Course Identifier
RAI202
Duration
60 hours
Certificate?
Yes
Skill Level
Advanced
RAI Learning
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Course Description

RAI202: Non-Financial Risk Analysis and Management delves into the diverse realm of non-financial risks, exploring their impact on organizational stability and decision-making.

Participants will learn to identify, assess, and mitigate various non-financial risks, including operational, reputational, regulatory, environmental, and social risks, integrating risk management principles into organizational processes.

Key Learning Outcomes

  • Understanding of non-financial risk management principles.
  • Identification and assessment of various types of non-financial risks.
  • Application of qualitative and quantitative risk analysis methods.
  • Integration of risk management into organizational decision-making processes.
  • Exploration of emerging trends and developments in non-financial risk management.
  • Analysis of real-world case studies.
  • Development of personal action plans for ongoing learning.

Teachers / Speakers

Course Sections Outline

Section 1: Introduction to Non-Financial Risks
  • Understanding the concept of non-financial risks.
  • Recognizing the significance of non-financial risks in organizational decision-making.
  • Identifying common types of non-financial risks.
  • Exploring the relationship between financial and non-financial risks.
  • Understanding the role of risk management in mitigating non-financial risks.
Section 2: Legal and Regulatory Risk Landscape
  • Understanding the importance of compliance with legal and regulatory requirements.
  • Identifying potential legal and regulatory risks specific to different industries.
  • Exploring best practices for managing legal and regulatory risks.
  • Developing strategies for effective compliance management.
  • Understanding the implications of non-compliance on organizational performance.
Section 3: Operational Risk Management Frameworks
  • Understanding the concept of operational risk and its significance.
  • Identifying key components of operational risk management frameworks.
  • Exploring different methodologies for assessing and mitigating operational risks.
  • Developing an operational risk management plan for an organization.
  • Integrating operational risk management into strategic decision-making processes.
Section 4: Technology and Cybersecurity Risks
  • Understanding the landscape of technology and cybersecurity risks.
  • Identifying common threats to information systems and data security.
  • Exploring best practices for managing technology and cybersecurity risks.
  • Developing strategies to enhance cybersecurity resilience.
  • Understanding the implications of technology and cybersecurity risks on organizational performance.
Section 5: Environmental and Social Risks
  • Understanding the concept of environmental and social risks.
  • Identifying key environmental and social risk factors affecting organizations.
  • Exploring sustainable strategies for managing environmental and social risks.
  • Developing an environmental and social risk management plan for an organization.
  • Integrating environmental and social risk management into organizational sustainability initiatives.
Section 6: Reputational Risk Analysis
  • Understanding the significance of reputation management.
  • Identifying factors that contribute to reputational risks.
  • Exploring tools and techniques for assessing reputational risks.
  • Developing strategies for managing and mitigating reputational risks.
  • Understanding the impact of reputational risks on organizational performance.
Section 7: Supply Chain and Vendor Risks
  • Understanding the concept of supply chain and vendor risks.
  • Identifying common sources of supply chain and vendor risks.
  • Exploring best practices for managing supply chain and vendor risks.
  • Developing strategies to enhance supply chain resilience.
  • Understanding the implications of supply chain and vendor risks on organizational performance.
Section 8: Case Studies in Non-Financial Risk Management
  • Analyzing real-world examples of non-financial risk management.
  • Identifying key challenges and best practices in non-financial risk management.
  • Developing solutions for mitigating non-financial risks based on case studies.
  • Applying risk management principles to real-life scenarios.
  • Enhancing decision-making skills through practical case study analysis.

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