In the wake of the credit crunch, understanding the acceptable level of risk that your organisation will take to achieve its organisational objectives, your risk appetite, and understanding the amount of risk you are currently taking, your risk exposure, is critical to ensuring your organisation not only survives these tough economic times, but thrives through them.

To effectively manage and monitor the relationship between risk appetite and risk exposure, thus driving strategic execution, organisations need to move beyond traditional, siloed performance and risk management approaches and instead take an integrated and aligned approach.

By attending this one-day interactive workshop, attendees will gain insights into the Risk-based performance methodology. This methodology, which builds on the Balanced Scorecard and COSO frameworks, provides a proven approach to managing and monitoring strategic objectives, their risk appetite and risk exposure.

Undertaken well, Risk Appetite becomes a powerful means of providing direction to business managers. Performance targeting and capital allocation are improved. 

For Firms subject to Capital Adequacy regulation, definition and use of Risk Appetite is a core part of the requirements. 

This seminar will combine best practice and practical implementation. It will look at:

Taught by practising risk management professionals, with day-to-day experience and extensive knowledge of risk methodologies, the course participants will receive practical and interactive training on the BS31100 standard as well as its issues and challenges around its compliance.

In addition to reviewing the content of the BS31100 standard and how to achieve compliance, the course will also look closely at the Risk Management process including risk governance, strategy and appetite and how these apply to organisations. All participants will receive a copy of the standard as part of the course material.

Go to the events website

The main goal of the Strategic Performance Management and Balanced Scorecard Forum is to provide clear guidance and help organisations get results from their to Strategic Performance Management strategies or Balanced Scorecard solutions and to provide a networking opportunity to bring them in contact with those who can help them achieve their objectives.

This focused half-day event is relevant to private and public sector organisations embarking on a performance management strategy – or are looking to implement a Balanced Scorecard. It also benefits those who already have a performance management strategy in place and want to learn about current best practice  to improve on it.

Go to the event website

BS 31100:2008 Risk management. Code of practice is the UK’s first risk management standard. In the current recession, BS 31100 is more important than ever in helping businesses to managing threats and take advantage of new business opportunities.

Attend BSI's second annual risk management conference to see how other organizations are approaching risk management during the recession to manage potential threats and seize new business opportunities, despite limited resources.

Presentations

Always On, Always adding value? - Aligning Strategic Activities to drive execution - Andrew Smart / Mark Woodall, Manigent

 Enterprise Project and Portfolio Management - Kevin Leif, Microsoft

The Middle East Quality Association held their 2nd annual congress in Dubai on April 08. Manigent was invited to submit a academic paper on the Risk-based performance methodology and the research project which supported it. 

The Event white paper and presentation:

MEQA Congress 2008 - R-bp academic paper

MEQA Congress 2008 - R-bp presentation 

Under the heading 'future of operational risk management' Manigent was invited to submit a white paper and deliver a presentation at this event. 

Manigent white paper and presentation

In the future of operational risk management must be focused on strategic execution. Whilst recognising the importance of the more technical side, we believe that the operational risk agenda must be integrated with the strategic execution agenda to create value for the organisation. Integrating risk reporting and decision-making with regular, management reporting and decision-making is a critical first step to creating a strategic execution process and delivering value...

Future of Operational risk white paper

Future of Operational risk presentation

Balanced Scorecard Briefing June 14 2007  - Implementing the Balanced Scorecard when the CEO is too busy 

This Balanced Scorecard briefing was designed for practitioners involved in the implementation of Balanced Scorecards. A business-focussed event, it was an opportunity to hear from experienced professionals about overcoming practical implementation challenges. 

There was also a presentation from Microsoft about its performance management offering, PerformancePoint Server 2007.