- Sign up as a group to enjoy 2.5% bulk discount for a group of three (3) or more and 5.0% for a group of 5 and above. Email marketing@icdm.com.my for more information.
- Returning participants are entitled for an additional 2.5% discount. Please contact development@icdm.com.my to request for the promo code.
All applicable to standard registrations and ICDM individual members only.*This programme was previously available in-person and virtually. However, due to the rise of Covid-19 cases and the Conditional Movement Control Order implemented for Kuala Lumpur, Selangor and Putrajaya, starting from 14 October 2020 to 27 October 2020, we will be running this programme virtually only. This programme lays out the fundamental concepts of risk management for the committee members, looking at core principles related to risk and how these align to overall strategic business objectives. This includes analysis of enterprise risk and Internal Control Frameworks, understanding of your organisations approach to risk culture and conduct risk, and how these ties into improved principled performance. We will explore the composition and structure of the Risk Management Committee (RMC), and the relation between the RMC and corporate governance and values. Using the risk-based approach, the session will examine ways to deploy risk resources more effectively and efficiently, minimising uncertainty on objectives, and providing greater assurance to the RMC.
Learning Outcomes
- Explain the principles and rationale behind Strategic Risk Management in the pursuit of achieving business objectives
- Recognise the elements encompassing the risk universe and the approaches to minimise uncertainties
- Analyse the Enterprise Risk Management (ERM) and COSO (Committee of Sponsoring Organizations of the Treadway Commission) Frameworks, the risk culture and conduct risk, and the risk technology
- Demonstrate the role of RMC in driving oversight of risk management, including appropriate mechanism to ensure adherence to risk principles
- Discuss on the cultural understanding of risk in organisations and how to structure the RMC to achieve the most positively desired strategic outcomes
Target Audience
- New corporate directors
- Risk Management Committee Members
| Monday | 19 October 2020 | |
|---|---|
| 8.30am - 9.00am | Registration |
| 9.00am - 10.30am | Risk Management and the Evolution of Risk Management Thinking - Risk Management Failures- case studies: Hyflux and Toshiba |
| 10.30am - 11.00am | Networking Break |
| 11.00am - 12.30pm | Enterprise Risk Management - A Focused Framework in Strategic Setting |
| 12.30pm - 1.30pm | Networking Lunch |
| 1.30pm - 3.00pm | Enterprise Risk Management – A Focused Framework in Strategic Setting (continuation) |
| 3.00pm - 3.30pm | Networking Break |
| 3.30pm - 5.00pm | The Role of Risk in Strategy Selection: From Instrument to Strategy |
| 5.00pm | End of Day One |
| Tuesday | 20 October 2020 | |
|---|---|
| 8.30am - 9.00am | Registration |
| 9:00 am – 10:30 am | The Role of Risk in Strategy Selection: From Instrument to Strategy (continuation) |
| 10:30 am – 11:00 am | Networking Break |
| 11:00 am – 12:30 pm | The Role of Risk in Strategy Selection: From Instrument to Strategy (continuation) |
| 12:30 pm – 1:30 pm | Networking Lunch |
| 1:30 pm – 3:00 pm | Looking into the Future Case studies : Boeing, Volkswagen, GSK |
| 3:00 pm – 3:30 pm | Networking Break |
| 3:30 pm – 5:00 pm | Looking into the Future Group discussion on Carillion UK corporate failure |
| 5.00pm | End of Programme |
ICDM reserves the right to alter the content and timing of the programme as it deems fit and is not responsible for cancellations due to unforeseen circumstances.
Physical classroom address: ICDM Training Room, Level 9, Mercu 2, KL Eco City
Speaker
