Executive Introduction to Risk Culture and Risk Culture Building

This course provides sr. management and executives with a comprehensive understanding of risk culture and its importance in organizational success. Based on the four pillars developed by Horst Simon, participants will learn how to build and nurture a strong risk culture within their organizations. Through interactive discussions, case studies, and practical exercises, executives will gain the knowledge and tools necessary to foster a proactive and resilient risk culture.

 

 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
 

This course provides a comprehensive understanding of risk culture and its critical role in shaping organizational behavior and decision-making. By cultivating a strong risk culture, leaders can foster a proactive attitude towards risk, ensuring that risk management becomes embedded in the company's DNA. Through a case study and practical exercise, participants gain insights into building a risk-aware culture, establishing effective risk communication channels, and promoting risk consciousness at all levels of the organization. This course enables leaders to proactively identify, assess, and mitigate risks while promoting a culture of transparency, accountability, and resilience.

Course Learning Objectives

  • Examine the concept of risk culture building and the benefits of building an effective risk culture

  • Explore the pillars on which to build an effective risk culture

  • Practice the assessment and application of the concepts to form an action plan 

Coming Soon!

This is the first 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!

  • Process to Purpose: How to Change the Focus from Risk Management to the Effective Management of Risk
  • How to Assess the Level of Risk Culture Maturity in Your Organization
  • The Future is Here: The Radical Risk Management Process
   
Outline
 Lesson   Topic
 Lesson 1  

Introduction to Risk Culture

  • Understanding the concept of risk culture and its impact on organizational performance
  • Exploring the benefits of a strong risk culture for long-term success
  • Recognizing the role of executives in shaping and promoting risk culture
 Lesson 2  

The 4 Pillars of Risk Culture Building

  • Think differently
  • Get the whole picture
  • Build your risk intelligence system
  • Every employee is a risk manager 
 Lesson 3  

 Assessing and Strengthening Risk Culture

  • Techniques for assessing the current state of risk culture within an organzation
  • Identifying gaps and opportunities for improvement in each pillar
  • Developing a roadmap for strengthening risk culture based on organizational priorities


Who Should Attend

This is a course designed for:

  • Risk management leaders
  • Directors
  • Business executives
  • Chief Risk Officers 


About Our Expert

  
  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.



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
   
 Members $ 169.00
 Non Members $ 199.00

Access

Course launches October 3, 2023. 30 day course access begins October 3 or date of purchase, whichever is later. Please complete the course within that time period.

If this is your first time accessing the PRMIA website you will need to create a short user profile to register. Save on registration by becoming a member.

 

Register Now

 

Support

For technical issues regarding course access, contact [email protected]

PRMIA Digital Product Return Policy.

Thank you to our sponsors, including:


Questions?

Contact Us


Looking to further your career?

Become a Member

Sign Up for Mailing List