Advanced Risk Management

The changing nature of the modern world means that there are increasing numbers of risk scenarios that cannot be managed within that framework.

Failures of national infrastructure (such as the power-failure in north India that left 600 million people without electricity); collapse of international banking IT systems, which could leave individuals and organisations with no cash or working capital; natural disasters, terrorism, pandemics, political instability, social unrest are all factors that are out of the risk manager’s control, can be triggered and escalate to potentially catastrophic levels with no warning, and which, in terms of their potential consequences, can create challenges that are beyond the capabilities of classical risk management to either model or respond to.

SMi's masterclass hosted by David Rubens Associates, using full real-life examples will look at the changing nature of the modern risk environment, and introduce cutting-edge academic and practitioner-based models of risk management that create a new range of risk management tools appropriate to the changing and emerging threats. It will also examine the organisational capabilities that will be required to respond to these challenges, and the ways in which organisations can create in-built flexibility and resilience that will bring benefits across all aspects of their operations.

Keywords: risk assessment, security officers, managing a corporate crisis, security for the coporate world, advanced risk managment, corporate risk management