Webinar: fastTrack - Risk maturity and communicating the value of risk managemen

This will be a live streamed session, please use the following link to join.
https://attendee.gotowebinar.com/register/569400103692897036

The session is aimed at providing an overview of the journey an organisation should take to achieve a level of risk management maturity that allows it to articulate true value.  This value can be both quantitative and qualitative in nature and can be used to provide key internal and external stakeholders an understanding of the benefits derived using the lenses of business performance and compliance.  The key elements of an effective risk maturity model will be covered demonstrating how different levels of maturity can affect a business in terms of operational performance  and governance.  We introduce a good practice example in which the regulator and regulated parties work together well to progress risk management maturity.  The TCOR (Total Cost of Risk) approach will be demonstrated which provides a means of quantifying risk management benefits which in turn will help in achieve key stakeholder buy-in to the risk management process.  The theory will be supported with an overview of real case studies showing how improved risk maturity derives real benefits. 

By the end of the session, you will be able to:

• Explain the definition of risk maturity.
• Summarise the use and benefits of risk maturity models.
• Illustrate the meaning of Total Cost of Risk (TCOR).
• Demonstrate how a TCOR formula can be derived to demonstrate value from effective risk management.
• Conclude how risk maturity and TCOR approaches are applied in practice through the use of case studies.

Speakers

Tom Teixeira, Risk Practice Leader, Arthur D. Little

Marcus Beard, Risk Practice, Associate Director, Arthur D. Little