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2020/10/27
2020 Risk Based Combined Assurance Online Training -27 October

2020/10/28
2020 Risk Maturity Online Training - 28 October

2020/10/29 » 2020/10/30
2020 Risk & Strategy - Integrating tools and processes Online Training - 29 & 30 October

2020/11/05 » 2020/11/06
2020 Cyber Risk Management Online Training - 5 & 6 November

2020/11/10
2020 Risk Appetite & Tolerance - 10 November

Centre of Excellence - FAQs

Q: What does the acronym IRMSA CoE stand for?

A: The Institute of Risk Management South Africa’s Centre of Excellence.  The vision of this panel of experts are applied strategy, risk and resilience management and thought leadership for every risk professional and leader in enterprise.

Q: Why do I need to partner with IRMSA CoE?

A: Part of IRMSA’s strategy approved in 2016 was to create access for IRMSA’s individual and corporate members (and all other stakeholders) to expert risk management information, experience and thought leadership.

Q: What can I expect from the IRMSA CoE
A:

  •  We collaborate with risk professionals, business leaders in both the private and public sectors including small, medium and micro enterprise to transform risk management into a key component of excellent decision-making.
  • We deliver strategy, risk and resilience thought leadership, technical guidance and experience and bespoke advice to drive your organisation’s performance
  • The IRMSA Centre of Excellence offering includes insights, advice and coaching on how to design, implement and mature risk management in practise through our extensive strategy, risk and resilience knowledge and exposure in the following areas:
    • Design and implementation of risk management frameworks, policies, methodologies and processes
    • Design and implementation of risk appetite frameworks, linking risk tolerance to performance and supplementing the framework with key risk indicators allowing for predictive risk management capabilities
    • Design and roll-out of risk management operating models, reporting and performance monitoring as well as risk management information systems specifications to support bespoke user requirements
    • Risk culture and maturity assessments
    • Developing scenario building and systems-thinking capabilities
    • Strategic risk workshops
  • A national network of peers, experts and thought leaders to draw from, learn from and use as coaches to ensure sustainable learning and solutions. Also providing:
    • Strategy, risk and resilience industry roundtables
    • Technical library with social media based delivery methods (podcasts, vodcasts, webcasts etc.)
    • Code on strategy, risk and resilience supported by practice notes, templates and tools
    • Research on strategy, risk and resilience
    • Hands-on advisory and speaking opportunities

Q: How do I partner with the IRMSA CoE?

A: There are several interventions that you may follow to engage with the IRMSA CoE?

  1.  Set-up a coffee session with one of the panel members to discuss your challenges and opportunities, share ideas and innovations you may have or just to challenge or meet minds.
  2. Take up the corporate membership option that allows you access to the IRMSA CoE for 12 hours to be applied as you see fit.
  3. Engage IRMSA CoE directly requesting a proposal based on a scope of work provided by yourself.
  4. PS:IRMSA CoE does not participate in tender processes – this is further discussed later in FAQs

 

Q: Is there a cost involved working with the IRMSA CoE?
A:

  • We collaborate with risk professionals, business leaders in both the private and public sectors including small, medium and micro enterprise to transform risk management into a key component of excellent decision-making.
  • We deliver strategy, risk and resilience thought leadership, technical guidance and experience and bespoke advice to drive your organisation’s performance
  • The IRMSA Centre of Excellence offering includes insights, advice and coaching on how to design, implement and mature risk management in practise through our extensive strategy, risk and resilience knowledge and exposure in the following areas:
    • Design and implementation of risk management frameworks, policies, methodologies and processes
    • Design and implementation of risk appetite frameworks, linking risk tolerance to performance and supplementing the framework with key risk indicators allowing for predictive risk management capabilities
    • Design and roll-out of risk management operating models, reporting and performance monitoring as well as risk management information systems specifications to support bespoke user requirements
    • Risk culture and maturity assessments
    • Developing scenario building and systems-thinking capabilities
    • Strategic risk workshops
  • A national network of peers, experts and thought leaders to draw from, learn from and use as coaches to ensure sustainable learning and solutions.Also providing:
    • Strategy, risk and resilience industry roundtables
    • Technical library with social media based delivery methods (podcasts, vodcasts, webcasts etc.)
    • Code on strategy, risk and resilience supported by practice notes, templates and tools
    • Research on strategy, risk and resilience
    • Hands-on advisory and speaking opportunities

Q: Is IRMSA CoE a sole supplier?

A: IRMSA is the only SAQA recognised professional body for risk management in South Africa and on this basis we submit proposals on request.

Q: Why does the IRMSA CoE not participate in competitive tendering?

A: IRMSA partners with a host of stakeholders, sponsors and corporate members.  As a matter of fact in the recent past we have had non-members partnering and sponsoring of our initiatives.  As IRMSA is a non-profit organisation and therefore only interested in cost recovery, our rates will be super competitive in the open market.  The second reason is that IRMSA does not want to compete with our partners, sponsors and members.

Thus the only way that we will be able to work with you is if you follow any of the options shared in point 4 above

Q: How do I contact the IRMSA CoE?
A: Directly on the office line to either Lucia Khonjelwayo or Christopher Palm on 011 555 1800, Christopher Palm on 082 788 8642 or christopherp@irmsa.org.za, website on www.irmsa.org.za/RMCoE or e-mail us on centreofexcellence@irmsa.org.za.

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