Workshops

By the end of this session, you will be able to:

• Develop a structured process for balancing risks and returns in your organization.
• Improve risk identification methods (surveys, interviews, workshops) to ensure key threats and opportunities are not overlooked.
• Make risks and opportunities more visible and measurable to support better decision-making.
• Focus your risk management efforts on the most important areas.
• Prioritize and allocate resources efficiently to address critical risks.
• Strengthen stakeholder trust by engaging them in an ongoing process that supports successful enterprise risk management (ERM).

• Introduction to Risk Assessment under the ERM Framework:
  • Understand the basics of risk assessment in ERM, covering strategic, operational, financial, and hazard risks.
  • Learn techniques for conducting assessments using surveys, interviews, and workshops.
• Conducting Risk Assessments with RCSA Methodology:
  • Explore the ISO-recommended Risk & Control Self-Assessment (RCSA) methodology for identifying and evaluating risks.
  • Gain practical understanding and skills in assessing controls and identifying vulnerabiltity gaps.
  • Understand the scope and limitations of RCSA approach.
• Learn and Apply ARiMI’s EVRA for deeper Diagnostics:
  • Discover the Enterprise Value Risk Assessment (EVRA) for dynamic risk assessment beyond traditional risks, including business model risks, emerging risks and rare events (black swans).
  • Use EVRA to conduct disruption impact analysis (DIA) to ensure crisis and business continuity preparedness.
  • Participate in exercises to apply the EVRA framework in real-world scenarios and resolve critical problems.

• Executives & Directors
• Risk & Insurance Managers
• Auditors & Finance Professionals
• Compliance, Legal, & Change Managers
• Public Sector & HR Managers

• Published Course Fee: SGD 1,650.00 nett
• Early Bird Course Fee: SGD1,265.00 nett (register by 24 January 2025 to be eligible)
• 20% Group Discount: Register two or more participants from the same company for the program and receive a 20% discount on the published course fee. Discounts cannot be combined with other offers.

By the end of this session, you will be able to:

• Understand how clear risk communication can guide effective decisions and prevent crises.
• Know when and how to communicate about both known risks and unexpected events (black swans).
• Conduct an audit to assess how risk perception and communication influence decision-making and create vulnerabilities.
• Understand how stakeholders may perceive and react to your messages.
• Identify and respond to different types of risk communication situations.
• Learn the 7 steps to create a risk communication strategy.

• Risk Communication: Understand the importance of effectively conveying risk issues to ensure stakeholders grasp potential threats and adopt effective responses.
• Psychology of Risk & Decision-Making: Explore how the psychology and perceptions of risk influence decision-making within organizations.
• Social Capital: Learn how risk managers can build relationships and networks to foster collaboration and support based on trust and accountability.
• Cultural Risk Maturity: Assess the cultural maturity of organizations regarding risk awareness and management and identify ways to enhance it.
• Leveraging Social Networks: Discover strategies for using the psychology of social networks to communicate risk information and foster stakeholders’ collaboration effectively.

• CEOs & Managing Directors
• Senior Management
• Corporate Communication Managers
• Risk Managers
• Business Continuity Staff
• Emergency Planners
• Change & HR Managers
• Divisional & Operational Managers

• Published Course Fee: SGD 845.00 nett
• Early Bird Course Fee: SGD 645.00 nett (register by 24 January 2025 to be eligible)
• 20% Group Discount: Register two or more participants from the same company for the program and receive a 20% discount on the published course fee. Discounts cannot be combined with other offers.

By the end of this session, you will be able to:

• Identify the key tangible and intangible assets that matter within your organization.
• Understand the main causes of losses and the hidden ones related to property, people, and intangibles assets such as reputation.
• Learn about the concept of acceptable risk and risk tolerance and how it applies to your organization.
• Organize the systematic management of the triggers and factors in your environment that lead to risks and opportunities.
• Learn techniques to prevent or reduce the impact of losses and when to use them effectively.
• Understand common mistakes leading to the selection and implemention of ineffective control measures.
• Increase sustainability and performance by designing and implementing effective organizational solutions.

• Understanding Risk Profiles: Learn how an organization’s risk profile influences risk treatment decisions.
• Risk Appetite and Tolerance: Understand how risk appetite and tolerance shape risk retention and treatment.
• Risk Treatment Options: Develop effective options for managing risks and opportunities.
• Implementing Risk Treatment Plans: Learn how to execute risk treatment plans effectively.
• Optimizing Key Risk Controls:
  Understand and enhance risk controls for performance optimisation and crisis prepardness.
• Key Risk Prevention Techniques:
  Examine essential techniques for preventing risks within the organization.
• Managing Risk and Opportunity Factors: Learn to manage factors that influence risks and opportunities.
• Loss Prediction and Risk-Return Optimization: Explore methods to predict losses and optimize sustainable risk-return.

• CEO/Senior Management
• Chief Risk Officer/Risk Manager
• CFO/Finance Manager
• General Counsel
• Contracts/Program Manager
• HR Manager
• Operations/Production Manager
• Logistics Manager

• Published Course Fee: SGD 515.00 nett
• Early Bird Course Fee: SGD 395.00 nett (register by 22 February 2025 to be eligible)
• 20% Group Discount: Register two or more participants from the same company for the program and receive a 20% discount on the published course fee. Discounts cannot be combined with other offers.

By the end of this session, you will be able to:

• Understand the role of risk financing in managing organizational risks, including paying for losses, ensuring liquidity, compliance, and managing uncertainty.
• Grasp the concept of risk appetite and tolerance, considering both perception and financial capability.
• Learn when and how to use insurance, captives, bonds, and other risk transfer mechanisms.
• Analyze how risks, crises, and losses affect your balance sheet, profit & loss, cash flow and even your business and opetrations, and how to select the appropriate risk financing techniques.
• Discover effective risk financing methods to ensure your organization can handle any financial losses.
• Improve performance by optimizing the risk-return balance through proper capital allocation and risk financing.

• Analyze Your Organization’s Risk Profile:
  Assess the risk profile of your organization to develop a tailored risk financing strategy that aligns with business and operational objectives.
• Develop Strategic Risk Financing Options:
  Explore various risk financing strategies to effectively manage and mitigate potential financial impacts on the organization.
• Introduction to Insurance:
  Gain a foundational understanding of insurance as a risk transfer mechanism and its role in covering many organizational risks.
• Overview of Reinsurance Mechanisms:
  Learn how reinsurance operates in the background and its importance in sharing and reducing risk exposure for insurance providers and large organizations.
• The Rise of Captive Insurance:
  Examine the growing trend of captive insurance and how organizations are using it to self-insure and better control their risk management strategy.
• Customized Risk Solutions with ART and Capital Markets:
  Discover innovative risk management solutions, including Alternative Risk Transfer (ART) and capital market instruments, to address complex risks with tailored strategies.

• CEOs and Senior Executives
• Chief Risk Officers and Risk Managers
• Internal Auditors
• CFOs and Finance Managers
• Insurance Brokers
• Underwriters

• Published Course Fee: SGD 515.00 nett
• Early Bird Course Fee: SGD 395.00 nett (register by 22 February 2025 to be eligible)
• 20% Group Discount: Register two or more participants from the same company for the program and receive a 20% discount on the published course fee. Discounts cannot be combined with other offers.

By the end of this session, you will be able to:

• Learn how to develop a comprehensive risk metrics dashboard that provides actionable insights for tracking and responding to risks.
• Recognize the key factors that lead to risks or crises, enabling timely monitoring and early effective intervention.
• Design and implement the right Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs) to measure and track risks together with performance.
• Build a risk management performance measurement system that integrates into overall organizational performance, ensuring effective risk-return evaluation.
• Connect risk management efforts with audit assurance and performance management frameworks, such as the Balanced Scorecard, to strengthen real accountability.
• Understand and avoid common pitfalls in risk monitoring and reporting to improve accuracy and effectiveness of the system.

• Understanding Risk, Risk Management, and Risk Metrics
  Gain a foundational understanding of what constitutes risk, the principles of risk management, and the role of metrics in evaluating and monitoring risk and the connection with corporate performance.
• Exploring Different Types of Metrics and Indicators
  Learn about the various types of risk metrics and indicators, including Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs), and how they can be applied in different risk management contexts.
• Evaluating the Benefits and Limitations of Risk Metrics
  Understand the advantages of using metrics to manage risk effectively, while also identifying the potential limitations and challenges in their application.
• Common Pitfalls When Using Risk Metrics and Indicators
  Discover what can go wrong when relying on traditional risk metrics, including misinterpretation, over-reliance, and failure to capture emerging risks.
• Establishing a Key Metrics Review Model and Dashboard Using the Balanced Scorecard (BSC)
  Learn how to design and implement a metrics review process, and create an integrated dashboard using the Balanced Scorecard (BSC) to monitor and track key risk metrics.
• Linking Risk Metrics with Performance Management Systems
  Explore how to connect risk metrics with broader performance management frameworks, ensuring that risk management aligns with overall organizational goals and strategic objectives.

• CEOs and Senior Management
• Chief Risk Officers and Risk Managers
• Internal Auditors
• CFOs and Finance Managers
• General Counsel
• Contracts and Program Managers
• HR Executives and Managers
• Operations and Production Managers
• Logistics Managers

• Published Course Fee: SGD 845.00 nett
• Early Bird Course Fee: SGD 645.00 nett (register by 22 February 2025 to be eligible)
• 20% Group Discount: Register two or more participants from the same company for the program and receive a 20% discount on the published course fee. Discounts cannot be combined with other offers.