Webinar "Risk_Training"

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Event agenda

An online introduction to the basics of risk management for business professionals

Risk and uncertainty

As a society, as organisations and as individuals, we all live with uncertain futures. Indeed, it’s a key part of being human. We all have things we want to achieve, opportunities we want to exploit and changes we want to make.  But we can never be completely sure how things will turn out - risks in the real world, and risks arising from our own actions (or inaction), if not effectively managed, may stop us achieving our goals.

Sometimes these risks will lead to direct monetary loss, but they can also lead to illness and injury, damage to the environment and property, business failure, loss of employment or waste of human potential.

Conversely though, risk taking can also lead to achievement, gain, happiness and progress. Risk has a distinct and substantial upside (opportunity), as well as the more obvious downside (threat).

Risk management

Risk management applies a systematic and rigorous approach to understanding, analysing and responding to risk, with the aim of making better, more informed, decisions and increasing the likelihood that we will achieve our objectives.

The greatest challenge, however, is to combine all of this with a strong understanding of the behavioural and cultural aspects of how we perceive, interpret, communicate and respond to risk. Understanding and influencing why people behave as they do, what incentivises them to act in a particular way and how decisions are made is indeed an important skill.

 This webinar

This introduction provides delegates with a basic introduction to:

  • The concepts of risk and uncertainty, the types of risk faced by organisations, including both upside (opportunity) and downside (threat) risk.
  •  The importance of understanding the external and internal environment.
  • The skills to be able to identify, measure, evaluate and prioritise risks in their organisation.
  • The key techniques for treating risk – and where to obtain further help in their application.
  • The behavioural and cultural aspects of risk
  • The value and benefits of integrated risk management, and how it supports strategic, tactical and change objectives
  • A simple framework for the management of integrated business risk.

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Steve Fowler

Steve leads Amarreurs Consulting Ltd, a specialist firm providing international business strategy, risk and resilience, occupational health and safety, and change management training and consultancy services.

Steve previously served for twelve years as Chief Executive Officer of the Institute of Risk Management (IRM).

Steve is a a prolific writer on risk management and business strategy, risk in major projects, international development and on competency standards for the risk management profession.

He is also a part-time university lecturer in risk management and a member of British Standards Institution’s committee for risk management. He serves on several risk management committees for major organisations.