Introduction

Strategic risk management is a fundamental component of organizational sustainability, as it enables senior leadership to anticipate potential risks and address them effectively before they escalate.

Course Objectives

• Develop strategic risk management skills.
• Analyze complex risks.
• Build a proactive risk management culture.
• Link risk considerations to strategic decision-making.

Target Audience

• Senior executives.
• Risk management directors.
• Board members.
• Strategic planning managers.

Course Outline

Day 1: Strategic Risk Concepts

1. Types of institutional risks
2. Risk versus uncertainty
3. Risk appetite
4. Enterprise risk management framework

Day 2: Risk Analysis

1. Risk analysis tools
2. Risk matrix
3. Probability and impact assessment
4. Risk prioritization

Day 3: Risk Management Strategies

1. Risk treatment plans
2. Risk mitigation
3. Risk transfer
4. Risk acceptance

Day 4: Risk in Strategic Decisions

1. Scenario analysis
2. High-impact decisions
3. Business continuity planning
4. Crisis management

Day 5: Practical Application

1. Developing a risk register
2. Case study analysis
3. Risk management action plan