7:45 AMContinental Breakfast
8:30 AMUtilizing The Balanced Scorecard (Bsc ): Executing Strategy Through Erm -Focused InitiativesEffective ERM requires the cooperation of all business units in addressing risk and ensuring the achievement of organizational objectives. The Balanced Scorecard (BSC) is a performance measurement system that communicates organizational progress in executing strategy across four perspectives (financial, customer, internal processes, learning and growth). At the core of the BSC is a strategy map that shows the strategic linkage between organizational objectives. Through integrating objectives related to addressing specific risks into the strategy map, organizations can create initiatives that make ERM an integral part of strategy execution. In this session, you will learn how to incorporate ERM into organizational strategy through using the BSC and the strategy map that supports it. SESSION BREAKOUTS CHOOSE:-
TRACK A: COMMERCIAL or TRACK B: GOVERNMENT Track A
9:20 AMPeople And Erm : Enabling Individuals To Understand Their Role In Managing RiskPeople play an extremely integral role in ensuring effective ERM. People make the decisions and manage the processes that determine the amount of risk an organization assumes. Because many are not trained to identify risk in their enterprise, motivating employees to support ERM is a universal challenge among organizations of all industries. By getting individual employees to understand how risk is related to their jobs and how their efforts ensure organizational stability, the adversity of ensuring cooperation and buy-in for ERM can be alleviated. In this session, you will learn how to establish buy-in and support for ERM among individual employees Track B
9:20 AMExploring The Maturity Of The Risk Management Process In GovernmentEnterprise Risk Management is a large cog in business and government functions. It is essential to look at this on a broader level and examine the capability and value embedded within ERM for your Government function. This session will provide you with an outlook of the levels and embedment of ERM including: 10:10 AMMorning Coffee & RefreshmentsTrack A
10:35 AMBusiness Processes And Erm : Aligning Business Operations To Strategy Through Effectivley Managing RiskFor many organizations, risk is the stumbling block that prevents the seam-less execution of organizational strategy. Enterprise risk prevents a strategy from being communicated throughout an organization and creates a divide between business operations and the achievement of objectives. In this session, you will learn how risk creates the chasm between operations and strategic objectives and how risk can be managed to ensure organizational alignment to strategy. Track B
10:35 AMBuilding Further Interaction Between Enterprise Risk Management And Effective Management Strategies That Drive ItWhile Enterprise Risk Management is by no means a new terminology within government, it is still an area which creates and presents many issues. A vast array of Government departments, organizations and agencies are struggling with embedding enterprise risk management within their organization, and building the required strategies, frameworks and processes to support it. This session will highlight the important management facets of: 11:25 AMBuilding Partnerships With Risk Managers And Internal Auditors For Aligning Erm With StrategyEffective ERM requires the full cooperation of stakeholders across all business units. Establishing buy-in for ERM is essential in ensuring its alignment to corporate strategy and driving organizational performance. Risk managers and internal auditors provide the tactical support that is needed to execute ERM, so their participation is vital in enabling the organization to manage its risk portfolio. In this session, you will learn the method behind winning the support of key stakeholders that provide the practical knowledge of implementing ERM and integrating it with organizational strategy. 12:15 PMLuncheonTrack A
1:15 PMUsing Erm To Support Managerial Decision MakingRisk hinders an organization’s ability to execute strategy. The path to seamless strategy execution requires the mitigation and effective management of risk across business units. Risk management is built upon an organization’s ability to gather information and report on business risks. With accurate information and data on risk, managers can enhance their ability to make the right decisions for managing risk and executing corporate strategy. In this session, you will learn how to use risk information and data to drive decisions that can create lasting results in improving business performance. Track B
1:15 PMCreating An Enterprise Risk Management Framework That Encompasses The Diversity Of Today’s GovernmentIt is necessary to implement good corporate governance in order to be able to manage the associated risks with changing economies, environments and business situations. This session will outline how to effectively capture risks from each division within your organization; including the growing issues surrounding the environment and sustainability. 2:05 PMManaging Strategic And Operational RisksOrganizations have the need to assess and manage both strategic and operational risks across the enterprise. To do this effectively, it is necessary to understand the distinction between the two, the nature of each and the means required to implement both strategic and operational risk management. Enterprise-wide risk management is not only doing strategic management well or doing operational risk management well, but doing both together in an effective manner. 3:05 PMClosing Remarks: How To Get Started On Using Erm ForStrategy ExecutionCommunicating the relation between risk and strategy is essential in getting key stakeholders to understand the strategic importance of ERM. Out of proper communication, action can be inspired. In this session, you will learn the secrets behind driving the necessary actions for extracting the strategic utility out of ERM. 3:40 PMConference Concludes |
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