Enterprise Risk Management: Essentials for Financial and Non-Financial Managers

It’s not the strongest of the species that survive, nor the most intelligent, but those that are the most responsive to change.

— Charles Darwin

Risk is a fact of business life. Taking and managing risk is part of what companies must do to create profits and shareholder value. However, the global financial crisis and the numerous corporate meltdowns suggest that many companies neither fully understand the risks that they get exposed to nor manage them well.

That is now changing. Companies around the world are investing in building up robust ERM systems that can identify key vulnerabilities. Integrated risk management has now become one of the top concerns with boards, regulators, investors, and rating agencies.

This program breaks down the silos of market, credit and operational risks. It takes you through the process of Enterprise Wide Risk Management (ERM), which brings together all these risks into a common paradigm and a single analytical framework. ERM is now the global best practice standard for risk management, not just an innovative concept. This program takes you through the corporate governance issues tied to the implementation of ERM systems, the resulting role of the Chief Risk Officer (CRO), and the links to value creation.


Learning Outcomes

As a result of attending this program, participants will:

Who Should Attend

Participants will include:

This program does not assume any specific knowledge in finance. This program also provides a largely non-quantitative overview of concepts, so high-level math skills are not required.