The Complete Enterprise Risk Management (ERM) Master Class!

Your Real Comprehensive guide to ISO 31000 & COSO Framework. Finally, ERM Simplified & its Secrets revealed!

4.05 (124 reviews)
Udemy
platform
English
language
Compliance
category
instructor
4,084
students
5.5 hours
content
Mar 2024
last update
$59.99
regular price

What you will learn

Enterprise Risk Management

Crisis Management

Business Strategies

ISO 31000

COSO Framework

Business Continuity and Resilience

Risk Identification, Assessment, and Treatment

Description

There was a wrong common thought that Risk Management is a secondary activity or function and not that important. Believers and followers of that school used to say that corporates should focus their time and efforts on revenue-generating activities only. In their views, those activities that need to be given too much importance are:

Sales, Logistics, Marketing and Finance not Risk Management. In the last two decades, we have seen many crisis and risks that made many big and famous companies go bankrupt and vanish from our business world due to lack of Enterprise risk management. Those cascading risks and crisis and their impacts on businesses turned the table on the followers of the old though.

Did you hear about a company called Kodak?

Kodak dominated the Photography business for so long and it was manufacturing the films for the old cameras. Its films were the most famous and trusted ones in all studios all over the world. New digital cameras were introduced in the market which was a great competition “RISK” to KODAK. Kodak neglected that risk as they weren’t competent with Risk Management.

Guess what was the result?

Kodak is not existing any more after dominating the whole world!

I bet you are not one of those people who used to say that “Risk Management” is not important, that’s why you are reviewing my course right now!

Congrats, you are on the right path to safeguard and secure your company’s assets and operations!

That course will teach you the whole cycle of Enterprise Risk Management step by step!


Topics Covered are:

- Nature and Causes of Risk

- Risk types

- Risk appetite & attitudes

- Importance & Effectiveness of ERM

- ISO 31000

- COSO Framework

- Setting the context of ERM

- Risk identification / Event identification

- Risk assessment, Mapping, Analysis & Evaluation

- Risk Treatment, Actions & strategies

- Risk Communication and Reporting

- Monitoring, Reviewing & Documenting ERM

- Role of Insurance Companies in ERM

- ERM Information Systems & Software

- Credit Rating Agencies

-Real life ERM examples


I hope you will enjoy the course and can’t wait to start that journey with you!




Content

Introduction

Table of Contents
Course Introduction
Tutor Introduction
What You Expect Out of this Course

Nature and Causes of risks

Nature of risk
Natural causes of risks
Competition Causes
Change in Demand for the Product
Human Causes of Business Risk
Change in Government Policies
Mismanagement Causes
Cash Flow Causes
Employee-Related Issues

Risk Types

Introduction to Risk Types
Strategic Risk - (Kodak & Xerox)
Compliance Risk
Operational Risk
Financial Risk
Reputational Risk
Security and Fraud Risk
Economic Risk
Competition Risk
Physical Risk
Human Risk

Quick Wins

Don’t totally eliminate risk
Residual Risk and ALARP Concept
A contingency plan
The marketplace
Financing to start or continue a project
Labor disputes
KEY RISK INDICATORS (KRIs)
Case Scenario - Risks

Risk Appetites & Attitudes

How Much Risk is too Much Risk?
Risk Appetite
Risk Attitudes
Covid-19 is changing our Business!

Importance & Effectiveness of ERM

Importance of ERM
Effectivness of ERM
Let's Communicate and come together!

Setting the context of ERM

Let's start the hard work
ISO 31000 Framework
COSO Framework
First Assessment

Risk Identification / Event Identification

What is Risk Identification?
How to Identify Risks?
Hazard and Operability (HAZOP)

Risk Assessment, Mapping, Analysis & Evaluation

What is Risk Analysis?
Sources of Information & Risk Analysis Techniques
Risk Evaluation

Risk Treatment, Actions & Strategies

Risk Treatment
Risk Mapping
How To Apply and Choose Risk Treatment?
Assign Risk Ownership

Risk Communication and Reporting

Risk Communication
Risk Register
Importance of Risk Communication
Risk Management Reporting

Monitoring, Reviewing & Documenting Risk Management Process

Monitoring and Review
Measuring Risk Management Performance
Recording the Risk Management Process

ERM & Corporate Social Responsibility CSR!

CSR, Creative Accounting, and ERM
Corporate Social Responsibility CSR
Creative Accounting

Role of Insurance Companies in ERM

Role of Insurance Companies
Risk Pooling
How Insurance Works?
Insurable Risk vs Uninsurable Risk

ERM Information Systems & Softwares

Risk Management Information Systems
Benefits and Advantages of Risk Information Systems
Selecting Your Risk Management Software

Credit Rating Agencies

What Is a Credit Rating?
Factors Affecting Credit Ratings
Why Credit Ratings Are Important for Risk Owners?

Real Past Bankruptcies Due to Lack of Risk Management

Toys "R" Us (1948 – 2017)
Borders Co (1971 – 2011)
Compaq (1982 – 2002)
General Motors (1908 – 2009)

Investement Appraisal and ERM

Mergers and Acquisition and ERM
Areas to be Analyzed by ERM Team
Final Assessment

Multiple Lectures

Crisis Management
ERM & Covid-19
Covid-19 & Enterprise Risk Management

Wrapping Up and Conclusion

Wrapping Up and Conclusion
Wrap Up
Conclusion on ERM

Formats & PDFs Bank

Formats & PDFs Bank

Screenshots

The Complete Enterprise Risk Management (ERM) Master Class! - Screenshot_01The Complete Enterprise Risk Management (ERM) Master Class! - Screenshot_02The Complete Enterprise Risk Management (ERM) Master Class! - Screenshot_03The Complete Enterprise Risk Management (ERM) Master Class! - Screenshot_04

Reviews

Shameer
September 21, 2023
Yes Alhamdulillah its a very useful course. I have come accross all the scenarios to handle in my university where we are undergoing OAAA Quality Audit visit. Thanks and Regards Shameer
Omkar
August 23, 2023
This course has introduced me to the real life examples in terms of Enterprise Risk Management. Thank you!
Muhammad
April 17, 2023
More tools and techniques could have been talked about. Overall its a good course for people who are just starting off from scratch
Ali
November 24, 2022
taking this course is a good match for me, because i am assigned to head the new risk committee in my company it is adding knowledge
Miguel
July 1, 2022
It is a good course but... it had a few repetitive subjects and the risk of that is getting bored. Not disrespect. I wish you went in more detail about ISO31000 with some practice examples and same with ERM. I don't know, maybe you have a more advance course which cover my point. But, after all it was good to a least get a little idea about ERM and refresh some aspects. Thank you Sir.
Gabriel
March 28, 2022
Excelente experiencia!! You have to visit us!! Seriously, I felt the time was insuficient to cover other topics in this subject.
Samo
January 24, 2022
Great course, too much efforts put into it. Glad to have come across it as it teaches the whole cycle of ERM step by step from scratch!
Yensin
November 24, 2020
Greetings Sameh, Best health and family wishes. This was a great course with practical examples. I am glad about the knowledge and skills I received. However, to make the course better; It will be nice to include a sample risk register, risk report, and contingency plan. This would guide the risk managers to implement effective ERM systems. Thanks again for sharing your knowledge. Kind regards, Yensin
Akhaba
September 23, 2020
YES IT WAS. AM EYE OPENER. REVEALING. IT SHOULD BE RECOMMENDED TO ALL MANAGERS IN ALL ORGANIZATION. THIS RISK MANAGEMENT SHOULD BE PRACTICE TO GAIN GLOBAL ACCEPTANCE INTO THE ARCHITECTURE OF ANY ORGANIZATION RATHER THAN JUST AN INTEGRAL MANAGEMENT SYSTEM.
Ahmed
August 27, 2020
Excellent course! It’s an eye-opener about the enterprise risks and ways of treatments. Thanks a lot sir!
CHAKER
July 8, 2020
Great course, simplified the concepts of Risk Management after I thought it's a very complicated topic.
Shaymaa
July 7, 2020
Really well-planned course and easily understood. It answered many questions that I used to have.Thank you sir!

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3285126
udemy ID
6/30/2020
course created date
5/27/2021
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