Course Overview:
This course provides participants with the knowledge and skills to identify, assess, and manage risks effectively while building business resilience. It covers frameworks and practical approaches to mitigate risks, ensure continuity, and adapt to evolving challenges in today’s dynamic business environment. Through a combination of theory, case studies, and practical exercises, learners will gain the capability to strengthen their organization’s ability to withstand disruptions and sustain long-term success.
Course Objectives:
By the end of this course, participants will be able to:
- Understand the principles and frameworks of risk management and business resilience.
- Identify various types of risks affecting businesses in diverse industries.
- Conduct comprehensive risk assessments using qualitative and quantitative techniques.
- Develop and implement risk mitigation strategies and business continuity plans.
- Build organizational resilience through adaptive strategies and proactive planning.
- Integrate risk management into overall corporate governance and strategic planning.
- Communicate risk and resilience strategies effectively to stakeholders.
Who Should Attend:
- Risk Managers and Compliance Officers
- Business Continuity and Disaster Recovery Professionals
- Senior Executives and Strategic Planners
- Operations and Project Managers
- IT and Cybersecurity Professionals
- Consultants and Advisors in Risk and Resilience
- Any professional responsible for organizational risk or resilience
Course Outline:
Introduction to Risk Management & Business Resilience
- Concepts and importance of risk management and resilience
- Types of risks: strategic, operational, financial, compliance, reputational
- Overview of resilience frameworks and standards (ISO 31000, ISO 22301)
Risk Identification & Assessment
- Risk identification techniques (brainstorming, SWOT, checklists)
- Qualitative vs quantitative risk assessment
- Risk prioritization and risk appetite determination
Risk Mitigation & Control Strategies
- Risk avoidance, reduction, transfer, and acceptance
- Developing and implementing risk mitigation plans
- Role of insurance and contractual risk transfer
Business Continuity Planning & Crisis Management
- Business continuity management (BCM) lifecycle
- Crisis response and communication strategies
- Developing and testing business continuity plans
Building Organizational Resilience
- Leadership’s role in fostering resilience
- Adaptive culture and learning organizations
- Supply chain resilience and risk management
Integrating Risk Management & Resilience into Governance
- Embedding risk and resilience in corporate strategy
- Reporting and communicating risks to stakeholders
- Monitoring, review, and continuous improvement
Practical Exercises & Case Studies
- Risk assessment workshop
- Business continuity plan development
- Crisis simulation and response exercise
- Real-world case studies of business resilience