Enterprise Risk Management ISO: 31000

Introduction

This training course enables individuals to comprehend fundamental concepts about Risk Management and understand the importance and benefits that can be obtained by this standard. Those who should attend are individuals who are interested in understanding the processes and strategies of Risk Management.

Being ISO 31000 certified means that you are protecting your organization from potential risks that could endanger the operational efficiency, governance, and stakeholders’ confidence. The ISO 31000 training course will provide support and allow you to identify opportunities, threats and risks. It will help strengthen and achieve the strategic objectives of your organization by establishing a risk-based system of values.

Benefits of ISO 31000 Risk Management

The implementation of ISO 31000 improves operational efficiency, governance, and stakeholder confidence in your organization, while minimizing losses and enhancing risk analysis and risk assessment capacities. It helps integrate a risk-based decision-making in the culture of your organization.

Moreover, the integration of the ISO 31000 framework within an organization ensures the consistency and the effectiveness of management across all its areas such as IT, HR, compliance, quality, health and safety, business continuity, etc.

It is important to mention that the ISO 31000 guidelines are applicable to any activity of an organization, and can be customized by any organization and its context. 

Certified ISO 31000 individuals involved in risk management process of an organization will enable the organization to:

• Gain competitive advantage – enhanced risk management will support achieving goals and objectives
• Reduce costs through proper risk management
• Respond to change effectively and find viable solutions
• Create and protect value
• Increase the likelihood of achieving objectives
• Productively identify the opportunities and threats
• Identify and mitigate the risk throughout the organization
• Gain stakeholder confidence and trust
• Create a consistent basis for decision making and planning

Why should you attend?

The ISO 31000 Risk Manager training course helps participants acquire the knowledge necessary and ability to integrate the risk management guidelines of ISO 31000 in an organization. It provides information with regard to the risk management principles and their application, as well as the core elements of the risk management framework and steps for a risk management process. In addition, it provides the basic approaches, methods, and practices for assessing risk in a wide range of situations.

Who should attend?

• Managers responsible for the effective management of risk in an organization
• Individuals seeking to gain knowledge about the risk management principles, framework, and process
• Individuals responsible for the creation and protection of value in their organizations
• Individuals interested in pursuing a career in risk management

Learning objectives

• Understand the risk management concepts, approaches, methods, and techniques 
• Learn how to establish a risk management framework in the context of an organization 
• Learn how to apply the ISO 31000 risk management process in an organization
• Understand the basic approaches, methods, and practices used to integrate risk management in an organization

Day 1

Introduction to Risk Management and ISO 31000

• Introduction and a brief history of Risk Management
• Presentation of the Risk Management standards
• Overview of the fundamental principles of Risk Management
• Risk Management model
• Assigning roles and accountabilities Establishing the Risk Management Project Team and drafting the Project Plan 

Risk Management Strategy and Acquisition

• Strategic alignment of risk related objectives with enterprise objectives
• Meeting stakeholder needs through benefits realization, risk optimization, and resource optimization
• Formulating a Risk Management strategy
• Effectively managing changes in business strategy which are due to the dynamic nature of a business environment
• Establishing a Risk Management strategy committee with the focus on offering advice on value, risk, and performance

Day 2

Acquisition – Balancing benefits opportunities, costs, and risks

• Preparing an acquisition and procurement process
• Calculation of benefits using financially oriented and non-financially oriented cost-benefit techniques
• Drafting and implementing cost optimization strategies

Introduction to Risk Management concepts as required by ISO 31000 guidelines

• Implementation of a Risk Management process
• Continuous improvement through frameworks
• Interoperability of diverse systems and organizations
• Risk management: identification, analysis and treatment of risk

Day 3

Resource Management, Conformance, and Human Behaviour

• Establishing an effective Human Resource Management
• Drafting and incorporating HR strategies
• Contract Management, Relationship Management, and Asset Management through SLAs and OLAs
• Management and governance of data
• Record and monitor risk resource utilization and availability
• Outsourcing practices: Onsite, Offsite, and Offshore
• Measure continuous performance of service delivery
• Governance of conformance to legal requirements and other standards
• Governance of human behaviour and management of organizational and cultural change

AKINJIDE OLUREMI AJEWOLE (B. Sc, Ch.FM, MNIM, CIPSCM, CIPCM, CIPMC)

Profession:   International Management Consultant and Corporate Trainer     

Nationality: Nigerian

Professional Qualification & Societies:

• Consultant International Institute of Purchasing and Supply Chain Management Institute, U.S.A
• International Partner Oxford Academic Union, Oxford, U.K
• Industrial and Production Engineering (B.Sc)

• (Member Chartered )Nigerian Institute of Management
• Chartered International Procurement and Contracts Manager, CIPCM
• Chartered International Enterprise Lead Risk Auditor
• Certified International Project Financial Management Consultant
•  

Relevant Facilitation Experience  

Experienced and accomplished International Finance Management Consultant, a Chartered International Industrial and Production Management Consultant (CIIPMC) with more than 15 years of success in program and project management in commercial and government contracting environments. Highly adept at defining and implementing best practices, standards, processes and tools to achieve objectives and goals. Proven track record of crafting and executing strategies that reduce costs, improve production, and increase profitability. Identify, prioritize, and resolve issues to optimize resources and time. Keen sense of business needs with exceptional aptitude for managing large-scale projects from inception to completion. Leverage strong analytical, collaborative and decisive leadership to capitalize on market opportunities and propel organizational growth.

• Facilitated Vendor, Procurement and Contracts negotiation training for NNPC Subsidiaries in Nigeria for effective contract flow down requirements for subcontractors and suppliers and developed compliance policies, documentation and standard operating procedures. Coordinated logistics and operations by through accurate and effective communication.
• Successfully trained PZ Cussons in Negotiation and Supplier Relationship management to improve productivity for over 500 brands
• Developed Federal Inland Revenue Service’s Maintenance , Repairs and operations contracts for maintenance department via technical professional facilities management training
• Consulted for Multi Choice Nigeria and achieved improvement in Fixed Asset Management efficiency (Nationwide)
• Trained members of staff of PPPRA on logistics and distribution/Supply Chain management in the Oil and Gas downstream sector for Oil and Gas depot.

SOME OF THE TRAINING COMPANIES AKINJIDE HAS FACILITATED COURSES FOR INCLUDES;

• Oxford Academic Union, Oxford, U.K
• Pebble Hills University, U.S.A
• American Certification Institute, Delaware, U.S.A
• International Purchasing and Supply Chain Management Institute, Delaware, U.S.A
• Kimberly Ryan
• Nigerian Institute of Management

Akinjide’s skill set includes but is not limited to:

■        Advanced Project Management cost control

■        Advanced Procurement contracts negotiation

■        Supply Chain Management

■        Strategic Pricing and Contracts Management

■        Advanced Budgeting and business risk analysis

■        Demand and Supply Forecasting management

■        Operations and process Improvement Management

■        Advanced Strategic Business and Systems Analysis Management

■        Basic and Advanced Financial Management and Accounting

■        Health, Safety, Environment, Security and Quality Management

■        Business Development and Marketing Management

■        Six Sigma Green and Black Belt

■        ISO 31000 Enterprise Risk Management

■        Logistics and Supply Chain Management

■        Advanced and Basic Warehouse and Stores Management (Stock planning and Stock Control)

■        Effective Time Management

■        Facilities and Maintenance Management

■        Procurement and Strategic Negotiation Skills

■        Procurement and Purchasing Management

General Consulting Experience

• Facilitated the setting up of the first Nigerian Computer Technical and Installation centre for secondary schools, Borno State. 650 participants were trained in the process
• Facilitated the Risk Management training of NNPC/NAPIMS and NIPEX senior members of staff on Contracts, Procurement and Supply Chain Management course.

• Facilicare Services Limited
• Sahara Group Limited
• Charms plc (JCCC/GTE)
• Emjay Nigeria

Educational Qualifications

• Industrial and Production Engineering (B.Sc)             
•  Certified Maintenance Manager (CMM)
• Chartered Facilities Manager (CH.FM)
• International Purchasing and Supply Chain Management Institute, Delaware, U.S.A (International Procurement Consultant) ( 2012)
• American Certification   Institute, Delaware, U.S.A (Country Consultant)2012
• Chartered Institute of Purchasing and Supply (UK)(Member) 2010
• International Association of Safety Professionals(Advanced Certificate in Occupational Health and Safety Management)2010
• International Association Of Safety Professionals (Professional Certificate in Occupational Health and Safety Management) 2010
• International Facility Management Association(Council Member)2010
• Nigerian Institute of Management(CHARTERED)(Certificate in Management) 2006
• University of Ibadan, Oyo State (Industrial and Production Engineering)(B.SC)(1999-2005)
•  Methodist Boys’ High School, Victoria Island, Lagos (WAEC) (1991-1996)