eRMIA: Embedding Risk Culture (6/08/2020 AM and 10/08/2020 PM)
This workshop is for risk professionals tasked with developing or influencing risk culture across the business.
Your facilitator is Bryan Whitefield, CCRO®
The key principle of risk management is that it creates and protects value. It does so by helping the business to take the right risks for the right reasons. And it is sustained through a strong culture of risk-based decision making. An embedded risk culture.
The challenge for risk professionals is that legacy cultures undervalue risk management. They see risk more as a compliance activity than something aligned to purpose, values and designed to help drive a successful strategy.
As strategy specialist Peter Drucker said, “Culture eats strategy for breakfast”. And so, risk culture, as a subset of culture, eats risk management for lunch. The best designed risk framework in the world will not deliver for an organisation if senior leaders and staff do not see it as part of their cultural fit. Aligned to the organisation’s values.
This course will provide you with a multi-faceted approach to assessing and improving risk culture. It will also give you the ability to develop forward-looking metrics to enable you to tangibly measure and evidence positive culture change.
Format of the Course
Online run over two half-days. An interactive workshop with ample time to participate, share and network
1. Understand what culture and specifically risk culture is and how culture affects organisations.
2. Appreciate pros and cons of various methods for assessing risk culture.
3. How to design an effective program for embedding risk culture.
4. Tips for implementing your risk culture program.
Part One: Culture and Risk Culture
What is culture.
What is risk culture
How culture drives decision making
Part Two: Assessing Culture
Values and behavioural indicators
Data analysis and investigations
Observations and audits
Part Three: Designing your Program
Part Four: Implementing your Program
SESSION 1 (3.5 hours)
9:00am - 12:30pm AEST Thursday, 6 August 2020
SESSION 2 (3.5 hours)
1:30pm - 5:00pm AEST Monday, 10 August 2020
LOCATION: Online via Zoom
CPD Points: 12
RMIA Members: $1,799.25 incl.GST
Non-Members: $2,399.00 incl.GST