Nanyang Enterprise Risk Management (Module 1)
About This Course
This course is Module 1 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 1 focuses on understanding Risk Management Frameworks, Business Models, Governance and Climate Risk
On completion of Module 1, participants will have a good grasp of the essential concepts and principles of ERM and risk governance and understand the methodology for application to uphold and improve governance and business performance.
Topics:
- analysis of the business model and business value chain
- Distinguish key differences between COSO and ISO frameworks
- concepts of risk appetite and risk tolerance
- quantification of risk and formal risk management structure
- application and methodology of quantitative risk analysis
- key risk indicators and their application in business
- Corporate governance
- understand what it takes to manage risk effectively to build a high-performance entity
- understand the impact of climate risks on business
Entry Requirements
No fixed qualification requirements but executives with 5 or more years of work experience will better appreciate the course content