As the world is struggling to cope with the coronavirus crisis, the importance of risk management has risen to prominence. Crisis management is all about making the right decisions fast, despite the uncertainty. This session will cover an overview of risk management and establish the key issues needed to be addressed in a crisis situation. Part 2 will look at some ideas about how they may be tackled.

 

Learning Outcomes

  • Discuss - To relate and deliberate the new learnings
  • Summarise - To reflect and review the key learnings
  • Apply - To develop ways to integrate new learnings into the boardroom

 

Target Audience

  • Aspiring and New Directors
Virtual Classroom Format
Interactive Facilitated Learning
ICDM Virtual Classroom
14 May 2020
2:30 PM - 6:30 PM
Dr David Bobker
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Thursday | 14 May 2020 (Facilitator: Dr David Bobker)

Programme Outline:

What is a “crisis”?
Differences between management in a crisis and in “normal” times
Risk assessment as part of decision making under uncertainty
The Inverse Risk Logic approach to surviving the crisis

Some common risk areas to be considered:

  • IT/cyber risk
  • Management continuity
  • Cash flow/solvency

Speaker

DR DAVID BOBKER
DR DAVID BOBKER
ICDM Faculty MA, DPhil, ACA, FRM, DPhil Oxford University