Chief_Risk_Officer_Risk_Aware_Culture_ERM_Framework_Key_Risk_Indicator_Risk_Tolerance_Risk_Workshop_Risk_Corporate_Profile_Quality_Assurance_Modern _Control_Systems_Just_In_Time_Materials_Requirement_Planning_BSI_TQM_ISO_Benchmarkiin Enterprise Risk Management (ERM) and Modern Quality Systems - Leading to Diploma – Postgraduate in Enterprise Risk Management (ERM) and Modern Quality Systems (Quad Credit), Accumulating to Postgraduate Diploma, Progressing to MA, MBA, MSc # 132 Enterprise Risk Management (ERM) and Modern Quality Systems (MQS) Enterprise Risk Management (ERM) and Modern Quality Systems (MQS) (Quad Credit) P. 1 Chief_Risk_Officer_Risk_Aware_Culture_ERM_Framework_Key_Risk_Indicator_Risk_Tolerance_Risk_Workshop_Risk_Corporate_Profile_Quality_Assurance_Modern _Control_Systems_Just_In_Time_Materials_Requirement_Planning_BSI_TQM_ISO_Benchmarkiin Enterprise Risk Management (ERM) and Modern Quality Systems - Leading to Diploma – Postgraduate in Enterprise Risk Management (ERM) and Modern Quality Systems (Quad Credit), Accumulating to Postgraduate Diploma, Progressing to MA, MBA, MSc Enterprise Risk Management (ERM) and Modern Quality Systems (MQS) Enterprise Risk Management (ERM) and Modern Quality Systems (MQS) (Quad Credit) P. 2 Chief_Risk_Officer_Risk_Aware_Culture_ERM_Framework_Key_Risk_Indicator_Risk_Tolerance_Risk_Workshop_Risk_Corporate_Profile_Quality_Assurance_Modern _Control_Systems_Just_In_Time_Materials_Requirement_Planning_BSI_TQM_ISO_Benchmarkiin Enterprise Risk Management (ERM) and Modern Quality Systems - Leading to Diploma – Postgraduate in Enterprise Risk Management (ERM) and Modern Quality Systems (Quad Credit), Accumulating to Postgraduate Diploma, Progressing to MA, MBA, MSc Course Co-ordinator: Prof. Dr. R. B. Crawford – Director HRODC Postgraduate Training Institute PhD (London), MEd. M. (Bath), Adv. Dip. Ed. (Bristol), PGCIS (TVU), ITC (UWI), MSCOS Member of the Asian Academy of Management - MAAM, Member of the International Society of Gesture Studies - MISGS Member of the Academy of Management - MAOM, LESAN, Visiting Professor Polytechnic University of the Philippines – PUP For Whom This Course is Designed This Course is Designed For: Enterprise Risk Managers Chief Risk Officers Directors of Risk Management Risk Professionals Risk Modelling Experts Risk Managers Risk Management Team Participants Chartered Enterprise Risk Analyst and other Risk Professionals Chief Financial Officers Chief Operating Officers Chief Actuaries Senior Executives Board Directors P. 3 Chief_Risk_Officer_Risk_Aware_Culture_ERM_Framework_Key_Risk_Indicator_Risk_Tolerance_Risk_Workshop_Risk_Corporate_Profile_Quality_Assurance_Modern _Control_Systems_Just_In_Time_Materials_Requirement_Planning_BSI_TQM_ISO_Benchmarkiin Enterprise Risk Management (ERM) and Modern Quality Systems - Leading to Diploma – Postgraduate in Enterprise Risk Management (ERM) and Modern Quality Systems (Quad Credit), Accumulating to Postgraduate Diploma, Progressing to MA, MBA, MSc Regulators and Rating Agency Analysts Internal and External Auditors Investment Professionals Business Managers Business Continuity Coordinators Business Operations Managers Disaster Recovery Professionals Corporate Strategy Staff Asset Liability Management Professionals Anyone new to ERM within financial services Duration: 4 Week (20 days) Cost: £16,000.00 + VAT (Government Tax) Per Delegate for UK Delivery £20,000.00 + VAT (Government Tax) Per Delegate for non-UK European Delivery £20,000.00 Per Delegate for Non-European Delivery (No VAT - Government Tax) Cost includes: Continuous refreshments, Hot Lunch, Stationery, Course Guide and Supplement, HRODC Postgraduate training Institute’s Diploma – Postgraduate - or Certificate of Attendance and Participation Course runs from 9:30 to 4:30 pm. Location: Central London and International Locations Schedule - Part 3: http://www.hrodc.com/Course_Schedule_Part_3_Oil_Tanker_Operations_STCW_Trade_Pro motion_KSFs_KPIs_Public_Sector_Reforms_HVAC_HVAC_and_R_Value_Engineering_Cou rses.htm Click to book this course: http://www.hrodc.com/Course_Booking_Form_London_Dubai_Kuala_Lumpur_Paris_Johann esburg_Cairo_Jeddah_Abu_Dhabi_Kuwait_MBA_MSc_MA_Course.htm P. 4 Chief_Risk_Officer_Risk_Aware_Culture_ERM_Framework_Key_Risk_Indicator_Risk_Tolerance_Risk_Workshop_Risk_Corporate_Profile_Quality_Assurance_Modern _Control_Systems_Just_In_Time_Materials_Requirement_Planning_BSI_TQM_ISO_Benchmarkiin Enterprise Risk Management (ERM) and Modern Quality Systems - Leading to Diploma – Postgraduate in Enterprise Risk Management (ERM) and Modern Quality Systems (Quad Credit), Accumulating to Postgraduate Diploma, Progressing to MA, MBA, MSc Course Programme for Enterprise Risk Management (ERM) and Modern Quality Systems (MQS) Leading to Diploma - Postgraduate in Enterprise Risk Management and Modern Quality Systems (Quad Credit) Module I: Overview Enterprise Risk Management: An Introduction and Overview What is Enterprise Risk Management? Drivers of Enterprise Risk Management Future of ERM and Unresolved Issues Brief History of Risk Management Introduction Risk Management in Antiquity After the Middle Ages The Past 100 Years ERM and Its Role in Strategic Planning and Strategy Execution Rising Expectation for Strategic Risk Management Integrating Risk into Strategic Planning Creating a Strategic Risk Mindset and Culture Building a Strategic Risk Assessment Process The Role of the Board of Directors and Senior Management in Enterprise Risk Management Introduction Governance Expectations for Board Oversight of Risk Management Delegation of Risk Oversight to Board Committees Formalising Risk Management Process Senior Executive Leadership in Risk Management The Role of the Internal Audit Function in ERM External Audit as an Independent Source of Key Risk Identification ERM Implementation Strategies Module II: ERM Management, Culture and Control Becoming the Lamp Bearer: The Emerging Roles of the Chief Risk Officer The Origins of the CRO The CRO as Compliance Champion The CRO as Modelling Expert P. 5 Chief_Risk_Officer_Risk_Aware_Culture_ERM_Framework_Key_Risk_Indicator_Risk_Tolerance_Risk_Workshop_Risk_Corporate_Profile_Quality_Assurance_Modern _Control_Systems_Just_In_Time_Materials_Requirement_Planning_BSI_TQM_ISO_Benchmarkiin Enterprise Risk Management (ERM) and Modern Quality Systems - Leading to Diploma – Postgraduate in Enterprise Risk Management (ERM) and Modern Quality Systems (Quad Credit), Accumulating to Postgraduate Diploma, Progressing to MA, MBA, MSc The CRO as Strategic Controller The CRO as Strategic Advisor Which CRO Role to Play? Creating a Risk Aware Culture The Importance of Culture Elements of a Risk-Aware Culture How to Create a Risk-Aware Culture What does Risk management have to do? ERM Frameworks Introduction to the ISO Risk Management Framework Elements of an ERM Framework Risk Management Process Mandate of Commitment to the ERM Framework Risk Management Policy (RMP) Integration of Risk Management and Resources for ERM Communication, Consultation, and Reporting Accountability Continuous Improvement Identifying and Communicating Key Risk Indicators (KRIs) Introduction What is a Key Risk Indicator? Practical Applications Value of KRIs to Risk Management Design Principles Implementation Considerations Module III: ERM Tools and Techniques How to Create and Use Corporate Risk Tolerance Introduction What is Risk Tolerance? Why is Setting Risk Tolerance Important? What are the Factors to Consider in Setting Risk Tolerance? How Can Your Organisation Make Risk Tolerance Useful? P. 6 Chief_Risk_Officer_Risk_Aware_Culture_ERM_Framework_Key_Risk_Indicator_Risk_Tolerance_Risk_Workshop_Risk_Corporate_Profile_Quality_Assurance_Modern _Control_Systems_Just_In_Time_Materials_Requirement_Planning_BSI_TQM_ISO_Benchmarkiin Enterprise Risk Management (ERM) and Modern Quality Systems - Leading to Diploma – Postgraduate in Enterprise Risk Management (ERM) and Modern Quality Systems (Quad Credit), Accumulating to Postgraduate Diploma, Progressing to MA, MBA, MSc How to Plan and Run a Risk Management Workshop Introduction What is a Risk Workshop? Why Use Workshops? How to Conduct a Risk Workshop Preparation Execution Techniques for Planning and Facilitating Effective Risk Workshops How to Prepare a Risk Profile Introduction Definition of and Uses of a Risk Corporate Profile Common Types of Corporate Risk Profile Advantages and Disadvantages of Information Gathering Methodologies How to prepare a “Top 10” Risk Profile How to Allocate Resources Based on Risk Risk Policy and a Centre of Excellence for Risk Management The Consequence Domain Risk-Based Business Processes and Organisational Considerations Concepts, Methods, and Models Enabling Risk Identification, Evaluation, Mitigation, Prioritization and Management Information Requirements and Challenges Measure of Effectiveness for Continuous Improvement Quantitative Risk Assessment in ERM Introduction Risk Assessment: Four Alternative Approaches Aggregating Probabilities and Impacts Total Corporate Risk: An Illustration Incorporating Risk Quantification in the Business Planning Process Sensitivities and Scenarios Module IV: Types of Risk Market Risk Management and Common Elements with Credit Risk Management Credit Risk Management Operational Risk Management Risk Management: Techniques in Search of a Strategy Managing Financial Risk and its Interaction with Enterprise Risk Management P. 7 Chief_Risk_Officer_Risk_Aware_Culture_ERM_Framework_Key_Risk_Indicator_Risk_Tolerance_Risk_Workshop_Risk_Corporate_Profile_Quality_Assurance_Modern _Control_Systems_Just_In_Time_Materials_Requirement_Planning_BSI_TQM_ISO_Benchmarkiin Enterprise Risk Management (ERM) and Modern Quality Systems - Leading to Diploma – Postgraduate in Enterprise Risk Management (ERM) and Modern Quality Systems (Quad Credit), Accumulating to Postgraduate Diploma, Progressing to MA, MBA, MSc Bank Capital Regulation and Enterprise Risk Management Legal Risk Post SOX and the Subprime Fiasco: Back to the Drawing Board Financial Reporting and Disclosure Risk Management Handouts: Special Topics and Case Studies Rating Agencies Impact on Enterprise Risk Management Enterprise Risk Management: Current Initiatives and Issues Establishing ERM Systems in Emerging Countries The Rise and Evolution of the Chief Risk Officer: Enterprise Risk Management at Hydro One Modern Quality Systems 1. Quality: A Definition 2. Clients’ Quality Consciousness 3. The Law And Development of Quality Assurance 4. Using quality as a tool to: a . Create a positive or g a n is a t i o n a l i m a g e b. Lower operational costs c. Reduce or avert product or service liability litigation 5. Modern control systems 6. Management Information System 7. Computerised Information systems 8. Information speed 9. Information retrieval 10. Management accounting system 11. The Import- conversion –export process 12. The import process 13. The conversion process 14. The export process 15. Operational control system 16. Service operation 17. Process scheduling P. 8 Chief_Risk_Officer_Risk_Aware_Culture_ERM_Framework_Key_Risk_Indicator_Risk_Tolerance_Risk_Workshop_Risk_Corporate_Profile_Quality_Assurance_Modern _Control_Systems_Just_In_Time_Materials_Requirement_Planning_BSI_TQM_ISO_Benchmarkiin Enterprise Risk Management (ERM) and Modern Quality Systems - Leading to Diploma – Postgraduate in Enterprise Risk Management (ERM) and Modern Quality Systems (Quad Credit), Accumulating to Postgraduate Diploma, Progressing to MA, MBA, MSc 18. Loading 19. Sequencing 20. Detailed scheduling 21. Inventory control 22. Cost control 23. Quality control 24. Controlling utilisation of organisational resources 25. Co-ordaining as a control mechanism 26. Mutual adjustment 27. Direct supervision 28. Standardisation of work process 29. Standardisation of input-skills, knowledge and attitudes 30. Standardisation of output 31. Organisational structure as a control function 32. Communication dissemination 33. Decision making involvement 34. The ‘IN’ inventory 35. The ‘OUT’ inventory 36. The ‘JIT’ inventory system 37. The KANBAN System 38. Establishing quality objectives 39. Stating precise objective 40. Setting quality objectives in relation to other organisational objectives 41. Relating objectives to specific actions 42. Pinpointing expected results 43. Specifying when goals are expected to be achieved 44. Distinguishing between strategic, tactical and operational quality objectives 45. Establishing a ‘quality-throughput accounting balance’ 46. Continuous Improvement Programme 47. Just-In-Time (JIT) Compared With Material Requirements Planning (MRP) 48. JIT Vs MRP: Component & Material Sourcing Strategy 49. The quality benefits of JIT vs. MRP P. 9 Chief_Risk_Officer_Risk_Aware_Culture_ERM_Framework_Key_Risk_Indicator_Risk_Tolerance_Risk_Workshop_Risk_Corporate_Profile_Quality_Assurance_Modern _Control_Systems_Just_In_Time_Materials_Requirement_Planning_BSI_TQM_ISO_Benchmarkiin Enterprise Risk Management (ERM) and Modern Quality Systems - Leading to Diploma – Postgraduate in Enterprise Risk Management (ERM) and Modern Quality Systems (Quad Credit), Accumulating to Postgraduate Diploma, Progressing to MA, MBA, MSc 50. The quality issues involved in JIT and MRP 51. Kaizen Or Continuous Improvement 52. Modern Quality Systems 53. The British Standard Institution (BSI) as an International Quality Assessment Body 54. The fundamental principles of Total Quality Management (TQM) 55. Implementing and Monitoring TQM 56. What is the International Organisation for Standardization (ISO) 57. What 'international standardization' means 58. How ISO standards benefit society 59. The hallmarks of the ISO brand 60. ISO and world trade 61. ISO and developing countries 62. How to recognize an ISO standard 63. The big, wide world of ISO standards 64. What makes ISO 9000 and ISO 14000 so special 65. What makes conformity assessment so important 66. ISO9000 as a quality framework 67. The ISO9000 Family 68. ISO 1400: An Introduction 69. Planning, Establishing & Monitoring Quality Systems 70. The perceptual value of quality assurance 71. Establishing quality assurance from quality objectives 72. Quality Benchmarking 73. Guidelines for achieving quality: a. Philip B. Crosby, b. W. Edwards Deming, c. Joseph M. Juran, d. Shigeo Shingo, e. Armand V. Eeigenbaum 74. Quality and internal and external environmental analysis 75. Quality and strategic operational review 76. Incremental quality improvement P. 10 Chief_Risk_Officer_Risk_Aware_Culture_ERM_Framework_Key_Risk_Indicator_Risk_Tolerance_Risk_Workshop_Risk_Corporate_Profile_Quality_Assurance_Modern _Control_Systems_Just_In_Time_Materials_Requirement_Planning_BSI_TQM_ISO_Benchmarkiin Enterprise Risk Management (ERM) and Modern Quality Systems - Leading to Diploma – Postgraduate in Enterprise Risk Management (ERM) and Modern Quality Systems (Quad Credit), Accumulating to Postgraduate Diploma, Progressing to MA, MBA, MSc 77. Identifying areas for quality improvement 78. Communication for quality improvement 79. Researches and Development for Quality Improvement P. 11 Chief_Risk_Officer_Risk_Aware_Culture_ERM_Framework_Key_Risk_Indicator_Risk_Tolerance_Risk_Workshop_Risk_Corporate_Profile_Quality_Assurance_Modern _Control_Systems_Just_In_Time_Materials_Requirement_Planning_BSI_TQM_ISO_Benchmarkiin Enterprise Risk Management (ERM) and Modern Quality Systems - Leading to Diploma – Postgraduate in Enterprise Risk Management (ERM) and Modern Quality Systems (Quad Credit), Accumulating to Postgraduate Diploma, Progressing to MA, MBA, MSc Synopsis of Diploma – Postgraduate, Postgraduate Diploma and Postgraduate Degree Regulation PPoossttggrraadduuaattee D Diipplloom maa aanndd D Diipplloom maa –– PPoossttggrraadduuaattee:: T Thheeiirr D Diissttiinnccttiioonn aanndd A Asssseessssm meenntt R Reeqquuiirreem meenntt Courses of 5 days duration (30 hour direct lecturer contact) but less than 3 months (360 hours direct lecturer contact), will, on successful assessment, lead to the Diploma – Postgraduate. This means a single credit at Postgraduate Level. While a 6-day and 7-day course also lead to a Diploma – Postgraduate, they accumulate 36 hours and 42 hours, respectively. Delegates and students who fail to gain the required level of pass, at Postgraduate Level will receive a Certificate of Attendance and Participation. The Certificate of Attendance and Participation will not count, for cumulative purpose, towards the Postgraduate Diploma. Courses carry varying credit values; some being double credit, triple credit, quad credit and 5-credit, etc. These, therefore, accumulate to a Postgraduate Diploma. As is explained, later, in this document, a Postgraduate Diploma is awarded to students and delegates who have achieved the minimum of 360 hours direct tutor contact, within the required level of attainment. Because of the intensive nature of our courses and programmes, assessment will largely be incourse, adopting differing formats. These assessment formats include, but not limited to, in-class tests, assignments, end of course examinations. Based on these assessments, successful candidates will receive the Diploma – Postgraduate, or Postgraduate Diploma, as appropriate. In the case of Diploma – Postgraduate, a minimum of 70% overall pass is expected. In order to receive the Award of Postgraduate Diploma, candidate must have accumulated at least the required minimum ‘credit-hours’, with a pass (of 70% and above) in at least 70% of the courses taken. Delegates and students who fail to achieve the requirement for Postgraduate Diploma, or Diploma Postgraduate - will be given support for 2 re-submissions for each course. Those delegates who fail to achieve the assessment requirement for the Postgraduate Diploma or Diploma - Postgraduate - on P. 12 Chief_Risk_Officer_Risk_Aware_Culture_ERM_Framework_Key_Risk_Indicator_Risk_Tolerance_Risk_Workshop_Risk_Corporate_Profile_Quality_Assurance_Modern _Control_Systems_Just_In_Time_Materials_Requirement_Planning_BSI_TQM_ISO_Benchmarkiin Enterprise Risk Management (ERM) and Modern Quality Systems - Leading to Diploma – Postgraduate in Enterprise Risk Management (ERM) and Modern Quality Systems (Quad Credit), Accumulating to Postgraduate Diploma, Progressing to MA, MBA, MSc 2 resubmissions, or those who elect not to receive them, will be awarded the Certificate of Attendance and Participation. D Diipplloom maa –– PPoossttggrraadduuaattee,, PPoossttggrraadduuaattee D Diipplloom maa aanndd PPoossttggrraadduuaattee D Deeggrreeee A Apppplliiccaattiioonn R Reeqquuiirreem meennttss Applicants for Diploma – Postgraduate, Postgraduate Diploma and Postgraduate Degrees are required to submit the following documents: Completed Postgraduate Application Form, including a passport sized picture affixed to the form; A copy of Issue and Photo (bio data) page of the applicant’s current valid passport or copy of his or her Photo-embedded National Identity Card; Copies of credentials mentioned in the application form. A Addm miissssiioonn aanndd E Ennrroollm meenntt PPrroocceedduurree On receipt of all the above documents we will make an assessment of the applicants’ suitability for the Programme for which they have applied; If they are accepted on their Programme of choice, they will be notified accordingly and sent Admission Letters and Invoices; One week after the receipt of an applicant’s payment or official payment notification, the relevant Programme Tutor will contact him or her, by e-mail or telephone, welcoming him or her to HRODC Postgraduate Training Institute; Non-European Students will be sent immigration documentation, incorporating a Visa Support Letter. This letter will bear the applicant’s photograph and passport details; Applicants will be notified of the dates, location and venue of enrolment and orientation; Non-UK students will be sent general information about ‘student life’ in the UK and Accommodation details. P. 13 Chief_Risk_Officer_Risk_Aware_Culture_ERM_Framework_Key_Risk_Indicator_Risk_Tolerance_Risk_Workshop_Risk_Corporate_Profile_Quality_Assurance_Modern _Control_Systems_Just_In_Time_Materials_Requirement_Planning_BSI_TQM_ISO_Benchmarkiin Enterprise Risk Management (ERM) and Modern Quality Systems - Leading to Diploma – Postgraduate in Enterprise Risk Management (ERM) and Modern Quality Systems (Quad Credit), Accumulating to Postgraduate Diploma, Progressing to MA, MBA, MSc M Mooddeess ooff SSttuuddyy ffoorr PPoossttggrraadduuaattee D Diipplloom maa C Coouurrsseess There are three delivery formats for Postgraduate Diploma Courses, as follows: 1. Intensive Full-time Mode (3 months); 2. Full-time Mode (6 month); 3. Video-Enhanced On-Line Mode. Whichever study mode is selected, the aggregate of 360 hours direct lecturer contact must be achieved. C Cuum muullaattiivvee PPoossttggrraadduuaattee D Diipplloom maa C Coouurrsseess All short courses can accumulate to the required number of hours, for the Postgraduate Diploma, over a six-year period from the first registration and applies to both general and specialist groupings. In this regard, it is important to note that short courses vary in length, the minimum being 5 days (Diploma – Postgraduate) – equivalent to 30 hours direct lecturer contact, representing one credit. Twelve 5-day short courses, representing twelve credits or the equivalent of 360 hours of lectures are, therefore, required for the Award of Postgraduate Diploma. A six-day course (Diploma – Postgraduate) is, therefore, equivalent to 36 hours direct lecturer contact, representing one credit. Therefore, ten short courses, of this duration, equates to the required 360 hours of lectures, qualifying for the Award of Postgraduate Diploma. While double-credit courses last between ten and fourteen days, triple-credit courses range from fifteen to nineteen days. Similarly, quad-credit courses are from sixteen to nineteen days. On this basis, the definitive calculation on the Award requirement is based on the number of hours studied (aggregate creditvalue), rather than merely the number of credits achieved. This approach is particularly useful when a student or delegate studies a mixture of courses of different credit-values. For those delegates choosing the accumulative route, it is advisable that at least two credits be attempted per year. This will ensure that the required number of credit hours for the Postgraduate diploma is achieved within the six-year time frame. P. 14 Chief_Risk_Officer_Risk_Aware_Culture_ERM_Framework_Key_Risk_Indicator_Risk_Tolerance_Risk_Workshop_Risk_Corporate_Profile_Quality_Assurance_Modern _Control_Systems_Just_In_Time_Materials_Requirement_Planning_BSI_TQM_ISO_Benchmarkiin Enterprise Risk Management (ERM) and Modern Quality Systems - Leading to Diploma – Postgraduate in Enterprise Risk Management (ERM) and Modern Quality Systems (Quad Credit), Accumulating to Postgraduate Diploma, Progressing to MA, MBA, MSc PPrrooggrreessssiioonn ttoo PPoossttggrraadduuaattee D Deeggrreeee –– M MA A,, M MB BA A,, M MSScc On the successful completion of the Postgraduate Diploma, delegates may register for the Masters Degree, after their successful completion of Course #7: Research Project: Design, Conduct & Report. The Delegates’ Degree Registration Category will be dictated by the courses or modules studied at Postgraduate Diploma Level. The categories relate to Master of Business Administration (MBA); Master of Arts (MA) Master of Science (MSc); Executive Master of Business Administration (Executive MBA). Additional details are provided below. Terms and Conditions HRODC Policy Terms and Conditions are Available for viewing at: http://www.hrodc.com/COSTS.htm Or Downloaded, at: http://www.hrodc.com/Brochure_Download_Centre.Company_Brochures_Seminar_Brochures_Sem inar_Schedule.htm The submission of our application form or otherwise registration by of the submission of a course booking form or e-mail booking request is an attestation of the candidate’s subscription to our Policy Terms and Conditions, which are legally binding. P. 15