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Managing Risk Management - 25 August 2014
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Inherent to the management of risk is the unstated assumption that the organisation wants to continuously improve their risk management capability. To do that, they need to understand their current risk management competency level. In business speak it is known as (Risk) maturity.

2014/08/25
When: 2014/08/25
07:30 AM
Where: IRMSA Offices
144 Katherine Street, Grayston Ridge Office Park
Block A, First Floor, Sandton
Johannesburg, Gauteng 
South Africa
Presenter: Whitey van der Linde
Contact: Kobus de Wet
011 555 1800


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The purpose of this training is to develop risk management professionals that can demonstrate focused knowledge, skills methods, standards and techniques to manage risk management. Part of the management of risk management is continuous improvement, and reviewing of the risk management value creation process. In order to continuously improve the organisation’s risk management capability the following outcomes need to be achieved:

  •      What does our risk management capability look like (measuring of the critical elements)
  •      What and where do we want to improve (risk management enablers and results)
  •      How do we report on our risk management capability (maturity).

 

Inherent to the management of risk is the unstated assumption that the organisation wants to continuously improve their risk management capability. To do that, they need to understand their current risk management competency level. In business speak it is known as (Risk) maturity. This framework is based on the EFQM’s (European Foundation of Quality Management) Business Excellence Model (BEM). The BEM also serves as the foundation for UK’s development of the Risk Management Assessment Framework (RMAF) that serves as a tool for departments to manage and develop their risk management business process.

 

Attending the Management of Risk Management Training will provide those organisations that use risk management as a business enabler and not just a compliance issue; with the capability to continuously improve their risk management capability.

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