Are you ready for uncertainty?
Practical applications for your risk assessment process in managing
business disruption
13 April 2016
Course description
Organisations face the constant need to manage risks amid global uncertainty, which
could potentially escalate within a short span of time to catastrophic levels. A broadranging Enterprise Risk Management (ERM) framework is essential to check that risks
and threats are managed effectively to reduce any potential impact on your business
and operations.
KPMG ERM curriculum series
This course, “Are you ready for uncertainty”, is one of eight modules in KPMG’s ERM
curriculum series that will explore the basics of risk and risk management.
The course curriculum is designed to be interactive and practical where participants
assess their organisation’s risk management practices. By understanding how this can
bring value to your business, you will also learn to implement an effective and
sustainable risk assessment process.
1
ARE YOU READY
FOR UNCERTAINTY
2
Identifying and managing
‘disruptive business risks’
3
RISK BASED
STRATEGY
Finding the right appetite to
transform risk into value
4
Steering your organisation
towards sustainable growth
5
MANAGING RISKS IN
PUBLIC SECTOR
BUILDING A GLOBAL RISK
REPORTING FRAMEWORK
Provide insightful and impactful
risk reports to your stakeholders
RESILIENCE AND
CONTINUITY
Building business resilience by
preparing for the unexpected
6
ERM insights and good practices
tailored to the public sector
7
CALCULATED RISK
TAKING
MANAGING RISKS IN
MEGA PROJECTS
Manage and reduce ‘surprises’
in your mega projects
8
ERM AND DATA
ANALYTICS
Use data and quantification to
provide additional risk insights
Course outline
Topic
Introduction to risk
and risk
management
Content overview
• Warm-up exercise – Getting into the ‘risk’ mindset
• What is risk, uncertainty and risk management? – Introduction of key
concepts
• Why risk management? – Global and local call for better governance and
risk management
• How are others doing it? – Risk management standards and good practices
• How to look out for ‘signals of change’? – Identifying emerging risks
• Case study and group discussion – Identifying internal and external risks
Risk assessment and
monitoring
• How do we understand and analyse risks? – Assessing causes,
consequences and mitigation efforts
• How do we monitor risk? – Establishing and using ‘early warning’ indicators
• Case study and group discussion – Understanding risks in your
organisation
Facilitating risk
discussions with
stakeholders or
management
• How do I gather the right input? – Key stakeholders to involve in risk
identification and assessment
• Essential tips and tricks to facilitate successful risk discussions – Critical
success factors for effective risk discussions
• Role-play exercise – Facilitating risk discussions
Sustaining ERM in
your organisation
• How do I embed ERM in my organisation? – Risk governance, culture and
ERM operating models
• How do I provide the right risk information to management and the
Board? – Concise and insightful risk reports
• How do I derive a fruitful and sustained ERM journey? – ERM critical
success factors and common ‘pitfalls’
Quiz
• Quiz to reinforce learning outcomes through the use of polling technology
with real-time results to generate feedback
Learning methods
Participants are engaged through a variety of learning methods such as interactive and educational
exercises, while learning from practical real-life case studies.
Video presentations
Polling exercises
Real-life scenarios
discussions
Case studies
Quizzes / tests
About the speakers
Irving Low
Head of Risk Consulting, KPMG in Singapore
Irving is a Partner with KPMG Advisory LLP in Singapore and heads the
Risk Consulting practice locally and in Indonesia. He has over 23 years of
experience with KPMG, having worked in the London and Singapore
offices.
Irving is also the Head of Markets in Singapore, and a member of the
firm’s Senior Management Executive Committee. He oversees the firm's
overall market strategy in all the areas of practices and services, in audit,
tax and advisory. He also oversees the branding and marketing activities
in this role.
In addition, Irving is a member of the Institute of Singapore Chartered
Accountants (ISCA) Governance Committee and a member of the
Internal Audit Committee for the Singapore Accountancy Commission
(SAC). He also sits on the Governing Council of the Singapore Institute of
Directors (SID) as a board member and is an Adjunct Associate Professor
with the Nanyang Business School.
Edouard Bertin-Mourot
Director, Enterprise Risk Management, Risk Consulting
KPMG in Singapore
Edouard heads KPMG’s Enterprise Risk Management Practice (ERM) in
Singapore, with more than 11 years of experience on risk management
locally and globally.
He has assisted a wide-range of large private and public sector
organisations in Singapore in developing and sustaining governance and
risk management programmes. These include defining ERM operating
models, establishing ERM strategy and governance, setting of risk
appetite and tolerance levels, performing risk assessments, designing
and conducting change management programmes and setting up risk
management functions.
Edouard’s professional experience also includes the planning,
development and conduct of crisis management and business resilience
exercises, most notably for the Beijing 2008 Olympic Games.
In addition, Edouard has led numerous seminars for senior management
and MBA graduates on governance and ERM. He also spearheads the
ERM thought leadership programme in the Singapore office.
© 2016 KPMG Services Pte. Ltd. (Registration No: 200003956G), a Singapore incorporated company and a member firm of the KPMG network of
independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved. Printed in Singapore.