Surgent's Enterprise Risk Management Concepts and Strategy for Small and Medium-Sized Companies
Wednesday, August 28, 2024
Webcast or Webinar, Online
9:00 AM - 12:30PM (opens at 8:30 AM) EST
4Credits
Technical Business
Registration is Open
Members
$159.00 Regular Price
Non-Members
$219.00 Regular Price
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Course Type: Webcast
Course Code: 24/SUERM472
Level: Intermediate
Vendor: Surgent
Field of Study: Management Services
Overview:
2020 taught us that major risks can come at us from any direction and with barely a warning. All organizations operate in a risk environment, but all too often, they either don't realize it or they don't develop a strategy to deal with the risks. In this session, we will explore how risks work in both for-profit and not-for-profit organizations and how they can develop a strategy to identify, evaluate, and mitigate those risks. This program will not teach how to eliminate risks, but how to strategize how to reduce their total effect. We will liberally use case studies of both for-profit and not-for-profit companies to bridge the gap between concept and actual implementation. In each area we will explore what our experiences of the pandemic have taught us about this part of risk management.Objectives:
- Understand how risks can both positively and negatively affect the organization
- Learn more about how we could have been better prepared for the pandemic
- Determine the nature of risk in both large and small organizations
- Understand the tolerance for risk in the organization
- Match risks to proper strategy
- Perform risk analysis and evaluations
- See how the strategy of the organization represents risk
Major Topics:
- Overview of ERM and how it affects all organizations
- What COVID-19 has taught us about risk management
- Risk tolerance and developing a plan
- Risk identification
- Risk analysis
- Risk responses
- Strategy risk
Major Topics:
- Overview of ERM and how it affects all organizations
- What COVID-19 has taught us about risk management
- Risk tolerance and developing a plan
- Risk identification
- Risk analysis
- Risk responses
- Strategy risk