Title |
ENTERPRISES RISKS MANAGEMENT (ERM) INCLUDING BUSINESS CONTINUITY MANAGEMENT (BCM) |
Date |
9 – 11 May, 2012 |
Duration |
3 Days |
Level |
Intermediate / Advance |
Time |
9.00 am to 5.00 pm |
Venue |
Seri Pacific Hotel Kuala Lumpur
Jalan Putra
50746 Kuala Lumpur,
Malaysia
Tel (603) 4042 5555
Fax (603) 4041 7236
E-mail: resv@seripacific.com
http://www.seripacifichotel.com
|
Trainer |
1. Mr. Gary Lim Eng Hwa
|
About Programme |
"Enterprise Success Is Managing Enterprise Risks" by Ir Gary Lim. How many corporations truly believe in this quote? If the 80:20 rule is to be applied in this situation, it can be concluded that only 20% would have put in place in their Corporation Risk Management Framework, Risk Management Process and Business Continuity Plan. The remaining 80% among them are Public Listed Companies in the Kuala Lumpur Stock Exchange, they will write it so beautifully in their annual report on their risk management programme, the reality in some cases are merely for show only and are mostly based on attestation by respective Head of Department
This programme will remove the myth that it is a difficult task rather it is a simple step-by-step guide in implementing the Framework, Process and Business Continuity Plan provided it has the support of the BOD and SMT. They probably believe in Murphy's Law-"anything can go wrong, it will" but most would think that it only happens in other corporations and that all issues have been addressed (merely lip services most of the time)
|
Key Objectives |
Establish the Corporation Risk Management Framework in compliance with good Corporate Governance and all employees are to adhere to it at all times hence a risk awareness culture within
Establish the Corporation to 5 risks which would have severe consequence to the Corporation either quantitatively or qualitatively (as case studies by participants)
Prioritize the limited resources of the Corporation to address very high risks to an acceptable level
Understand that Business Continuity Planning is a sub-set of Enterprise Risk Management which must be identified in order to minimize the level of disruption
|
Key Learing Outcomes & Course Contents |
DAY 1 & 2
Risk Management Course in Enterprise Risk Management
Learning Key Outcomes:
At the end of the course, participants would be able to:
- Understand the ISO 31000 Risk Management Standard Framework and Process terminology in respect to risk
- Able to establish the framework by establishing the Risk Management policy and the reporting structure in the organization
- Know that risk ids defined in the ISO 31000 as effect of uncertainty on objectives hence able to compile the full range of risks, the risk treatment and the controls to mitigate to tolerable residual risk
- Implement the enterprise risk management procedure in the organization
- Key Course Contents
- Introduction to Risk Management as outline in the ISO 31000 standard on Risk Management
- Risk Management procedure, step by step - identifying the risk to risk treatment
- Risk Register and the rating of each risk in accordance to ISO 31000 standard guidelines
- Regular review of the risk register by the respective risk owner in order to achieve the benefits of the enterprise risk management program
DAY 3
Business Continuity Planning
Learning Key Outcomes:
At the end of the course, participants would be able to:
- Conduct Business Impact Assessment in the company's operation and in the process Indentify Critical Business Functions
- Establish the Maximum Tolerable Downtime for each of the Critical Business Functions and seek the agreement from respective Managers
- Business Continuity Plan must provide the Recovery Time Objective for each of the Critical Business functions ensure that Recovery Time Objective is always shorter than the Maximum Tolerable Downtime agreed by the Managers
- Establish the Business Continuity Plan to mitigate the potential losses faced by the company an in compliance with the regulatory requirement
Key Course Contents:
- Risk Exposures which relate to the type of business continuity plan to be drawn up
- The concept of business continuity plan and the extent of the plan in relation to duration
- Identifying the list of Critical Business Functions by the users
- Mutually agreed to a Maximum Tolerable Downtime among the stakeholders
- An economical Recovery Time Objective to execute the Business Continuity Plan
- How to conduct simulated or actual plan
|
Who Should Attend |
- Risk Managers
- Auditors, Accountants and Advisors on governance
- Insurance underwriters, claims handlers, brokers and client managers
- Loss adjusters and consultants
|
Course Fee Per Person |
Fees Category |
|
LOCAL |
INTERNATIONAL |
Single Registration |
RM 1960 |
USD 900 |
Group Registration |
20% Discount will be given to the fourth and subsequent registration |
