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Enterprise Risk Management: A Driver for Organizational Success

Course Description

Print-friendly Course Description and Outline

ERM is not a process, a tool, a department, or a list of risks – it is how an organization makes better business decisions. COSO recently updated the ERM Framework with increased emphasis on recognition that risk management is fundamental for an organization to align its actions with its strategy.

At the same time, ISO is nearly finished updating its standard 31000. With the advent of these two significant updates, it is time to reconsider the foundations of risk and risk management. Every organization is in the “risk management” business as managing risk is part of nearly everything an organization does.

This course unpacks the theory behind ERM with group activities and real-world scenarios to help you apply the concepts of risk management.

This course is designed for internal auditors with at least 3 years of experience who are involved in the ERM process, as well as managers and other professionals who deal with the complexities of ERM.

Course Objectives

  • Define enterprise risk management and the nature of risk.
  • Identify the relationship between enterprise risk management and strategy and objective setting.
  • Learn how to identify, assess, prioritize, and respond to risks.
  • Learn how to leverage information and technology to communicate risk information and report on risk and performance.
  • Understand the importance of board risk oversight, establishing operating structures, and defining a culture that aligns with enterprise risk management integration and strategy and business objectives.
  • Understand the importance of demonstrating commitment to core values and attracting, developing, and retaining capable Individuals in alignment with strategy and business objectives.
  • Identify methods for assessing changes, reviewing risk and performance, and improving enterprise risk management.
Course Duration: 2 day(s)
CPEs Available: 16
Knowledge Level: Intermediate
Field of Study: Business Management and Organization
Prerequisites: 
​Participants should have at least 3 years of experience in internal audit and be involved in the ERM process.
Advance Preparation: 
​None
Delivery Method: eLearning (Group-Internet-Based); On-site Training (Group-Live); Seminar (Group-Live)
  • ​Enterprise Risk Management – A Mindset
  • Alignment with Strategy, Objectives, and Performance
  • Formulating Business Objectives
  • Application at Levels
  • The Nature of Risk and Decision-Making
  • The COSO ERM Framework

​Most courses can be delivered through on-site training. You might be surprised that the organization leading the profession is just as committed to the delivery of affordable training.

Contact us by calling +1-407-937-1388 or send an email to GetTraining@theiia.org.

LocationsDates
Micro Tek Training Facility - Chicago
Chicago, IL
Details and pricing
August 7-8,
2018
Omni Parker House
Boston, MA
Details and pricing
August 21-22,
2018
eLearning
eSeminar
Details and pricing
August 21-30,
2018
Micro Tek Training Facility - Chicago
Chicago, IL
Details and pricing
October 4-5,
2018
Micro Tek Training Facility - Washington, DC
Washington, DC
Details and pricing
October 16-17,
2018
eLearning
eSeminar
Details and pricing
November 7-16,
2018