Risk Management & Business Resilience Training Course in Dubai, UAE

Course overview

In today's fast-paced and unpredictable business environment, organizations are frequently challenged by various complexities and risks. The challenge is even greater given the potential for both explicit and implicit sources of internal and external risks, which can significantly impact organizational performance and business resilience. Therefore, the need for a proactive and strategic approach to risk management is crucial to facilitate business continuity and improve opportunities for growth and success.

Our intensive program, "Risk Management and Business Resilience," is designed as a solution to these prevalent business challenges. This course will help delegates to understand the context of organizational complexities and potential risks. The completion of this training will enable you to identify hidden trends, develop appropriate strategies, and sustain a flexible business resilience strategy. This short certification course offered in public, online and in-house formats will significantly improve your competencies needed to manage risk effectively, thereby enhancing the overall organizational resilience.

Upon completion of this Risk Management and Business Resilience training course, participants will be able to:

• Understand the complexities of organizations and identify potential risks faced by businesses
• Identify explicit and implicit internal and external sources of risk
• Recognize hidden trends and develop strategies to counteract potential disruptions
• Develop a sustainable business resilience strategy
• Apply the Atton R11 alignment risk-resiliency model for effective risk management
• Understand the role of an effective risk management team and develop the necessary leadership skills

Who Should Attend

This training program is most suitable for:

• Executive managers
• Senior supervisors
• Team leaders
• Government Employees
• Project/portfolio managers

What will you gain

Upon completion of this short certification training, you will be able to:

• Gain a comprehensive understanding of the context and complexities of organizational risks
• Identify and assess explicit and implicit sources of risk
• Develop strategies to mitigate potential disruptions
• Develop and sustain a flexible business resilience strategy
• Understand the key management disciplines that contribute to organizational resilience
• Apply the Atton R11 alignment risk-resiliency model for effective risk management
• Develop a risk management strategy using the Atton R11 alignment risk-resiliency model
• Align risk management methods with the size, age, and industry of the organization
• Understand the characteristics of an effective risk management team
• Develop leadership skills necessary to manage a risk management team effectively
• Understand the role of proactive risk management in sustaining organizational resilience

Course content

• Introduction: Basic Concepts and Definitions of Risk Management
  • Uncertainty and risk: how do they differ?
  • Sources and classification of risks. Risk factors: external and internal risks
  • Strategic, operational and project risks
  • Business process risks
  • Review of risk management standards
  • Risks associated with decision-making information
  • Introduction to the Atton R11 alignment risk-resiliency model
• Risk Management System
  • Five stages of risk management
  • Risk identification methods
  • Risk management strategies
  • Risk register. Rules for compiling and templates of the risk classifier
  • Risk assessment by the method of future development scenarios
  • Using a decision tree in risk assessment
  • The main steps of building a risk management model
• Risk Assessment Framework
  • Qualitative risk assessment
  • Quantitative risk assessment
  • Criteria for assessing risk decisions
  • Assessment of specific and difficult-to-assess risks
  • Scenario analysis
  • Failure Mode and Effect Analysis
  • Responding to risk
  • Principles and approaches
  • Four ways to respond to (handle) risk
  • Criteria for choosing a risk treatment method based on the effect-cost ratio
  • Development of risk mitigation measures
• Responding to Risk
  • Principles and approaches
  • Four ways to respond (handle) risk
  • Criteria for choosing a risk treatment method based on the effect-cost ratio
  • Development of risk mitigation measures
• Business Resilience
  • What is business resilience
  • Business resilience framework
  • The principles of organizational resilience
  • Strategies for building business resilience
  • How to develop and implement the resilience system
  • Impeding risk management with a resiliency framework
• Current and Future Threats to Your Business
  • Managing the unpredictable using scenario planning
  • Informing about risks in high-risk conditions
  • Creating flexible teams for risk management
  • How to prepare a team for a period of changes
• Risk Management Team
  • Risk management team roles and responsibilities
  • The human factor in risk management
  • The 9 Box Grid Model
  • Belbin Leadership Styles
  • Belbin's team roles
  • Why every employee is a risk manager