Risk management Issues for The Board of Directors - Webinar By ComplianceOnline (Risk management)
Venue: Online Event
|Event Date/Time: May 10, 2011||End Date/Time: May 10, 2011|
Following the recent financial crisis, much attention has been paid to risk management as the crisis revealed that present risk management frameworks turned out insufficient to avoid or even ward against the economic upheaval. Sound knowledge about how to optimize risk management is vital for the success and survival of all firms.
This webinar is about how the top management can identify the largest business risks as well as monitor them. We will discuss ways in which the largest risks (both financial non-financial) can be controlled and mitigated. In short the training will deal with how the risk management function can be transformed from a pure cost center into a profit center that provides the company with added value. Attendees will learn how risk management can even be used to reduce large potential loss of goodwill in the media and among the people (e.g. the recent BP oil spill accident).
You will also learn to analyze the costs and benefits of various risk management initiatives by defining Key Risk Indicators (KRIs). We will discuss how to report the largest risks to the board and how to design a framework for your companyâ€™s overall risk management policy. This webinar will be invaluable for current and potential top managers.
Areas Covered in the Seminar:
Dealing effectively with financial risks.
Identifying non financial risks.
Implementing risk mitigation strategies.
Measuring the changes in the firms overall risk profile.
Reporting of risk management.
Identifying Key Risk Indicators.
Note: Use this promocode(117660) for 10% discount.