COURSE OBJECTIVES
By the conclusion of this program, attendees will be able to:
- Improve comprehension of operational effectiveness & risk control.
- Offer academic perspectives on the workings of operations & risk.
- Cultivate hands-on expertise in identifying, evaluating & minimising risks.
- Encourage a forward-thinking approach to managing risks.
- Build self-assurance in manoeuvring through unpredictable business settings.
- Execute successful strategies for minimising risks.
TARGET AUDIENCE
- Supervisors at an intermediate level.
- Analysts in business tasked with spotting inefficiencies.
- Risk management professionals wanting to broaden their understanding of operational processes.
- Workers in industries with high levels of risk such as finance and healthcare.
- Leaders promoting a culture centred on operational effectiveness.
- Individuals in leadership roles interested in enhancing risk awareness across organisations.
COURSE OUTLINE
DAY 1: EFFICIENT OPERATIONS & RISK CONTROL
- Exploring the workings of operations and risk.
- Spotting operational drawbacks.
- Evaluating risks in processes & Crafting plans to manage risks.
- Applying steps to enhance operations.
- Tracking & judging the success of risk management actions.
DAY 2: PLANS TO MITIGATE RISKS
- Creating thorough risk management blueprints.
- Enforcing precautionary measures & Formulating backup plans.
- Embedding resilience in operations.
- Educating staff on risk management protocols.
- Adapting risk plans based on feedback & experiences.
DAY 3: EARLY RISK DETECTION
- Identifying different risk types & performing detailed risk evaluations.
- Ranking risks by seriousness & likelihood.
- Using tools & methods for risk assessment.
- Recording discoveries & outcomes.
- Sharing risk evaluation results with stakeholders.
DAY 4: IMPROVING OPERATIONAL PROCESSES
- Scrutinising current processes for inefficiencies & Pinpointing areas to enhance.
- Applying optimisation strategies to processes.
- Simplifying workflows & protocols.
- Utilising technology for process streamlining.
- Tracking key metrics to gauge process efficiency.
DAY 5: NAVIGATING CHALLENGING BUSINESS SCENARIOS
- Grasping external factors influencing operations & Predicting shifts in the business environment.
- Devising flexible strategies to tackle obstacles.
- Introducing adaptability into operational strategies.
- Collaborating with partners to address uncertainties.
- Effectively communicating during uncertain times.
