Risk is the quantifiable likelihood of loss or less-than-expected returns. It is evident in life as it is in business and can provide a blight creativity, innovation and change. It has become more evident and relevant over the last 20 years due to the litigious nature of society and the increase in regulation. As managers and leaders the management of risk is our responsibility and we may be accountable from any subsequent loss or consequence. This one day professional development event provides an opportunity for a review of corporate risk, in all its guises, and provides clear guidance on reducing uncertainty and vulnerability.
Key objectives
At the end of the course the delegates will be able to:
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recognise and provide the context of risk in decision making and change management;
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describe different types of risk, including those relating to data management, employment and performance;
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determine proportionate responses to risk, including off-setting and contingency;
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reduce risk and manage the expectation and anxieties of others when faced with uncertainty.
