A good risk management plan is critical to minimising unexpected risks that can damage performance and threaten business stability. A sound risk management plan has been suggested to decrease problems by as much as 80-90%.
Research has shown that well-designed risk management plans can decrease challenges encountered most effectively when combined with a world-class management methodology. Risk management planning should be completed early during the strategic planning phase since it is crucial to successfully achieving strategic objectives. The risk management plan identifies and establishes the activities of risk management for the organization across the various functions.
This workshop will examine risk management from the two perspectives of damage or adverse impact upon the enterprise and the need to avoid missing key targets or opportunities.
Participants will also gain a comprehensive understanding of how risk management is an integrated part of performance achievement.
*A questionnaire will be required to be completed prior to the day of the workshop to facilitate maximum satisfaction with the learning process.
Key topics covered:
Malcolm Furber, FCMA, CGMA, FInstD, CCMI FSAIM
Malcolm trained with ICI in the U.K. qualifying as a Chartered Management Accountant in 1978 and has undertaken post qualifying studies in Marketing at Bradford University, International management trends at Princeton (USA) and Strategic management courses at SBL/UNISA and the London Business school. He is a fellow of the Chartered Institute of Management Accountants (CIMA), the Institute of Directors of Southern Africa and the South African Institute of Management.
Malcolm has been in consulting for the last 11 years where he has predominantly been involved in business improvement assignments in both the private and public sector. He is currently Strategic Implementation Advisor at EthossDelphini where he is primarily involved in mergers and acquisitions, due diligence, company restructuring and turnarounds and Enterprise Performance Management.
This workshop is suitable for mid-level accounting professionals with a basic understanding of how the business function performs and typical commercial, economic and environmental risks.