This course is a basic introduction to Operations Risk management and mitigation developed specifically for Non Risk Managers and other business and line staff. It is intended to provide participants with a clear understanding of operations risk management and mitigation within the organization.
Often “risk management” is seen as the domain of the professional risk manager. This assumption is totally wrong. Every manager, every staff member; whether they fill a line or staff function needs to be acutely aware of the risks in the business and the operations that they perform.
Operations Risk is everywhere and understanding what it is and how it can be managed is vital component of every business’s strategy.
This course will provide participants with the answers to the most common questions posed when it comes to risk management like;
- What is operations risk?
- How is it managed?
- How do you apply and implement risk mitigation activities within an organisation?
- Anticipating factors, interpreting numbers and being aware of the potentials threats that might come up in day to day business.
- All management and personnel involved in business, line and staff functions
- Risk Managers
- Financial Officers
- Internal Auditors
- Staff with roles and responsibilities in operational risk in risk management departments, businesses and central departments
