Risk Assessment Workshop

To be effective, the management of risk must be based on a systematic, reliable and repeatable decision-making process for accurately assessing the organizations risks.  A key component of the process is a risk assessment workshop.

Frequently Asked Questions

Combines Learning and Teambuilding

The risk assessment workshop not only serves as the core activity in the Managing Uncertainty System, it also provides a wonderful combination of learning and teambuilding.

A workshop format enables participants to both contribute and learn in a natural environment.  Your team will gain a deep understanding of what your organization seeks to achieve, as well as a realistic view of the challenges and opportunities it faces.  You will also improve operational effectiveness and efficiency by being able to focus on what matters while encouraging proactive management with measurable results.

Ed Kempkey will facilitate your risk assessment workshop using his Managing Uncertainty System.  Efficiently delivered, it includes all the reference materials and support you need to implement and sustain a successful program.  The process includes:

Pre-Workshop Coaching call

This one-hour coaching call is for the individual(s) who will be taking a leadership role in ensuring the successful implementation of the Managing Uncertainty System.  Topics for discussion include: an introduction to the support resources that are available; how to articulate objectives; identifying the individuals who will be participating in the process.  An assignment will be given to complete in preparation for the next session

Virtual training session 1

In this first GoToMeeting session, the team will learn about a useful definition of risk and how it promotes improvement in business performance.  Topics covered include: a brief history of risk; the difference between risk and uncertainty; how to create value out of uncertainty, an overview of the Managing Uncertainty Process.  An assignment will be given to complete in preparation for the next session.

Virtual training session 2

In this second GoToMeeting session, the team will learn how to find, recognize and describe a risk.  Topics include: the connection between objectives and risk, how to identify risks and opportunities, how to get to the root cause of a risk.  An assignment will be given to complete in preparation for the risk assessment workshop.

On-site Risk assessment workshop

In this workshop the team will anonymously vote on the likelihood, consequences and effectiveness of controls for each risk, with further discussion where necessary until the group reaches consensus on the ratings.  The group will then discuss and decide on how to respond to each risk with the appropriate treatment, including the action plan, who will be responsible, and the due date for completion.

The deliverable is a ranked list of those risks that could accelerate or delay the achievement of your objectives, including the name of individuals who have the accountability and authority to manage each risk including SMART (specific, measurable, attainable, relevant, and time-based) action plans for doing so.

The risk assessment workshop not only serves as the core activity in the Managing Uncertainty System, it also provides a wonderful combination of learning and teambuilding.

Post-Workshop Coaching call

This follow up call is for the individual(s) who will be taking a leadership role in ensuring the ongoing success of your risk management program.  During this call we will discuss the best practices for an effective risk management program, how to benchmark your progress, and how to access additional resources to get the most out of your investment.

Learning opportunity

A well-structured workshop allows participants to examine risks from a range of perspectives, and learn from other experts and leaders in the room. Participants will have a heightened awareness of corporate objectives, and the landscape of internal and external risk environments.

Team building

Risk workshops are an excellent tool for promoting team building.  A risk workshop provides a “safe” environment to share perspectives and ideas and ensures equal opportunity for participants.  It is a great “get to know you” exercise for a recently established management team.

Efficient use of time

Risk workshops can be an effective way for a management team to cover a large amount of ground very quickly.  The focus on a defined agenda and use of facilitation techniques and risk management tools ensures that the discussion sticks to the highest-priority issues.

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