Fundamentals of ERM for 21st Century Public

Sector Organizations

Introduction

Modern organizations are continuously evolving and the environment in which they operate is

becoming more dynamic; hence risk management is increasingly taking a center stage. Globally

the underlying assumptions are continually being challenged, the business environment is

becoming more competitive, and sensitive. Furthermore, stakeholders are progressively

demanding responsible activities from governments and business.

Hence, not only do the organizations take risk management as a compliance requirement, which

it surely is, but they also understand that pursuing formal risk management initiatives in

corporate governance, strategy, finance, IT and other operations will increase their

organizational value, protect organizational and individual integrity and ensure long term

sustainability.

KEYDIMENSIONS, managing risks to improve quality and performance.

Workshop Overview

This workshop provides a complete practical understanding of risk management from cradle to

grave and can be applied in any organization with a biased focus in public sector organizations.

With the advancements in tools and techniques as well as changes in legislation, the workshop

can be used as a refresher to experienced practicing risk officers as well as new risk

practitioners.

Workshop Objectives:

• Understand the purpose, applicability and background

of the risk management in the public sector

• Align risk management with organizational planning,

budgets and performance reporting

• Design and implement a risk management program

consistent with legislation and best practice

• Facilitate maturity of the risk management program in

the organization

• Develop skills and confidence to sponsor organizational wide buy -in into the risk

management process

• Develop appropriate reports to management and oversight structures

• Gain confidence to facilitate risk assessments and risk discussions with management

and oversight. Be a “go-to-person” in the organization.

• Integrate risk management into business activities

• Motivate for resources to implement risk management program

• Involve all stakeholders in the risk management program

• Master ERM in the 21st century public sector organization

Who should attend?

• Practicing risk managers and risk champions requiring a refresher and new

techniques in risk management

• Risk owners and task owners

• Compliance, performance and those officials responsible for anti-fraud and

corruption programmes

• Executives, heads of departments and Board members

• Auditors, accountants, consultants and project managers

• Anyone wishing to enter risk management profession

• Students studying towards risk management and related courses at tertiary

institutions

Duration of the Workshop: 3 days

Register now!!!!Limited spaces

Business Partnering- Integrating risk into Business Operations

Introduction

The aim of the workshop is to enable participants to embed risk management into business operations by understanding the areas that may be targeted as well as appropriate tools and techniques for integration

Although risk management is an independent process, transformational organizations maximize its benefits by applying its principles and process to compliment and support the existing business operations, quality practices, legal requirements, standards, and guidelines. Because of this partnership, risk management may support and inform practical decisions when integrated into other operational systems and processes. This partnering, if effectively implemented and managed will result in increased value for the organization, improved quality of the operations and improved performance of the organization as a whole.

Workshop Objectives

Enable participants to understand practical methods and principles of integrating risk management into operations

Understand how to utilize the risk management process to effectively embed risk management at operations

Understand role of risk management as an integral part of integrated quality management

Develop appropriate skill to be classified as a “go-to person” for business solutions

Learn how to support business to develop, document and implement guidelines to integrate risk management into their operations

Support auditing and inspections to define the frequency and scope of audits, both internal and external by taking into consideration critical factors. Understand those factors

Learn how to select, evaluate and interpret trend results of data to assist periodic risk reviews

Utilize risk management knowledge and information to engage in change management initiatives

Facilitate continual improvement in processes and change organization from “fire –fighter to fire-preventer”

Understand and apply risk management as part of Supply Chain Management including assessment and evaluation of suppliers and contract, starting materials, storage, logistics, distribution and disposal conditions

Workshop Overview:

The aim of the workshop is to enable participants to embed risk management into business operations by understanding the areas that may be targeted as well as appropriate tools and techniques for integration.

The training programme aims to be interactive and provides delegates with practical tools for immediate implementation. To this end case studies, facilitator knowledge and experience as well as group discussion will be important to make this session successful.

Participants will be required to attend all the entire workshop sessions in order to receive the programme certificate of completion.

Who should attend?

Practicing risk managers and risk champions requiring a refresher and new techniques in

risk management

Compliance, performance, loss control and anti-fraud and corruption program drivers

Executives and heads of departments and Board members

Auditors, accountants, consultants, business unit managers and project managers

Risk champions

Anyone wishing to enter risk management profession

Students studying towards risk management and related courses at tertiary institutions

Workshop duration: 2 days

Register now!!!!Limited spaces

Risk Management for SMMEs

Introduction

Economies of the world are experiencing serious challenges of slow growth and dwindling

employment opportunities. In developing economies in particular, the triple challenge of

poverty, unemployment and inequity is escalating; hence governments have identifies growing

SMMES as an important solution. Radical policy shifts coupled with growth in SMME

investments are indication of the importance of SMMEs as key drivers of economic growth and

job creation. To reap full benefits of such investments, the systems of effective governance and

risk management should be adopted at early stages of SMME business development and be

consistently embedded as a business culture.

SMMEs and individuals should understand that pursuing formal risk management initiatives as

an important part of their business strategy will increase their business value, protect the

business and individual integrity and ensure long term sustainability even in times of adversity.

KEYDIMENSIONS, managing risks to improve quality and performance.

Workshop Overview

This workshop provides a complete practical understanding of the benefits of risk management;

its concepts, principles and application for SMMEs and individuals. The workshop is a one stop

shop for the solutions to creating SMME and entrepreneurial organizations that seek to

minimise risks, capitalise opportunities as well as increase and sustain business performance.

With the advancements in tools and techniques for risk management, the workshop can be

used as a refresher to experienced practicing business people as well as business advisors.

Workshop Objectives:

Build confidence in achieving successful SMME growth and sustainability through an

integrated study of business acumen, risk management and focus on quality

Understand risk management, its concepts, benefits, process and principles

Identify common risks associated with SMMEs and develop strategies to mitigate them

Gathering and analysing critical information about causes and consequences of risks for

SMMEs

Develop, evaluate, implement and monitor SMME risk management plan

Identify common warning signs of risks for SMME

Gain understanding of financial risk literacy as an important SMME risk management

tool

Who should attend?

• Business owners and those intending to develop risk management skill for personal

development

• Practicing risk managers and risk champions who support SMMEs

• Business Advisors

• Executives , heads of departments and Board members involved with Economic

Development

• Auditors, accountants, consultants and project managers

• Anyone wishing to enter risk management profession

• Students studying towards risk management and entrepreneurship at tertiary

institutions

Duration of the Workshop: 2 days

Register now!!!!Limited spaces

Risk and Compliance- Doing the right things,

the risk way

Workshop Overview

This workshop will assist organizations to adopt effective compliance risk management processes that meet overall compliance requirements and protect the organizations from loss or damage. Compliance risk management may improve the way the business operates, enhance relationships with stakeholders and provide for sustainable business.

Our training equips both industry and regulatory personnel in compliance risk management processes for greater understanding of compliant decision-making processes and builds confidence in business outcomes. Compliance risk management should be documented appropriately and integrated into strategic and business g operations

KEYDIMENSIONS, managing risks towards integrity and reputation.

Workshop Objectives:

1. Understand the concept of compliance risk management, its background and applicability

2. Understanding compliance risk management within the broader risk management strategy

3. Establish the relationship of compliance risk with other major risk categories

4. Streamline the focus of compliance risk management in the organization

5. Develop framework for compliance risk management

6. Develop compliance risk management plans (CRMP)

7. Monitor and report implementation of CRPM

8. Monitor organizational compliance- the risk management way

Who should attend?

• Chief Risk Officers, Compliance Officers, Legal Practitioners, Risk Managers • Risk practitioners, risk champions, risk owners and task owners • Performance management, loss control, anti-fraud and corruption program practitioners

and managers • Executives , heads of departments and Board members • Auditors, accountants, consultants and project managers • Anyone wishing to enter risk and compliance management profession • Students studying towards risk management and related courses at tertiary institutions

Course Outline

Duration of the Workshop: 1 day

Register now!!!!Limited spaces

Risk Governance Training Program for A High-

Performance Board and Executive Team

An introduction

Modern organizations are continuously evolving and the environment in which they operate is becoming more dynamic; hence risk management is increasingly taking a centre stage. Globally the underlying assumptions are continually being challenged, the business environment is becoming more competitive and stakeholders are progressively demanding responsible activities from governments and business. Boards are continually being challenged for the decisions they take and the risks those decisions expose the organization and society into.

Hence, not only do the organizations take risk management as a compliance requirement, which it surely is, but they also understand that pursuing formal risk management initiatives in, corporate governance, strategy and operations will increase their organizational value, retain stakeholder confidence, protect company and professional integrity and ensure long term sustainability.

KEYDIMENSIONS, managing risks to improve quality and performance.

Workshop Objectives

Enable Boards and Councils to effectively discharge their oversight roles and responsibilities over risk and related matters

Obtain deeper understanding of enterprise risk management and risk governance and how these link to the organizational strategy

Practically apply the understanding of principles of risk management and governance to own organization

Provide leadership to effective strategic risk assessment and risk management. What does quality mean in risk management?

Understand what every report means to the risk profile. What are fundamental risks and flaws in a report

Understand different categories of risks facing an organization and their impacts.

Setting the risk appetite and risk tolerance for the management of risks

Business Continuity- What will happen if critical processes fail?

Workshop Overview:

The aim of the training is to enhance the knowledge of Board of Directors, Councillors, Executive Management and Committees to enable them to discharge their duties effectively and confidently. The program enables participants to develop broad-spectrum insights into best risk management practices that improve coherence and resilience in business direction and strategy, drive corporate responsibility, improve organizational accountability and boost stakeholder confidence.

The training programme aims to be interactive and provides delegates with practical tools for immediate implementation. To this end case studies, facilitator knowledge and experience as well as group discussion will be important to make this session successful.

Participants will be required to attend all the entire workshop sessions in order to receive the programme certificate of completion.

Workshop duration: 1 day

Workshop outline:

Module Key focus areas

Corporate Governance in

Perspective

Principles of Corporate Governance

Why is corporate governance vital to South Africa?

Latest best practices to corporate governance

Corporate governance, strategy and performance

Crisis management and succession planning

Risk, corporate governance and compliance

Governance Framework and

Models

Exploring practical governance regulatory

frameworks including a view on King IV

An Integrated governance approach

The Stakeholder Focused Model

Boards drive ethical culture

Practical view on high performing Boards

King 111- The Boards is

responsible for total process

of Risk Management

The “ Tone at the top”

Risk Management- a key Board function- a strategic

imperative. Why?

Identify risks and leverage opportunities. Build

understanding of the risk process and isolate

strategic boards role in risk management

Beyond a compliant risk governance to effective risk

management process

A Model Risk Committee – What does this mean?

Collaborating Risk Management and Risk Committee

work for an effective Board

Risk maturity models

Business Continuity

Risk Appetite and Tolerance

Setting Risk Appetite

Understanding and Communicating risk appetite and

tolerance

Creating value with Risk Appetite and Risk Tolerance

Statements

Integrated Reporting and

Combined Assurance

Risk reporting. Has the risk profile changed?

Integrated reporting and Oversight role

Internal assurance providers

External assurance providers

CONTACT US

Nathi Mhlongo

Tel: 031 5632570

Register now!!!!Limited spaces