Risk Assessment as Corporate Governance Tool

Duration: 2 Days

Entrepreneurs are known to be risk-takers as this is what distinguishes themselves from their competitors. When taking risks, a successful outcome may not be guaranteed. That is why risk assessment is so important. Conducting a risk assessment helps you create awareness of hazards and threats within your organisation as well as plan and prepare for when things don’t go as expected. This course is aimed at helping small business owners mitigate risk by conducting successful risk assessments for their business and prevent delays in operations.

Course Outcomes

• Define risk assessment.
• Identify the need for risk assessment within your business.
• Identify possible areas of risk within your business and develop plans to mitigate those risks.
• Use the risk assessment framework as a risk assessment tool.
• Develop contingency plans to mitigate risk.
• Identify the need for continuous risk assessment.
• Understand the role of organisational policies and procedures in relation to risk management.
• Protect the health and safety of employees through occupational health and safety guidelines.
• Gain a better understanding of the relationship between corporate governance and risk assessment.

Who should attend:

• Small business owners.
• Managers
• Employees in charge of risk assessment within their organisation.