Introduction to Risk Management – Decision Makers & Leaders

Understanding Risk Management Concepts

What you’ll learn
What is Risk
Various types of Risks
Risks relating to Products
Risks relating to Service based businesses
Mitigating Risks
Various Mitigating Approaches
Who I responsible for Managing Risk in an Organisation

Requirements
Appropriate mindset
Aspiring to Leadership roles and responsibilities
Desire to Understand Risks
Desire for Organisational growth, protection
Leadership consideration/mindset
Desire to become more Objective focused as a business, unit, function, organisation
Drive to improve outcomes
Professional drive towards understanding challenges towards desired outcomes
Personal motivation to learn more about business considerations

Description
Understanding Risks, how to identify, assess, mitigate and monitor them for decision making is crucial to the success of any one in a role needing to make calls. We examine the concepts around Risk Mitigation, for decision makers and anyone in a position of leadership/responsibility. Risk is something we live with daily in business and all around us. It is not so much as not to have ANY risks (where ideal), but by definition, carrying on in business is a risk and presents multiple risks. So, we need to explore ways we can manage those risks. Risk management refers to the process of identifying, assessing, and mitigating risks that could potentially impact the business or organisation or performance of an institution or its clients. This course explores:- Various approaches to risk- Various risks that could occur in any business or organisation- Managing and mitigating risks- Creating an environment of risk awareness and mitigation is normalSome of the introductory concepts we look include: – Common approaches to risk – Risk Identification- Risk Assessment- Risk Measurement and Monitoring- Risk Mitigation- Regulatory Compliance and more Overall, effective risk management is essential for maintaining business and financial stability, protecting against losses, and building trust and confidence among stakeholders.Decision Makers and Leaders can develop the skills to managing risks, ensuring that the organisation and it’s stakeholders are protected as well as served to the benefit of all. Thanks for stopping by on this course and look forward to your feedback. Feel free to reach out if you have any questions. best regards, Baba

Who this course is for
Leaders
Supervisors
Managers
C-Suite
Board Members
Founders
Business Owners
Small Business Owners
Aspiring Managers
Anyone
Policy Makers