We offer 30 minute, 2 hour, half-day, one or two-day training programs specifically designed for executives, Audit Committee members, Board members and senior decision makers. This training is built around some of best risk analysis and decision-making tools used by CIA and largest global corporations.
We offer 30 minute, 2 hour, half-day, one or two-day training programs specifically designed for executives, Audit Committee members, Board members and senior decision makers.
Below are just some of the critical topics covered in our training courses:
Development and implementation of practical tools for making strategic, operational and investment decisions based on risk
The psychology of risk perception and the development of risk management culture
Integration of risk management into strategic asset allocation, budgeting, investment activities, reporting and other key business processes across the organization
Quantification of the impact of risks on the objectives and KPIs of the organization as whole or individual investments (decision trees, tools, Monte-Carlo simulation, the use of scoring models for non-financial companies).
Recommendations to meet the requirements of regulators and global trends in the field of risk management, including applicable ISO 31000 2018, COSO:ERM 2017 and other risk management requirements.
All of our courses involve wide-ranging practical case studies and exercises. We offer training sessions in Russian and English.
Course overview
Why manage risks systematically?
Common challenges in decision making (cognitive biases, hidden agendas, weak motivation, lack of competencies)
Risk management as a powerful decision-making tool (from CIA toolkit to advance risk management modeling and simulations used by Nassim Taleb and others)
Step 1. Key assumptions check
Step 2. Data quality control
Step 3. Running simulations using monte-carlo
Step 4. Devil’s advocate and other contrarian techniques
A roadmap for risk management integration and auditing risk management effectiveness
