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Foundation Degree Business Improvement Techniques

West Nottinghamshire College

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Course Description

Overview 'Risk Management' has become the cornerstone of modern business practice in both the private and public sectors. Many companies are struggling, however, in a pressured business environment, to design and implement effective Business Risk Management (BRM) processes. These courses provide a practical introduction to BRM for all levels of management. They're simply about how to make risk management an effective business tool. From Board members to business unit managers, the courses provide a 'real world' overview of BRM tools and techniques whilst providing practical sessions that give experience of risk identification, risk evaluation and risk control action planning. The courses, where appropriate, also examine the kinds of structures and processes necessary to enable any organisation to implement an effective BRM strategy in the context of continued profitability and/or effective service delivery. The training is available either as a short briefing session, as a training seminar or as a tailored practical workshop - or in any tailored combination to best suit your specific needs. In its 2-day form, the course is accredited by the Institute of Risk Management (IRM). Outline Programme - to be tailored to local requirements ? Evolution of risk management ? The corporate, national & global scenes ? Corporate governance ? Impact on corporate business risk management in the private sector ? Relevance to the public sector ? Theory and principles of business risk management ? Components of risk management ? Concepts of upside and downside risk ? The IRM, AIRMIC, ALARM RM Standard ? Risk perception, 'thinking outside the box' ? Attitudes to Risk ? Issues in risk aversion and risk taking ? Principles, Tools and Techniques ? Risk Identification ? Risk Evaluation - multi-level assessment ? Quality assurance ? Risk Treatment strategies ? Avoidance, transfer, retention, reduction ? Risk Financing ? The role of Business Continuity/Emergency Planning ? Organising for effective Business Risk Communication ? Managing specific business risks ? Business Risk Management Structures ? Where do we go from here - ACTION PLANNING

Overview 'Risk Management' has become the cornerstone of modern business practice in both the private and public sectors. Many companies are struggling, however, in a pressured business environment, to design and implement effective Business Risk Management (BRM) processes. These courses provide a practical introduction to BRM for all levels of management. They're simply about how to make risk...

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