In a dynamic business environment, understanding and managing risks effectively is crucial for sustainable growth and performance. This course equips you with the skills and knowledge to benefit from the potential of ERM, fostering a culture of informed decision-making and strategic resilience.

ERM helps management better understand their risks and offers a structured framework for managing or mitigating these risks. This course emphasizes the principle of “know your business,” underscoring the importance of recognizing and addressing risks. By the end of this course, you will be empowered to make smart risk and return-based decisions, allocate capital to areas with better risk and return benefits, and cultivate a no-surprise culture within your organization.

Applicable for: 

• Risk Management Professionals: Enhance your strategic risk management capabilities.
• Business Managers: Align risk management with business strategy for better decision-making.
• Internal Auditors: Gain a comprehensive understanding of ERM to improve audit processes.
• Strategic Planners: Integrate ERM principles into strategic planning for optimized outcomes.

Engage with peers through interactive sessions, case studies, and group discussions, and leave with actionable insights to transform your organization’s risk management practices.

Learning Objectives
By the end of this course, participants should be able to:

• Understand the Major Benefits of ERM Frameworks: Recognize how improved business performance and decision-making transparency result from a comprehensive view of risk management.
• Make Informed Risk and Return Decisions: Learn to make strategic decisions based on a balanced evaluation of risks and returns.
• Optimize Capital Allocation: Apply capital to areas with optimal risk and return benefits to enhance organizational performance.
• Ask the Right Questions: Become adept at questioning uncertainties to fully understand opportunities and associated risks.
• Utilize Risk Management Tools: Integrate risk management tools into your strategic planning process to optimize outcomes.
• Challenge and Validate Information: Develop the skill to critically assess and challenge expert information to ensure robustness.
• Develop a Supportive Culture: Foster traits such as courage, humility, self-control, and passion within your organization.

Content
The topics in this seminar include:

• Benefits of ERM Frameworks: Improved business performance and decision-making transparency.
• Risk Awareness and Management: Techniques to understand, manage, and mitigate risks.
• Strategic Decision-Making: Smart risk and return-based decision-making processes.
• Capital Allocation: Strategies to apply capital in areas with better risk and return benefits.
• Cultural Development: Cultivating supportive traits within the organization.

Seminar Instructor: Chris Wyman

What to Expect

• Two emails will be sent from CPA Manitoba following your registration: one to confirm your order and one including information on how to access the course through your Learning Hub. 
• Once sent, these emails can also be found in the Communication tab of your CPA Manitoba Member Portal.
• Course materials, links and credentials can be found in your Learning Hub no less than two business days prior to the seminar. 
• This is a Live Virtual seminar where class size has been limited to allow for an interactive learning environment. 
• This seminar will not be recorded. 
• Live webinars have varying levels of expected interaction, with many requiring webcam and microphone capabilities. If you have concerns about the interaction required for this course, please email [email protected]. 

CPA Manitoba PD Terms and Conditions