In today’s fast moving and complex world, the operating environment facing organisations can change very quickly. Strategies and processes that were successful before may not be so in the future. Instead of taking the state of the operating environment for granted, organisations now should be keenly aware of the threats that they can face, and take steps to proactively pre-empt, manage and mitigate the risks. Organisations need to be able to size up risks associated with organisation-wide threats and opportunities, understand them and learn how to manage them.
To do this, Enterprise Risk Management (ERM) is pivotal. A well-instituted and integrated ERM programme can help to foster a culture in which calculated risks are allowed and risk from failures can be mitigated through risk control measures.
At this event, participants will gain valuable insights into how agencies have overcome the various challenges faced and also new developments in RM/ERM. Organisations will also share current good ERM practices and how such systems can be developed successfully. |