IDENTIFYING, INFLUENCING AND MANAGING THE RISK CULTURE

OVERVIEW

Every organization has a risk culture, and awareness of its importance is growing in both the public and private sectors. Understanding how risk culture influences your organization is the first step to managing it successfully.

This course will help participants understanding of risk culture and what it means for your organization. You will also benefit from how to improve risk taking through the implementation of effective risk management techniques.

KEY LEARNING OBJECTIVES

At the end of this training participants would have acquired skills to:

• Develop practical techniques for risk culture management
• Learn the characteristics, effectiveness and limitations of assessment tools
• Discover the latest developments in industry practice and standard
• Learn the importance of risk taking and control
• Understand the meaning and influence of risk culture in your organization
• Learn the strengths and weaknesses of tools to assess and manage your organizations risk culture
• Be able to implement risk culture change and avoid potential perils and pitfalls

TARGET PARTICIPANTS

Risk Officers, Compliance officers, Control Officers, Internal Auditors, Back office personnel, Operations, Team Leaders

COURSE CONTENT

• Introduction
• The different types of risk culture assessment tools
• How risk culture can be a crucial factor in the success or failure of organizations
• How internal pressures affect an organization’s risk culture
• The role of external pressures, including regulations
• The barriers to risk culture control

COURSE DURATION: 2 Days