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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In an era of constant disruption and uncertainty, organizations need to embrace innovative risk management approaches. This course introduces participants to the Radical Risk Management Process, developed by Horst Simon, which focuses on four key components: situational awareness, mental simulation, naturalistic decision-making, and risk response execution. Participants explore how these components enable proactive risk identification, evaluation, and response in dynamic business environments. Through practical simulations, interactive discussions, and case studies, attendees learn to leverage advanced risk management techniques to navigate complex risks and seize opportunities. This course empowers organizations to build risk intelligence, establish a risk nervous system, and develop the competencies and skills necessary to thrive in the face of uncertainty.
Course Learning Objectives
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Transform your Risk Management thinking
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Explore the concept of Radical Risk Management
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Adapt the process for use in your organisation
Series Complete!
This is the fourth in a series of four (4) risk culture building courses. Take all four courses and earn a badge!
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| Outline |
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Topic |
| Lesson 1 |
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Introduction to Radical Risk Management
- Understanding the need for a radical approach to risk management
- Exploring the components of the Radical Risk Management Process
- Identifying the benefits and implications of adopting a radical risk management mindset
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| Lesson 2 |
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The 4 Steps of Radical Risk Management and the information requirements
- Situational Awareness
- Mental Simulation
- Naturalistic Decision-making
- Risk Response Execution
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| Lesson 3 |
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Integration and Application
- Integrating the components of the Radical Risk Management Process into a cohesive approach
- Applying the process to real-world scenarios and case studies
- Evaluating the effectiveness of the Radical Risk Management Process and identifying areas for improvement
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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 June 15, 2024. 30 day course access begins June 15 or date of purchase, whichever is later. Please complete the course within that time period.
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