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Managing Business Risk

Course Summary

Length
1.0 day
Course Overview

In this course, participants identify special risk-management considerations for specific types of businesses and industries.  You will learn how to develop a strategic approach to risk, which, when understood across the organization, and with commitment at the very highest level, can enhance a company's competitive advantage and contribute to the company's value. The course is filled with interactive exercises that will allow attendees to explore the intricacies of managing business risk.

Learning Objectives

Upon successful completion of this course, students will be able to:
Differentiate between traditional and contemporary risk management
Identify risk sources and an acceptable level risk
Categorize asset exposures
Identify risk-financing dimensions and the legal characteristics of insurance contracts
Identify the responsibilities of a contract manager and create and implement a business contingency plan

Topics Covered

Developing a risk management plan
Evolution of risk management
Risk management environment
Plan development and implementation
Risk identification and control
Risk identification
Risk evaluation and control
Risk classifications
Risk exposures
Risk categorization
Risk financing methods
Overview of risk financing
Risk transfer
Risk retention
Risk management
Contract management
Business contingency planning

CONTACT US

Avalon Foster Group, LLC
1300 Proline Place
Gettysburg, PA 17325
Call: 717-398-5066

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