Advanced Enterprise Risk Management

Advanced Enterprise Risk Management

A Practical Training: Fully Embedding the ERM Process for Strategic Value

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Platform:
Online
In-class
Date Venue Duration
17 - 21 August 2026 Sandton 5 Days
05 - 09 October 2026 Sandton 5 Days
23 - 27 November 2026 Durban 5 Days

Course Introduction

In a world marked by continuous turmoil—rising geopolitical tensions, unpredictable market fluctuations, escalating natural disasters, and economic volatility—organizations must navigate an increasingly complex risk landscape. To steer confidently through these challenges, a holistic and integrated approach to risk management is essential.

 

This intensive training course in Advanced Enterprise Risk Management (ERM) is designed to empower organizations to move beyond traditional, siloed risk management. By embedding ERM at the strategic level, delegates will learn to aggregate, prioritize, and address risks based on material impact, ensuring that risk management drives innovation, resilience, and sustainable value creation.

 

Through real-world case studies, global risk scenarios, and practical exercises, participants will acquire the tools to transform risk into opportunity, aligning risk processes with organizational strategy and performance.

Course Objectives

By the end of this Advanced Enterprise Risk Management course, participants will be able to:

  • Elevate ERM to a strategic function, integrating it with business objectives.

  • Apply advanced risk identification, assessment, and measurement techniques.

  • Engage senior leadership and boards in proactive risk oversight.

  • Develop and implement Key Risk Indicators (KRIs) for robust monitoring.

  • Align risk appetite and tolerance with value creation and protection.

  • Build a culture of informed risk-taking and accountability across all levels.

  • Link risk management to corporate performance, decision-making, and assurance processes.

  • Respond effectively to crises and emergent risks with confidence.

Why Attend?

Transform your approach to risk: Gain the strategic insight, technical expertise, and practical skills to embed enterprise risk management as a value-creating function in your organization. Learn how to turn risk into a source of competitive advantage.

Who should attend?

  • Chief Risk Officers

  • Risk Managers

  • Directors and Managers overseeing risk management

  • Heads of Internal Audit and Assurance

  • Senior Finance Professionals

  • Executives responsible for corporate governance and risk

Audit, Risk and Governance courses

Training Methodology

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.

Training Outline

Module 1: Taking ERM to the Next Level

  • Characteristics of Advanced ERM Processes

  • Keeping Sight of Strategic Objectives

  • Lessons from Global ERM Scenarios

  • Building a Resilient ERM Framework: Roadmap & Prioritization

    • Assessing your current ERM environment

    • Conducting a practical Gap Analysis

    • Developing an actionable ERM implementation roadmap

  • The Role of Executive Management and Board in ERM

  • Case Study: ERM in the South African Banking Sector

Module 2: Advanced Risk Measurement Techniques

  • Overview of Risk Measurement Methods:

    • Risk Workshops

    • Delphi (Expert) Analysis

    • Ishikawa (Fishbone) Analysis

    • Failure Mode and Root Cause Analysis

    • Scenario Planning

  • Practical Exercise: Root Cause Incident Investigation

Module 3: Deepening Risk Assessment

  • Fault Tree Analysis: Practical Application

  • Monte Carlo Simulations for Risk Quantification

  • Bayesian Networks for Predictive Risk Modelling

  • Identifying and Managing Emergent Risks (Low Probability, High Impact)

  • Crisis Management: From Incident to Crisis

    • Understanding crisis typologies

    • Distinguishing incidents, emergencies, and crises

  • Designing and Implementing Key Risk Indicators (KRIs)

Module 4: ERM Integration and Decision-Making

  • Overcoming Risk Register Challenges

  • Success Factors for Embedding ERM

  • Defining and Operationalizing Risk Appetite and Tolerance

  • Integrating ERM with Strategic Decision-Making

  • Reference Guide: ISO 31000 Standard

  • Syndicate Exercise: Decision-Making in Uncertainty

Module 5: Broadening ERM Impact

  • Aligning Assurance with ERM

    • Integrating Business Continuity Management (BCM)

  • Building a Risk-Aware Culture

    • The power of communication, behaviour, and teamwork

  • Embedding ERM in Projects and Joint Ventures

    • Goal Setting and Monitoring

  • ERM Golden Rules for Effective Communication

    • Listening Skills Assessment

  • Course Review, Action Planning & Final Assessment

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Success Stories

Discover how our courses enhance professionals’ effectiveness in their workplaces.

GEMS

Auditing the ESG Process Masterclass

Very happy with the training. It was excellently delivered and comprehensively covered all critical aspects of ESG and effectively contextualised them within the environments of our respective organisations.

North West Gambling Board

Risk Management in the Public Sector

The course was eye opening and exceeded my expectations.

FAQs – Advanced Enterprise Risk Management

Learn more about course content, risk management practices, governance principles, compliance standards and certification opportunities.

What is the primary focus of the Advanced ERM training course?
The course focuses on moving beyond traditional, siloed risk management to embed Enterprise Risk Management (ERM) at a strategic level, ensuring it drives innovation, resilience, and sustainable value creation.
Who should attend this Enterprise Risk Management program?
It is ideal for Chief Risk Officers, Risk Managers, Directors, Heads of Internal Audit, Senior Finance Professionals, and executives responsible for corporate governance.
What advanced risk measurement techniques are covered?
Participants will explore techniques including Delphi (expert) analysis, Ishikawa (Fishbone) analysis, Failure Mode and Root Cause Analysis, Monte Carlo simulations, and Bayesian networks for predictive modelling.
How does the course address crisis management?
The curriculum covers crisis typologies, distinguishing between incidents, emergencies, and crises, and provides practical frameworks for responding effectively to emergent risks and high-impact events.
Will I learn how to monitor risks effectively?
Yes, a core component of the training is designing and implementing Key Risk Indicators (KRIs) to provide robust, ongoing monitoring and ensure alignment with organizational risk appetite.
What is the duration and structure of the training?
The course is a 5-day intensive program delivered through a mix of expert-led lectures, practical case studies (including real-world South African banking examples), and immersive role-play workshops.

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