Enterprise Risk Management Course Overview

The Enterprise Risk Manager course is tailored for professionals seeking to develop comprehensive skills in Enterprise Risk Management (ERM). The course will be delivered through a combination of lectures, interactive discussions, group exercises, and case study analyses. Participants will engage in hands-on activities to reinforce their understanding of ERM concepts and principles. By the end of the course, participants will be equipped to implement ERM frameworks that align with organizational objectives and mitigate risks across various domains.

Who Should Attend

  • Mid- to senior-level executives responsible for managing enterprise risk across diverse sectors.
  • Working professionals who are seeking to transition their careers, jobs, or industries to specialize in enterprise risk management.
  • Individuals who meet the program requirements and aspire to become experts in enterprise risk management within their respective organizations.
  • Entrepreneurs and CEOs who are keen on developing a robust understanding of enterprise risk management to safeguard their businesses and enhance strategic decision-making processes.

Introduction to Enterprise Risk Management

  • Definition of ERM
  • Importance of ERM in modern business environments
  • Objectives and benefits of implementing ERM

Components of Enterprise Risk Management

  • Risk Identification
    • Techniques for identifying risks
    • Common types of risks: strategic, operational, financial, and compliance.
  • Risk Assessment
    • Quantitative vs. qualitative risk assessment methods
    • Risk matrix and risk prioritization.
  • Risk Response
    • Strategies for managing risks: avoid, mitigate, transfer, or accept
    • Developing risk response plans.

Implementing Enterprise Risk Management

  • Establishing the ERM Framework
    • Roles and responsibilities of stakeholders
    • Integration with organizational structure and culture
  • Risk Monitoring and Reporting
    • Implementing processes for ongoing risk monitoring
    • Creating effective reporting mechanisms for risk assessment and mitigation progress
  • Continuous Improvement
    • Evaluating and adjusting the ERM framework over time
    • Learning from successes and failures

Case Studies and Discussion

  • Analyzing real-life examples of successful ERM implementation
  • Discussing challenges and potential solutions
  • Q&A session to address participants’ queries and concerns

Conclusion and Key Takeaways

  • Summary of key concepts covered
  • Reinforcement of the importance of ERM
  • Encouragement for further learning and application

Adeola Badmus

I am Adeola, my 15-year professional career has spanned several roles, organizations, and sectors. I served as a project manager in IntroIT Consulting, Head of Institute / Chief Operating Officer for the Institute for Advance e-Studies, I currently hold the position as the senior project consultant & marketing director for Piston & Fusion. My qualification includes MSc. In Marketing, BSc. In Business Administration, Digital Marketing, Data Analytics, PMP, PRINCE 2, NEBOSH, Level 3 Award in Education & Training. I have been privileged to attend some of the best institutions globally, University of Lagos, Lagos Business School, and University of Liverpool (UK). I am a member of AMA, PMI & IOSH. I have trained over 4000+ professionals in marketing, branding, project management, data analytics and other business related programmes.

Participants enrolling for this programme will be required to have a minimum of 3 years’ professional experience. Participants who meet the programme requirement should pay the course fee and complete the enrollment form 2 weeks before the programme kick off date.

Prospective applicants who do not meet the programme requirement but wants to join the programme should should follow the process detailed below.

Application Process

  1. Start a chat with the online course adviser or complete the application form
  2. Application will be reviewed by programme committee
  3. Application acceptance will be communicated by programme committee
  4. Pay the programme fee after receiving acceptance from the committee
  5. Check your mail for programme schedule and payment confirmation

    Participant’s Experience

    What is included in the Course Programme Pack

    • Practice Manual & Textbook
    • Participants workbook & Exercises
    • Templates for professional practice
    • Local & international case studies
    • Recognized Certification of Completion
    • Branded Personalized programme pack & stationaries
    • Breakfast & Lunch
    • 3 Star Accommodation (Optional – Available on Request)

    Kindly note all training materials for the Virtual Online classes will be in electronic formats (PDF & MS Word)

    Enterprise Risk Management Course Fees & Dates for  Upcoming Classroom & Virtual Online In 2023

    Piston and Fusion offer the Course as Classroom in Lagos and Virtual Online Class in other states in Nigeria. See dates and fees for classroom and virtual online class.

    Programme Information

    Course Objective: This program focuses on equipping professionals with the knowledge and skills to effectively identify, assess, respond to, and monitor enterprise risks within diverse organizational contexts.
    Classroom Fee: ₦150,000
    Weekday Date: Contact Us For Next Schedule
    Weekend Date: Contact Us For Next Schedule
    Location: 122a Obadina Street, Omole Phase 1 Ikeja Lagos
    Virtual Class Fee: ₦100,000 | $160
    Weekday Date: Contact Us For Next Schedule
    Weekend Date: Contact Us For Next Schedule
    Location: Microsoft Teams | Zoom

    Why Piston & Fusion Ranked Amongst the Best Business Institute In Nigeria?

    • We have trained 6000+ professionals
    • We have over 10 years industry experience
    • Our facilitators are experienced and certified
    • We offer post training career advice and support

    People who enrolled for this course, also enrolled for the following courses

    Warehouse Design and Operations Quality Assurance
    Office Administration & Management Facility Management

    All You Need to Know About Enterprise Risk Management

    What Is Enterprise Risk Management (ERM)?

    ERM is a strategic approach to managing risks across an entire organization. Unlike traditional, siloed risk management, ERM considers all potential threats, from operational issues to cybersecurity breaches, and their interconnectedness. It involves identifying, assessing, prioritizing, and developing plans to mitigate these risks to ensure business continuity and achieve objectives.

    Why Is Enterprise Risk Management (ERM) Important?

    ERM is crucial for several reasons, some may include:

    • It helps identify and address risks before they become problems, minimizing potential losses and disruptions.
    • ERM ensures adherence to regulations and industry standards, reducing legal and financial repercussions.
    • ERM fosters a company-wide awareness of risk, encouraging employees to identify and report potential issues.

    What Are The Key Steps In The ERM Process?

    The ERM process typically involves a continuous cycle:

    • Identify risks: Brainstorm and categorize potential threats across the organization.
    • Assess risks: Analyze the likelihood and potential impact of each risk.
    • Prioritize risks: Determine which risks require the most immediate attention based on severity.
    • Develop risk mitigation strategies: Create plans to address or minimize the impact of identified risks.
    • Monitor and update: Regularly monitor risk landscape, update strategies as needed, and learn from past experiences.

    How Can I Get Started With Enterprise Risk Management (ERM)?

    You can get started right away. Contact one of our support representatives to enrol for the Enterprise Risk Management Course