Corporate Risk Mapping for Strategic & Operational Planning

Identify and Assess Risks to Optimize and Leverage on Opportunities

Modern corporations, whether small or big, are far more complex than they appear to be at first glance. The interaction of many forces - social, cultural, political, financial, environmental, and legal - form a landscape or topography of the organization which defies easy definition. There are risks regardless of whatever path and activities are pursued. But the key question Is: "How can I gain that perspective that allows me to confidently make major decisions while maintaining proper balance between opportunity and risk?'

A company is a collection of combination of resources and business processes for activities that create value for you and your customers. Regardless of Industry or sector, any risks that can affect the value creation should be identified and dealt with. The company that manages its risks more efficiently than its rivals has a distinct competitive advantage. One technique that has proven most effective in providing this desired perspective is the creation and utilization of a risk mapping and profiling model.

Such mapping involves functions - activities, tasks, things done, or work performed - that occur within the corporation being described in a "map" or sequential format which provides directional flow. Its corporate interconnectedness - from 'womb to tomb" -- It enables top management to view the corporation holistically and systematically in much the same manner as that employed In a wartime "Situation Room." This interactive workshop will present a methodology that will help you to create a "Situation Room" in your company.

Course Outline
* The organization as a system. Understand how risks Interact in a system
* Understand how risks affect the value creation process
* "Systems thinking" approach to risk management
* Effective methodologies and tools for Identification and analysis of Risks
* Utilize a comprehensive risk mapping "tool kit"
* Set the "Situation Room" to visualize the dynamic risk profile of your organization