Enterprise Risk Management Program ( Case Study Approach)

2 days workshop

INTRODUCTION

In order to be an effective Risk Mitigation in Strategy Planning, you need to have the heart of an entrepreneur and professional. This course will help to provide you with an environment that stimulates proactive behavior in order to achieve greater goals for yourselves and your organization. Real-current problematic Risk Mitigation Strategy Planning cases will be analyzed and scenario solutions will be provided under the guidance of Dr. Steven Liew.

COURSE OBJECTIVES                                                                                                                                   
By the end of this course you will be able to:

  • To instill the habit of anticipation with regard to identifying possible project problems , uncertainties, and contingencies

  • To produce Risk Management Register which itemizes and assesses the risks, risk triggers, risk responses, and response implementation

  • Projects: Opportunities vs  Risk

  • Risk Management – Strategy to Execution

  • Risk – Strategy

  • Risk Categories

  • Risk - Quantification / Qualification

  • Case Studies on Risk Mitigation Strategy Planning Program

METHODOLOGY

Case Study & Group Discussion. 

WHO SHOULD ATTEND

Entrepreneurs, Financial analyst, Risk Analyst, Project Managers, Bankers, Accountants, Business Managers, Marketing Managers and all those who want to master the skills of Risk Mitigation in Strategy Planning Program .

Special Feature: NOTE: Please bring laptop along

PROGRAMME OUTLINE

Day 1

Module 1: Overview of Risk Management

  • What is Risk?

  • Why Do We Need Risk Management?

  • What is ISO31000 Foundation?

  • How Do We Manage Risk?

Module 2: Risk Management Structure

  • Framework of Risk Management Department 

  • Define Risk Reporting Structure

  • What is Matured Risk Based Organization?

  • Risk Management Framework

  • Risk Management Process

Module 3: Be a Business Turnaround Risk Specialist (Case Study) 

Objective: determine on how to make more profit or from losing to profit making strategy

  • Asset conversion (conversion of assets to cash or profit)

  • Collection (Focus on collection & debt recovery) 

  • Cost reduction (review all aspects of costs drivers)

  • Revenues (review all aspect of revenue drivers)

  • Purchasing policy (focus on top 5 key suppliers; focus on fast moving items, etc)

Module 4: Thinking Out Of The Box Risk Specialist ( Case Study) ( all sector)

Objective: using think out of box strategies to overcome business failure & financial uncertainties 

  • Company facing business & financial uncertainties & failure 

  • Strategies to overcome it

  • Think out of the box

    • Defensive strategy

    • Offensive strategy

    • Desperate strategy


Day2

Module 5: Risk Modelling Skills (Case Study) (all sector)

Objective: identified company risks (operational, competitors, financial, legal & human capital); quantify it. do a cost & benefit analysis & make recommendation on risk improvement strategies

  • Analyzing the potential risks facing an organization

  • Mitigating controls 

  • Weight the financial impact 

  • Cost/benefit decision analysis

  • Risk Model software

Module 6: Risk Maturity Assessment

  • Matured Risk Based Organization

  • How Do We Conduct Risk Maturity Assessment

  • The Summary of Assessment Criteria

Module 7: Integrated SWOT Risk Analysis (Case Study) (all sector)

Objective: review SWOT of companies. create 4 matrix strategies as below. Eg, capitalized on company internal strength to create external opportunities

  • SO (strengths-opportunities) Strategies 

  • WO (weaknesses-opportunities) Strategies 

  • ST (strengths-threats) Strategies

  • WT (weaknesses-threats) Strategies

Module 8: Skillful in Risk Financial Planning & Forecasting (Case Study) ( all sector)

Objective: assess project evaluation & its risk. Consider to accept or reject the project or business proposal after factor in all financial & quality considerations

  • Forecasting Relevant Project Cash Flows 

  • Project evaluation Techniques – Payback, NPV, IRR 

  • Excel applications – using the payback, NPV and IRR functions 

  • Accepting or Rejecting Projects

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Dr Steven Liew is a fellow member of the Chartered Institute of Management Accountants, UK and is a Chartered Accountant by profession. He has an Asia Pacific Executive MBA (for senior executives) from the National University of Singapore and a PhD in international finance with Rushmore University of USA. 

Dr Liew had worked in private sector companies, ranging from family-run businesses to professionally manage multi-national corporations in South Asia and the ASEAN region. He has accumulated more than 30 years working experience in senior financial & operational management positions spearheading the profitability and growth of companies. He has worked for the MBF Finance & its related group of companies over the 10 years period

He is a registered Trainer with the Government Human Resources Development Berhad (Pembangunan Sumber Manusia Berhad). And he is a GST Tax Consultant and had successfully completed the Custom examination

Dr Steven Liew had conducted various seminars for corporate clientele including Association of Credit Management Malaysia, Chartered Institute of Management Accountants, Malaysia Institute of Management, Malaysia Institute of Accountants, Institute of Bank Bank Malaysia, Nestle,  IQPC Worldwide Pte Ltd , Singapore,  Lexis Nexis,, Proton Edar Malaysia , Brunei Investment Agency, Small Medium Industries Development Corporation , Ministry of Development, Brunei , BICPA Asean Management, Brunei,   Risda Group Of Companies,  Sales & Marketing Training  Forum, Sri Lanka, Giant Retail Sdn Bhd,  Telekom Brunei & Ministry of Foreign Affairs, Malaysia, Sabah Electricity Sdn Bhd,  Bank Islam Brunei Darussalam. Continental Tyres, Sime Darby Bhd ,Sony Malaysia Sdn Bhd , Perodua Sdn Bhd & Credit Guarantee Corporation (M) Bhd; Fujixerox, UDA Holdings, SPNB, Diners Club, Elk Desa Capital Bhd, Antah Schindler, UCSI & Ministry of Finance; Seccom Sdn Bhd; Bridgestone Chemical Products (M) Sdn Bhd; Dialog Group Bhd; SEDCO, KK ; Hosiden Electronics (M) Sdn Bhd; STO Maldives; Indah Water Consortium Sdn Bhd; CPA Australia (M) Sdn Bhd

He is currently providing management consultancy and training specialising in GST, Forecasting , Fast closing monthly,  leadership, Strategic Planning, budgeting, accounting, finance, Cost reduction, credit management & loan recovery.

Testimonials for Past Participants

 “Learnt the ability in costing risks & its financial impact “-JudeThaddeus Ak George, Manager, Information Communication Technology

 “Learnt the ability to identify risk issues in quantitative method & how to resolve it. The risk tools are very useful “-Azilla Binti Abdul Rahman, Manager, Planning and Scheduling

 “Trainer is very expert on his field. Instructor showed the interactive way of teaching by linking Financial Risk Analysis Using Ratios in making business decision”- Salmi Nadia Bt Dato Mohd Hilmey, Director Risk Management

 “ERM training was highly interactive with active group discussion”- Marina Banggan, Manager, Human Capital Resources 

Strategic Planning for Senior & Top Management

Advanced Business Acumen Management

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