INVITATION TO ATTEND A WORKSHOP ON STRATEGIC VISION AND BUSINESS RISK MANAGEMENT STATEGIES 5TH-16TH SEPTEMBER, 2022
Afriex Training Limited
training at afriex.africa
Sat Aug 20 11:55:20 EDT 2022
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INVITATION TO
ATTEND A WORKSHOP ON STRATEGIC VISION AND BUSINESS RISK MANAGEMENT STATEGIES
5TH-16TH SEPTEMBER, 2022
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Calendar for 2022
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PARTICIPATION
FEE: 2320 USD
Official
email:
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training at afriextraining.org
VENUE:
BEST WESTERN MERIDIAN HOTEL, NAIROBI, KENYA
Office
Telephone: +254-715-310-685
Register
as a group of 5 or more participants and get 15% discount on the course fee.
Send
us an email:
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INTRODUCTION
A
visionary strategy formulation can make the difference between a profitable
business and one that stagnates. Managing business risk is about the application
of planning and good governance to maximize success and proactively manage
uncertainty that may affect operational performance, achievement of business
objectives or meeting stakeholder expectations.
This
course is designed to combine proven-by-practice methods with new insights and
ideas from a wide range of current strategic thinking. Participants will learn
the techniques of strategy formulation and systematic approach towards goals
achievement.
DURATION
10
Days
TARGET
AUDIENCE
This
course is designed for:
v
All
professionals & leaders from any industry who desire an in-depth knowledge
of best practices in strategic planning, development, and implementing a
plan
v
Anyone
who is interested in developing their capacity as a strategic
thinker
v
Anyone
who has the responsibility for translating a vision into a plan, into being
understood by the workforce, and seeing the vision be transformed into
reality
v
Senior
executives and management level employees involved in the formation and
implementation of business strategy.
v
All
employees who need to improve their proactive business risk management and risk
communication skills.
v
Risk
management professionals
v
Senior
Management Team responsible for the business risk management function or
process
v
Senior
Internal Auditors and assurance professionals such as those in Compliance and QA
functions who are being asked to review the business risk
process
v
Finance
and insurance professionals who need knowledge of the wider approach to business
risk management.
OBJECTIVES
By
the end of the course, participants will be able to:
v
Understand
and Develop a strategic direction
v
Identify
the Company strengths and weaknesses
v
Identify
markets and competitions
v
Formulate
possible strategies
v
Do a
strategic plan for your organization or department
v
Draw
up and implement an action plan
v
Achieve
objectives by linking KPIs, business goals and vision
v
Avoid
the common pitfalls and risks of management
v
Identify
the steps for managing departmental/business risk
v
Lower
costs and confusion
v
Prioritize
stakeholder input and support
v
Set
departmental expectations and establish risk ‘recovery’
plans
v
Communicate
with and control of/influence over stakeholders to minimize the
risk
v
Develop a
personal business risk plan
COURSE
OUTLINE
What is
Strategic Thinking?
v
What
is our business? Why do we choose this business?
v
Leadership
roles in supporting this: Styles and case
v
Example
of Strategic Thinking & Planning: The Value Curve
v
Culturalize
The Strategic Thinking & Planning: Concept and application of Lean
Management
Ideas toward
achieving business vision
v
Business
idea generation: focus on problem solving
v
What
is our vision?
v
How
do we achieve the vision?
What are
necessary to have effective strategic thinking
v
SWOT
Analysis: looking at our strengths and weaknesses
v
Market
Analysis
v
Market
Options Matrix – definition, case, commentary, what can we
do
v
Growth-Share
Matrix – definition, case, commentary, what can we do
v
Competitive
Environment: the 5 Forces – definition, case, commentary, what can we
do
Goal setting
and Implementation
v
Workshop
on Strategies and Plans: WHAT do we need to do to achieve the
vision?
v
Tools
to help KPIs:
v
SMART
goals
v
Parkinson
Principle in goal setting
Final results
and measurement
v
Departmental
KPIs and Target setting: HOW do we ensure they become
realized?
v
Practical
department by department KPI workshop
v
Converting
Vision to Reality: achieving company’s vision
v
How
to do it in a way that is easy to be understood and
implemented
Introduction to
Risk Culture
v
Introduction
to managing risk and effective risk management techniques
v
Definitions
and key approaches to implementing a risk culture
v
Learn
from real cases of risk culture ‘failure’
v
Develop
practical techniques for risk culture management
v
Appreciate
the limitations of risk assessment tools
v
Discover
the latest developments in risk practice and standards
Planning to
Mitigate Risk
v
The
three primary business risks in order of frequency of
occurrence
v
The
different types of risk assessment tools
v
Implement
a risk departmental culture
v
The
role of external pressures, including regulations
v
The
barriers to risk culture control
Integrating
Business Risk into Day-to-Day Activities
v
Analyze
the root causes of risk
v
Integrate
business risk and opportunities for innovation into your
role
v
Overcome
barriers to embedding risk management and potential
solutions
v
General
management techniques to add value to the risk-based
decision-making
v
Assessing
and prioritizing risks is determining its probability and
impact
Embedding Risk
Management
v
Identify
behaviors that support risk management
v
How
to encourage and draw maximum benefit from positive behaviors needed to embed
risk management
v
Analyze
the problems that currently frustrate you, reinvigorating yourself with the
fresh focus
v
Break
risks down into their component parts and explore how each element relates to
risk
v
Communicate
and implement the action plan
you develop on the course
Risk Reporting
for Maximum Business Benefit
v
Articulate
and report to management/team risks that could have an impact on your
department
v
Conduct
(quick) quality and typical management risk assessments
v
Assist
risk owners to resolve problems
v
Communicate
the benefits of risk management and win the support of stakeholders
v
Advise
senior managers/team members on improving systems
v
Intervene
to address instances where risk management efforts are being
hampered
v
Action
planning: 10
reminders for the risk champion
METHODOLOGY
This
course is delivered by our seasoned trainers who have vast experience as expert
professionals in the respective fields of practice. The course is taught through
a mix of theory, group works, discussions and case studies.
Training
manuals and additional reference materials are provided to the
participants
TRAINING
VENUE, LOGISTICS AND PAYMENT
v
Training
will be held at Afriex Training Centre,
Nairobi.
v
The
course fee covers the course tuition, training materials, two break
refreshments, lunch, and study visits.
v
Accommodation
and airport transfer are arranged upon request by the participant.
v
This
training can also be tailor made for your institution upon
request. You can have it delivered in our training Centre or at a
convenient location.
v
For
further inquiries, please contact us on
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training at afriextraining.org
v
Payment
should be made to Afriex Training Limited bank account before the start of
the training and receipts sent to
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training at afriextraining.org
v
Upon
successful completion of this training, participants will be issued with an
Afriex Training Ltd certificate.
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