Business Risk Management

Summary

Economic political shifts,globalisation,intense competition and the pace of technological change all create unprecedented levels of uncertainty, translating directly into business risk for current and longer range strategic, business decisions and investment. Using qualitative and quantitative techniques, we consider how risks may be identified and their magnitude assessed, creating a framework for effective decision making and risk analysis.

Venue details:  
Chartered Accountants House, , Dublin
Start date & time:  
09 October 2019 09:30
End date & time:  
09 October 2019 17:00
Price: €300.00  (€240.00 Member price)
By registering for this course you have accepted the terms and conditions
Training ticket cost:  
9.00
CPD hours:  
7.00
Speaker details
First nameLast name
John McKenzie

Description

Product type:  
CPD course
Category:  
Governance, risk and legal

Who should attend

This course is suitable for finance staffs at all levels ranging from the finance director through to "front line" finance staff aspiring to more senior roles or who are involved in planning, project appraisal, capex appraisal and forecasting. It is also suitable for operational staffs from senior director level down to budget holder or cost centre manager.

Course overview

  • What do we plan to do, how should we do it and why should we do it at all? - key components of business decisions
  • Risk analysis - understanding the different elements of business risk i.e.- Forecasts and assumptions, Economic, Political, Intrinsic business and market, Competitive, Technological and Business disruption risks
  • How can we mitigate risk?
  • Quantifying costs and benefits, both tangible and intangible in our decision making
  • How might we quantify risk in our business and our decisionsHands on business risk assessment case study

Key learning outcomes

By the end of this course, participants will be able to:

  • Identify the principal sources of business risk
  • Take a more quantitative approach to risk evaluation
  • Apply risk adjusted financial techniques to evaluation of project or CapEx proposals
  • Choose more readily between competing demands on precious resources
  • Apply a consistent risk assessment framework

Speaker Bio

He spent 30 years in F & A, manufacturing, sales, marketing & business development roles in automotive & IT sectors, now pursuing freelance lecturing, consulting and writing. In 2008, his first book, ABC/M to the Max was published & has spoken at over 400 public conferences & seminars worldwide. He specialises in planning, budgeting & forecasting, strategic planning & management, ABC/M, business partnering, cost management & performance measurement & has worked with SME's & blue chip clients.