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Risk Management by Design Workshop

2016-03-16

Blueprint for an Effective, Efficient & Agile Risk Management Program

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This workshop is for risk management practitioners within their organizations, solution providers and professional service firms are not allowed to register except by special invite of the sponsor. This $499 value includes a networking breakfast and lunch, and up to eight continuity education credit hours in a certificate to be submitted by the attendee for CPEs to the association(s) of their choice.

Managing risk is one of the most challenging endeavors of modern business. The way most organizations approach risk management is often ineffective and inefficient. Some attempt to manage risk in silos and fail to see the big picture. Others try to impose a one-size-fit-all strategy across the enterprise that fails to account for the complexities and intricacies of organizations.

The effective, efficient and agile approach to risk management is one that is integrated into a company’s overall strategy and operations, and supported by integrated risk information architecture that provides 360-degree situational awareness.

Risk Management by Design is a one-day workshop that will provide a blueprint on effective risk management strategies in a dynamic business environment. Attendees will learn risk management strategies and techniques for enterprise-level and departmental initiatives. Through lectures, discussion with peers, and applicable exercises, attendees will gain a better understanding of:

  • Risk in the context of business performance, strategy, objectives, culture, and values.
  • How risk management processes flow out of the business strategy and integrates into its overall operations.
  • Defining an information architecture that enables risk strategy and processes by providing 360° situational awareness of risk in context of business strategy and operations
  • The necessary technology components needed to bring together diverse and distributed risk management roles.

Part 1

What is Risk? Understanding Risk in the Context of the Organization

  • Different views of risk throughout the organization
  • Who owns risk?
  • Understanding risk and its role in business strategy, objectives, performances, and operations
  • Workshop Project & Discussion

Morning Break

Part 2

Federated Risk Management: Blueprint for Risk Management Collaboration and Strategy

  • Developing a risk committee (or herding cats), bringing together the range of risk roles in the organization
  • Defining a risk management charter
  • Developing a collaborative and enterprise view of risk
  • Workshop Project & Discussion

Lunch Break

Part 3

Risk Management Process Lifecycle: Integrated Processes to Identify, Analyze, Manage, and Communicate Risk

  • Risk identification – Collaborative process to identify risk from both the bottom and the top
  • Risk analysis – Understanding and contrasting risk assessment & analysis techniques
  • Risk management – Strategies to mitigate and reduce risk
  • Risk communication – Assign and manage risk ownership and accountability
  • Workshop Project & Discussion

Afternoon Break

Part 4

Risk Management Information & Technology Architecture: Providing an Integrated View of Risk to the Enterprise Without Losing Value to the Department

  • Developing a risk taxonomy and attributes of risk and risk ranking
  • Addressing risk normalization and aggregation for enterprise risk reporting
  • Monitoring risk in a changing environment
  • Technology capabilities and considerations to support risk management
  • Workshop Project & Discussion

Attendees will take back to their organization approaches to address:

  • Risk Management Strategy. Understand risk in the context of business performance, strategy, objectives as well as its culture and values.
  • Risk Management Processes. Flowing from strategy are the risk management processes integrated into the organization and how it operates. Good risk management is done in the rhythm of the business.
  • Risk Management Information Architecture. Defining an information architecture that enables risk strategy and processes by providing 360° situational awareness of risk in context of business strategy and operations
  • Risk Management Technology Architecture. The necessary technology components needed to bring together diverse and distributed risk management roles and integrate risk management into the culture and operations of the organization.

Benefits to attendees:

  • Understand a top-down as well as a bottom-up approach to risk management
  • Implement risk management in the context of business strategy, process, and operations
  • Explore different risk management architecture models and how they apply to your organization
  • Discover various risk management techniques and how they apply to your business
  • Develop a risk information architecture that aligns with business operations and processes
  • Effectively communicate risk across your organizations

Who should attend?

  • Risk managers and officers responsible for leading and managing risk
  • Business managers whose job responsibilities include risk management and risk ownership
  • Executives and governance personnel who have to oversea risk
  • Audit personnel that use risk to drive audit plans and provide assurance on risk management
  • Security, health and safety, project management, compliance, and other personnel who are involved in risk management


rasmussenMichael Rasmussen – The GRC Pundit @ GRC 20/20 Research, Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of GRC strategy, process, information, and technology architectures and solutions. With 23+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architectures, and select solutions that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” — being the first to define and model the GRC market in February 2002 while at Forrester Research, Inc.

Screen Shot 2016-02-10 at 2.00.21 PMLockPath was created by GRC experts who recognized the need for intuitive GRC software that was flexible and scalable to serve ever-changing and expanding organizations.

In addition to the company’s founders, LockPath’s executive team comprises top industry professionals in the fields of software development, accounting and consulting, cybersecurity, financial services, market development and other industries. LockPath employs dozens of talented professionals and has several open positions.

LockPath serves a client base of global organizations ranging from small and midsize companies to Fortune 10 enterprises across industries. Along with their ecosystem of technology and channel partners, LockPath provides unparalleled customer satisfaction from initial project discovery discussions to ongoing customer support.

Venue

Loudermilk Center
40 Courtland Street Northeast
Atlanta, GA 30303 United States
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Phone:
+1.404.507.1690
Website:
http://www.loudermilkcenter.com
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