Enterprise Risk Management(ERM): A Gold Standard Approach

Programme Overview

Every organisation, whether profit or not-for-profit, exists to realise value for its shareholders and other stakeholders. Value is created, preserved or eroded by board and senior executives’ decisions in all activities, from setting and periodically adjusting strategy, proactively peeping into the future and staying aware of the ever-changing challenges and opportunities in the external environment to operating the day-to-day organisational activities.

Enterprise risk management supports value creation by enabling the board and senior executives to deal effectively with potential future events that create uncertainty and respond in a manner that reduces the likelihood of downside risks and increases the upside outcomes.

This intense, compressed and highly interactive 3-day ERM programme provides participants with the opportunity to learn leading practice approaches to implementing ERM.

The programme provides robust and comprehensive tools, techniques and top tips for successful implementation of Enterprise Risk Management. The programme will also cover the newly updated COSO ERM Frame work June 2017 and ISO 31000.

Programme Objectives

To provide a robust, comprehensive and leading practices insights into the world of ERM. By the end of the programme each participant will be able to:

   Define Risk management and ERM
   Understand the link between risk management and corporate governance
   Appreciate the relationships between risk management principles, framework and process
   Define risk management concepts such as risk bearing capacity (RBC), risk philosophy, risk attitude, risk appetite, risk architecture, risk strategy, risk protocol and risk culture
   Explore in details the various risk management classification systems
   Know how to assess the risk management maturity and sophistication of your business
   Examine the content of risk management policy and ERM framework and how to implement them
   Understand the benefits of enterprise risk management
   Learn how to identify, assess, treat, control, report and monitor risk
   Gain insights into the concept of ‘’upside’’ of risk: the opportunity in risk
   Stimulate continuous improvement at each stage of the risk management process
   Discover the significant roles of risk champions in risk management
   Explore global approaches to ERM: COSO, ISO, IRM, Basel
   Familiarise yourself with tools for effective risk management
   Find out the impact of risk on organisations
   Discover leading practice steps to successful risk management
   Understand new and emerging risks, as well as failed events
   Appreciate the role of internal audit in risk management
   Appreciate risk management responsibilities of various stakeholders, including the board
   Discover how to raise risk awareness and embed risk management within and across your organisation or group
   Network and share your real-life experience with your new friends
   Learn about some major corporate failures and the implication of such failures on risk management

WHY LEISHTON ACADEMY?

We are first a research company, and everything we do, be it training or consulting, is based on research we have conducted ourselves or those conducted by others. So, we do not just train on the basis of emotions. Our training programmes are based on strong theoretical and empirical findings. These findings allow us to provide our programmes’ participants up to date perspective on areas of interest.

In addition, we are locals and we understand the business environment. We have a good blend of both consulting and real-world day-to-day practical business experience in Nigeria. We have folded our sleeves before and we can fold it for you. Indeed, we are not just trainers and facilitators, we have a good understanding of how things are done in practice in Nigeria. We pride ourselves to be subject matter experts (SMEs) in the areas we train on. If we cannot provide contemporary insights and in-depth knowledge on a particular subject area, then we would say it from the outset.

Furthermore, we have developed our competencies in a lot of areas and we can be a one-stop shop for your organisation in terms of consulting, training and research (qualitative or quantitative) in the areas of leadership, governance, strategy, change management, risk management, compliance, AML/CFT (for financial institution), ethics, team functionality, emotional intelligence, legendary customer service, internal control and standard operating procedures (SOPs) development. We also go out of our way to adopt the best model for each training programme we offer and we are even ready to go “Down Under” (Australia) if that is where we will find the best model. Aut Optimum Aut Nihil; this Latin maxim is not just a philosophy to us, we live it.

Finally, we have few partner firms in South Africa that we can occasionally collaborate with in areas where we need additional capacity.

Why Attend this Programme?

This programme gives you, your team and your organisation ERM training experience that combines the best of the leading ERM approaches in the world. You will learn how to design an Enterprise Risk Management framework and implement processes that proactively anticipate and promptly identify, assess, mitigate, report and monitor risks organisation-wide or group-wide.

Participant will learn through our blended learning approach, including presentations, case studies, role plays, insights from real-world ERM practitioner, individual and group exercises, and theoretical and empirical evidence on the benefits of implementing ERM.

With this programme, you will benefit from:

   Condensed, 3-day ERM training
   Proven leading practice approaches to designing and implementing robust ERM frameworks, risk management policies and risk appetite escalation process
   Real-world examples and suggestions for embedding ERM
   Out-of-the office focus on ERM – away from distractions, phone calls, meetings and other interruptions

Lagos, Nigeria

17-18 June and 1-2 July, 2019


Fee (exclusive of tax)
N155,999.50 (US$503.23 for foreign participants). Special 10% discount for groups of 4 or more