Enterprise Risk Management: New Approaches for Today's Complexities

Managing risk Develop a strong culture Understand how policies, procedures, and policing are not sufficient to cultivate a strong risk management culture. Understand that leaders have a responsibility to step up their commitment to enterprise risk management by making informed decisions about managing people, processes, and technology. Anticipatory leader Learn how to become an anticipatory leader who understands the potential impact and wider implications of risk and can take immediate steps to deal with the risk Learning Objectives: Identify what it means to be an anticipatory leader. Identify the various roles and individual responsibilities in risk management. Identify the 80/20 perspective applied to enterprise risk management. Recognize the five levels of defense in risk management as it relates to leadership roles. Assess action steps for the board and executive leadership team. Field of Study: Management Services Level: Intermediate CPE: 9