Nanyang Enterprise Risk Management (Module 2)
About This Course
This course is Module 2 of the Nanyang Enterprise Risk Management (ERM) programme.
The Nanyang ERM programme helps management and risk executives gain a more holistic view of risk throughout the organisation, so they can better align their business model and strategies to manage risk and achieve better returns.
Comprising 3 modules, each 2 days long, this programme is specially designed in collaboration with The Risk Management Society (RIMS) to equip participants with five core competencies:
1. Analyzing the Business Model
2. Designing Organizational Risk Strategies
3. Implementing the Risk Process
4. Developing Organizational Risk Competency
5. Supporting Decision Making
What You'll Learn
Module 2 builds on the foundation and concepts covered in Module 1. This module focuses on Risk Monitoring, Risk Identification, Risk Assessment and developing an appropriate Risk Management Implementation Plan.
Key Learning Objectives
• Review the importance of governance and culture, and the linkages of an organization’s mission, strategies and business objectives to risk appetite and risk tolerance
• Identify internal and external sources of potential risks
• Explain the basic components of risk analysis and describe a process to evaluate risks
• Apply appropriate risk responses and strategy
• Developing the ERM implementation roadmap
Entry Requirements
No fixed qualification requirements but executives with 5 or more years of work experience will better appreciate the course content