Enterprise Risk Management from Identification, Assessment, Mitigation, to Continuous Improvement for Business Success
Sub Category
- Management
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Objectives
- Identify business risks: Learn to identify & differentiate strategic, operational, financial, and compliance risks, & their impacts on organizational stability
- Apply risk assessment techniques: Master risk assessment method like SWOT analysis & risk matrix to analyze risk impact & probability for better prioritization
- Develop mitigation strategies: Design effective risk mitigation plans using avoidance, reduction, sharing, and acceptance strategies in real-world scenarios.
- Utilize ERM frameworks: Implement and integrate enterprise risk management frameworks like COSO into organizational structures for a comprehensive approach.
- Monitor risk processes: Establish continuous monitoring and feedback loops for risk management to ensure consistent improvement and adaptability over time.
- Analyze case studies: Review real-world case studies to connect course concepts to practical applications and understand how successful businesses manage risk.
Pre Requisites
- Basic Business Knowledge: A general understanding of business operations and functions is helpful but not mandatory.
- Interest in Risk Management: No prior experience needed, but an interest in understanding and managing business risks will be beneficial.
- Open to All Skill Levels: This course is designed for beginners and professionals looking to enhance their knowledge of enterprise risk management.
- No Special Tools Required: Learners only need a device (laptop, tablet, or smartphone) with internet access to access the course materials.
- Willingness to Learn: A proactive mindset and a willingness to engage with case studies and practical exercises.
FAQ
- Q. How long do I have access to the course materials?
- A. You can view and review the lecture materials indefinitely, like an on-demand channel.
- Q. Can I take my courses with me wherever I go?
- A. Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don't have an internet connection, some instructors also let their students download course lectures. That's up to the instructor though, so make sure you get on their good side!
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