learners understand the key dimensions of performing a risk assessment, using well-accepted frameworks and best practice models. The examples provided throughout the training are designed to provide learners with the confidence to perform risk assessments, along with practical tools that can be implemented immediately.
- Help learners manage business risks (ie. health, safety, environmental, cyber-security) more efficiently and effectively, by adopting a management systems-based approach and thinking towards the identification and evaluation of risks, and the implementation of controls.
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