Description
Embark on a journey to transform risks into opportunities with our Ways to Grow Your Business Better course. This course is designed to empower you with the tools and confidence needed to manage and mitigate risks effectively, enabling you to turn uncertainties into strategic advantages.
At the outset, the course introduces you to the fundamental concepts of risk and risk management, helping you to understand the importance of identifying and assessing risks in any organizational or project context. You will learn about the COSO ERM framework and ISO 31000 standards, which provide structured approaches for managing risk across different sectors.
As you delve deeper, the course guides you through the process of conducting a thorough risk assessment. You will gain the skills to establish a risk management context, identify potential risks, and analyze their impact and likelihood. Practical exercises will help you design and complete basic risk assessments, determine appropriate responses, and plan mitigation strategies to manage these risks effectively.