In the ever-changing Middle East business environment, encountering risk is inevitable. The ability to manage these increasingly significant risks now represents the difference between a thriving organisation and one that is struggling to deal with the challenges facing it.
Many businesses in the region have realised that misunderstanding risk can lead to disaster. The organisations that have dealt with the recession most effectively have realised that this requires extensive knowledge of risk management tools and techniques. This is exactly what you will find in our Enterprise Risk Management Certification course.
As the current worldwide situation demonstrates, poorly informed or improperly executed risk management can mean disaster. Conversely, a well organised and focused risk process and strong risk management team will enable your company to maintain and strengthen your edge over your competitors. Moreover, studies have shown that financial risk is only the 'tip of the iceberg', as nearly 80% of key risks are not insurable. This critical 80% of risks must be 'insured' internally with a capable risk management team.
Risk management has been catapulted from being a useful tool to becoming the very pulse of the organisation and the yardstick by which its management is judged. The key is to recognise that risk is not something that should be avoided – a risk is often an opportunity in disguise.
Who Should Attend
- Risk Managers
- Managers and Directors responsible for the risk management function or process
- Senior Internal Auditors and Audit Managers, other assurance professionals such as those in Compliance and QA functions who are being asked to review the risk process
- Finance Managers and insurance professionals who need knowledge of the wider approach to risk management
Benefits of Attending
- Apply the concepts of Enterprise Risk Management
- Explain to management the benefits of an enterprise - wide approach to risk
- Embed an ERM approach
- Apply the different techniques for identifying risks and implement effective risk mitigation
- Link risk management into the business planning process
- Deliver practical techniques for the assessment of people, process and reputation risks
- Record the risk process effectively
Phil Griffiths is founder and CEO of Business Risk Management Ltd, a Chartered Accountant and an Associate of the Institute of Internal Auditors. He has over 30 years’ experience in Internal Audit, Risk Management, Corporate Governance, and Fraud Prevention as practitioner, professional advisor, facilitator and trainer.
He has held top management positions with four international groups, in roles embracing Internal Audit, Risk Management, Finance, and Project Management. Phil is regarded as one of the world’s leading experts in Internal Audit and Enterprise Risk Management.
He has extensive experience of the Middle Eastern, European, Asian and African markets having trained professionals from over 1000 organisations in these regions during the past 17 years.
He has developed over 400 training courses on all aspects of Internal Audit, Risk Management, Corporate Governance and Fraud and delivered them across the globe. He is an accomplished author. His book ‘Risk Based Auditing’ is an international best seller and his latest book ‘Enterprise Risk Management – The Key to Business Success’ is receiving much acclaim.
Phil has published research into many aspects of Internal Audit and Risk Management best practice, including ‘The Need to Co-ordinate Assurance Providers’ and ‘The Expectations of Chief Executives towards Internal Audit and its future’.
He is recognised as an accomplished and charismatic facilitator, trainer and lecturer and is in continual demand to speak at the most prestigious events on Risk Management, Corporate Governance, Internal Audit and Fraud.
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