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Enterprise Wide Risk Management
Available Online
The first upcoming dates or use "All Dates"

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PROGRAM OUTLINE for this 2 day course in English

Covid-19, climate change & the 4th industrial revolution highlight a world in transition with severe impacts on our business models and the need to be prepared. Move your organisation from crisis management to “Enterprise-wide risk management” today and be prepared for tomorrow's challenges.

The course and the learning outcome

Enterprise risk management (ERM) in business includes the methods and processes used by organisations to manage external and internal risks and seize opportunities related to the achievement of their objectives.

ERM provides a framework for risk management assessing them in terms of likelihood and magnitude of impact, determining a response strategy, and monitoring progress.

 

By identifying and proactively addressing risks and opportunities, business enterprises protect and create value for their stakeholders, including owners, employees, customers, regulators, and society overall. 

This 2 day-intensive and highly practical program will give you a thorough grounding in the methodologies behind enterprise-wide risk management. We learn:

 

  • The ERM framework of risk management and developing an appropriate structure
  • Understanding enterprise risk as an opportunity or threat
  • Overview of risk and types of risk
  • How to get started with ERM and how far do you want to go?
  • Learn the technique of risk identification techniques and scoring
  • Getting buy-in from the very top of the organisation
  • The techniques of risk assessment and risk monitoring tools
  • What do we mean by financial risk and the different types of risk?
  • Managing operational and infrastructure risk
  • The risk of strategy and the marketplace
  • Managing your reputation and hazard risk
  • How to initiate the project, the financing, and monitoring

 

How organisations respond today, using informed ERM mechanisms and scenario planning, can make a significant impact on continued viability, and can position your company favourably for the economic upturn.

Recommended background

Everyone in management and specifically in the finance world needs a firm understanding of risk. This risk management course is developed with the needs of the practitioners in mind and has been designed to cover fully and explain clearly the theory and practice of risk management.

Course format (Residential and Online)

  • Besides the course materials provided on the day, all course resources are available online, including audio and video material from industry experts.  A discussion forum is available allowing delegates to exchange ideas, reflect on learned issues, or raise questions in between training dates.
  • Practice-based learning and critical engagement is a key theme through all our courses allowing delegates to acquire the needed skills and techniques to be applied as soon as they are learned and developed.

Syllabus

Day 1:

 

Risk and the nature of risk

  • What is risk management
  • How to quantify risk
  • Expected versus unexpected loss
  • Risk transfer
  • External and internal risk drivers

 

The ERM framework for managing risk

  • The risk framework
  • Planning and designing
  • Implementing and benchmarking
  • Measuring and monitoring
  • Learning and reporting

 

The risk tools

  • The risk identification techniques
  • The risk assessment tools
  • The risk monitoring tools

 

Day 2:

 

Infrastructure risk

  • Analysing and defining external and internal risks in detail
  • External: Communications, Transport Links, Supply chain, Terrorism, Natural disasters, Pandemic
  • Internal: Recruitment, People skills, Health and safety, Historical Liabilities, Premises, IT Systems

 

Financial risk

  • Analysing and defining external and internal financial risks
  • External: Accounting Standards, Interest Rates Foreign Exchange, Funds and Credit
  • Internal: Internal Control, Fraud, Historical Liabilities, Investments, CAPEX Decisions, Liquidity and Cash Flow

 

Market place risk

  • Analysing and defining external and internal market risks
  • External: Economic, Technological Developments, Competition, Customer Demand, Regulatory Requirements
  • Internal: M&A Activity, R&D Activities, Intellectual Property

 

Reputational risk

  • Analysing and defining external and internal market risks
  • External: Product Recall, CSR, Public Perception, Competitor Behavior
  • Internal: Brand Extensions, Board Composition, Control environment

 

Tools to monitor the active risk

  • Setting up Databases
  • Risk Reporting

 

 

 

Participant feedback

  • It was excellent to have a lecturer with profound knowledge of the topic so that the level of discussion could go further than the simple basics of valuation.
  • Perfect for me. Exactly what I was looking for.
  • Thank you for the training, which was very clear and met my needs.
  • The course met my expectations and needs.
  • The training format and takeaways correspond to what I expected. Thanks for the good preparation

 

Learn the way that suits you most!



MEETING ROOM



ONLINE

1.  Small group sizes to ensure quality, debate & interaction (Max 15 People)
2.  Prime hotel locations
3.  Interact with the speakers & members
4.  Teamwork
5.  Access to our Online learning platform
6.  Use of whiteboard
7.  Share professional experience with other participants
8.  Network with participants
1.  Small group sizes to ensure quality, debate & interaction (Max 12 People)
2.  Via Zoom, Microsoft Teams or Cisco WebEx
3.  Interact with the speaker & members
4.  Virtual teamwork through breakout rooms
5.  Access to our Online learning platform
6.  Use of electronic whiteboard
7.  Share professional experience with other participants
8.  Network with participants
9.  Greater convenience at your office or home
10. Geographic flexibility - No travel needed

Course Lecturers



Kris Blommaert, MBA

Kris Blommaert has over 20 years of international experience in both finance and general management for local and European based organisations and businesses. He has been an associate lecturer at a triple accredited global business school for 10 years at MBA level. He has lectured "Managing Performance and Change" and "Management Perspectives and Practice" in Belgium, Switzerland and France.  


Dr. Johannes Hofinger, MBA, FRM

Dr. Johannes Hofinger is specialized in Risk Management, Basel III, IFRS and regulatory reporting. His professional skills are reinforced by strong academic roots. He lectures for global business schools in corporate finance, managerial accounting and financial reporting. The main roles undertaken are lecturing, consulting and project management.  


Kris De Clercq, MBA

Kris has lectured finance to managers for more than 25 years in Europe and Eastern Europe. His teaching as an associate for a UK based global business school included “Issues in International Finance and Investments”,” Corporate Finance” and “Issues in IFRS”. His industry experience is over 20 years working for asset managers, investment banks, global custodians in the UK, Luxembourg and Belgium. He received a universities award for innovation in finance teaching and learning.  


OUR INTERNATIONAL EXPERIENCE
Not convinced yet? Register to one of our "Free Online Open Event".
If none listed, request a seminar or personal talk


Books we studied for you



ERM - Enterprise Risk Management: Issues and Cases - Jean-Paul Louisot, Christopher Ketcham
ERM - Enterprise Risk Management: Issues and Cases - Jean-Paul Louisot, Christopher Ketcham

ERM - Enterprise Risk Management: Issues and Cases provides practical answers to these questions. This book contains interviews with senior risk management professionals from organizations that are in various stages of ERM implementation. It also includes case studies that provide the reader with insight on how to begin, maintain, and evaluate the effectiveness of an ERM programme. In addition to these case studies and interviews, the contributing authors provide suggested solutions to some of the problems that have vexed enterprise risk managers, including ethics, group dynamics, identifying and managing strategy, disturbances and business continuity, adequate and relevant data, risk to reputation, communication, and governance and compliance.  


Implementing Enterprise Risk Management: From Methods to Applications (Wiley Finance)
Implementing Enterprise Risk Management: From Methods to Applications (Wiley Finance)

Enterprise risk management (ERM) is a complex yet critical issue that all companies must deal with in the twenty-first century. Failure to properly manage risk continues to plague corporations around the world. ERM empowers risk professionals to balance risks with rewards and balance people with processes.  


Enterprise Risk Management Models - David L. Olson, Desheng Dash Wu
Enterprise Risk Management Models - David L. Olson, Desheng Dash Wu

This book offers a comprehensive guide to several aspects of risk, including information systems, disaster management, supply chain and disaster management perspectives. A major portion of the book is devoted to presenting a number of operations research models that have been (or could be) applied to enterprise supply risk management, especially from the supply chain perspective. Each chapter of this book can be used as a stand-alone module on a respective topic, with dedicated examples, definitions and discussion notes. This book comes at a time when the world is increasingly challenged by different forms of risk and how to manage them. Events of the 21st Century have made enterprise risk management even more critical. Risks such as suspicions surrounding top-management structures, financial and technology bubbles (especially since 2008), as well as the risk posed by terrorism, such as the 9/11 attacks in the U.S. as well as more recent events in France, Belgium, and other European countries, have a tremendous impact on many facets of business. Businesses, in fact, exist to cope with risk in their area of specialization.  




Companies who attended our courses


AG Insurance, Allianz Benelux, Argenta NV, AXA Belgium, Baloise Insurance, Banca Monte Paschi Belgio S.A., Bank De Groof, Banking Association (Kosovo), Belfius Investment Partners, BNP Paribas Fortis, Bpost Bank, Buy Way, CBC Bank, Cegeka, Celio Finance SPRL, Credendo, Delen Private Bank, Delta Lloyd Life, Deutsche Bank AG, DKV Belgium, Ethias SA, Euler Hermes Services, Euroclear Bank SA/NV, Euroclear Investments, Europ Assistance, European Investment Bank – EIB (Luxembourg), European Union – EDFIMC / ElectriFI, Flanders Investment & Trade, Gras Savoye Belgium, Incofin Investment Management, ING Bank België, KBC Bank, Mastercard, Ministry of European Integration (Kosovo), National Bank of Belgium, NN Insurance Belgium, Petercam, Record Bank, Société Générale Private Banking, SWIFT, The Royal Bank of Scotland (RBS), Triodos Bank, VGD International – Audit & Tax, Wolters Kluwer Financial Services, Zurich Insurance plc, Belgium branch, Vanbreda International
 
Afton Chemical SPRL, Air Liquide, Allnex Belgium SA/NV, ANL Plastics, Ansell, ARC Europe SA, Arcelor Mittal (Belgium & Luxembourg), Axalta Coating Systems, BASF Antwerpen, BASF Belgium Coordination Center, Beaulieu International Group, Bekaert, Borealis Polymers NV, Bridgestone Europe SA, CNH Industrial Belgium NV, Cofely Fabricom, Cytec Belgium, DOMO Chemicals (Germany), Donaldson, Dow Corning, Electrolux Appliances AB, Engineered Pressure Systems International, European Owens Corning Fiberglas, Fost Plus, GDF Suez, Griffith Foods, Hamon & Cie, Heraeus Electro-Nite International NV, Jacobs Belgium, KODAK SA/NV, Milliken Europe, Niko Group, NXP Semiconductors (Netherlands), SOLVAY, SPX Cooling Technologies, Synventive Molding Solutions (Germany), TERUMO EUROPE, Tessenderlo, Vinçotte International, VPK Packaging Group NV, WABCO, Yara Belgium NV
 
Antwerp World Diamond Centre, AVEVE Biochem NV, Carrefour Belgium, Delhaize Corporate Group, Godiva, IKEA

Abbott Logistics B.V. (Netherlands), AbbVie (Canada), Agfa HealthCare NV, Alcon, Alcon-Couvreur, Amplifon, AZ Sint-Blasius, Baxter International (Austria), Catalent Pharma Solutions, CinnaGen (Tehran), Datwyler Pharma Packaging International, Groep OZ ESV, Hologic, Landelijke Christelijke mutualiteit (LCM), Mutualités Libres: MLOZ, Novartis Pharma, SA Bristol-Myers Squibb Belgium NV, Stryker (Netherlands), Terumo BCT Europe NV, UCB, Zorgbedrijf Antwerpen
 
AW Europe, Belgacom, Belgian Nuclear Research Centre (SCK-CEN), CISCO, Corelio Printing, De Persgroep Publishing nv, EDF Luminus, Elia System Operator, Engie Electrabel NV/SA, Eni Gas & power, Fluxys Belgium, INFRABEL, Itineris NV, KEYRUS, M-Team, NRB, ORANGE, Proximus, Siemens, Telenet
 
Agentschap Innoveren en Ondernemen, Europees Parlement, Ministry of European Integration, National Agency for Protection of Personal Data, Nationale Loterij, SD Diensten NV (SD Worx), SESAR Joint Undertaking, Stad Antwerpen, Stadsbestuur Harelbeke, Syntra Brussel, UGent – FBW, Vrije Universiteit Brussel (VUB)
 
Acturus sprl, ARC Europe, BDO, BIA Africa, Bia Overseas, Brooser BE Operations, Capgemini, Cipal Schaubroeck, Compass-Group, Computacenter, Computer Task Group, Deloitte Accountancy, Egemin International, Enhesa International, FIS (former Clear2Pay), Interel Group, K&L Gates, Matexi NV, Minds&More, Pricewaterhouse Coopers, PwC Tax Consultants, Securex, Toreon, Vinçotte International sa
 
Alcopa, Alstom Belgium, ARC Europe, Brussels Airport Company, De Lijn, D'Ieteren Auto, EUROCONTROL, Gemeentelijk Havenbedrijf Antwerpen, Globachem nv, GSC Greensea Chartering, HONDA Motor Logistics, JBT, Neovia Logistics, NMBS, PSA Antwerp nv, Seatrade Reefer Chartering, Thalys International, Trimble T&L, Volkswagen Group Services, Wallenius Wilhelmsen Logistics Zeebrugge NV, Westlandia, Witzenmann Benelux nv

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 Kris De Clercq
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