Course Access:
30-day course access from
date of purchase
Time:
Self-study, self-paced
Instructor:
Horst Simon, Risk Culture Builder
Capricorn Group
Length/Duration:
~ 1 hour
| About This Course |
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This course challenges traditional risk management approaches that focus solely on processes and historical data. It advocates for a paradigm shift towards effective risk management by aligning risk practices with organizational purpose and strategic objectives. Participants gain a deeper understanding of globally accepted risk management frameworks and practices, exploring concepts such as situational awareness, mental simulation, naturalistic decision-making, and risk response execution. Through real-world case studies and practical exercises, attendees learn how to move beyond backward-looking risk assessments and adopt a forward-thinking approach to risk management. By integrating risk management into strategic decision-making processes, organizations can identify and capitalize on opportunities, manage threats, and build sustainable competitive advantage.
Course Learning Objectives
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Examine the shortcomings of traditional risk management
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Explore the constraints of resistance to change
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Investigate the need and importance of change
- Outline the strategy and actions needed to change
Coming Soon!
This is the third in a series of four (4) risk culture building courses. Be on the lookout for our future releases. Take all four courses and earn a badge!
- The Future is Here: The Radical Risk Management Process
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| Outline |
| Lesson |
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Topic |
| Lesson 1 |
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Understanding the Limitations of Process-Oriented Risk Management
- Exploring globally accepted risk management frameworks and practices
- Recognizing the limitations of a process-focused approach
- Identifying the challenges in achieving effective risk management through traditional methods
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| Lesson 2 |
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Overcoming Barriers to Change
- Understanding the impact of leadership's traditional functional mindset on risk management
- Addressing the barriers that hinder the shift towards effective risk management
- Exploring strategies to foster a culture of change and innovation
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| Lesson 3 |
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Embracing a Forward-Looking Approacht
- Introducing the concept of effective risk management
- Shifting from reactive risk mitigation to proactive risk management
- Emphasizing the importance of exploiting positive risks and capitalizing on opportunities
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| Lesson 4 |
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Embracing the Future of Risk Management
- Navigating the age of disruption and uncertainty
- Embracing innovation and adaptation in risk management
- Positioning the organization for long-term success through effective risk management
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| Who Should Attend |
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This is a course designed for:
- Risk management leaders
- Directors
- Business executives
- Chief Risk Officers
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| About Our Expert |
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Horst Simon has been in commercial banking and the risk management consultancy industries for more than four decades. After a career of almost 25 years in Southern Africa, Horst started his work in the Middle East in 2005 at (the now) Emirates NBD Group, where he was tasked with building an Operational Risk Management function for the Group. He held previous operational risk and banking operations positions with Barclays Bank plc and with the Standard Bank Group of South-Africa Ltd.
Since 2010, Horst has been a Risk Management Consultant and Trainer and associated with leading global players in the field of Risk Management Consultancy and Training as well as Business Process Outsourcing. Most recently; he was a full-time Director-Trainer with Moody’s Analytics where he delivered Non-Financial Risk Management Training and co-developed an Operational Risk Leadership training program for a large Global bank.
Horst built an on-line Risk Culture Maturity Assessment tool with a leading UK Consultancy and the next year he contributed to the Institute of Risk Management’s Guidance Papers on Risk Culture. His special interest is in the field of People Risk and he has delivered many risk management training workshops in Africa, Asia, and the GCC. He also regularly presents at international conferences on the Mitigation of People Risk, Risk Culture Building and other enterprise risk management topics. He owns two professional groups on Linked-In and runs a virtual community on “The Future of Risk Management” at the Madinah Institute for Leadership and Entrepreneurship.
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| Continued Risk Learning Credits: 1 |
PRMIA Continued Risk Learning (CRL) programs provide you with the opportunity to formally recognize your professional development, documenting your evolution as a risk professional. Employers can see that you are not static, making you a highly valued, dynamic, and desirable employee. The CRL program is open to all Contributing, Sustaining, and Risk Leader members, providing a convenient and easily accessible way to submit, manage, track and document your activities online through the PRMIA CRL Center. To request CRL credits, please email [email protected].
| Registration |
| Membership Type |
Price |
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| Members |
$ 169.00 |
| Non Members |
$ 199.00 |
Access
Course launches May 15, 2024. 30 day course access begins May 15 or date of purchase, whichever is later. Please complete the course within that time period.
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Support
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