INTEGRATED RISK MANAGEMENT AND ORGANIZATIONAL SUSTAINABILITY

INTRODUCTION 
Complex and uncertain business environment is not a new phenomenon to the business world.  Organizations are exposed to a wide range of risks strategic, operational, financial, regulatory, environmentally, and even reputational. To achieve long-term success and sustainability, organizations must adopt an integrated approach to risk management that supports strategy, performance, and resilience. 

This two-day training is designed to help participants understand how integrated risk management supports organizational sustainability. The training goes beyond theory, focusing on practical tools and leadership actions that help organizations anticipate risks, respond effectively to change, and embed risk awareness into everyday decision-making. Participants will gain insights into aligning risk management with strategy, governance, and sustainability objectives. 
 

COURSE OBJECTIVES 

By the end of this training, participants will be able to: 

• Understand the concept of integrated risk management 

• Identify and assess key risks across the organization 

• Link risk management to strategy and performance 

• Strengthening governance and accountability for risk 

• Support organizational sustainability and resilience 

• Apply risk management tools in real business situations 

• Improve risk-informed decision-making 
   

COURSE OUTLINE 

Module 1: Understanding Integrated Risk Management 

• What integrated risk management means 

• Evolution from traditional to integrated risk approaches 

• Benefits of integration for organizational performance 

• Common risk management challenges 

Module 2: Risk, Strategy, and Organizational Sustainability 

• Linking risk management to strategic objectives 

• Understanding sustainability in a risk context 

• Balancing risk, opportunity, and performance 

• Long-term value creation 

Module 3: Risk Governance and Leadership 

• Roles of the board and senior management 

• Risk ownership and accountability 

• Risk committees and governance structures 

• Leadership behaviors that support risk culture 

Module 4: Risk Identification Across the Organization 

• Identifying strategic, operational, financial, and compliance risks 

• Emerging and external risks 

• Tools and techniques for risk identification 

• Understanding interdependencies between risks 

Module 5: Risk Assessment and Prioritization 

• Assessing likelihood and impact 

• Risk scoring and prioritization 

• Risk appetite and tolerance 

• Focusing on what matters most 

Module 6: Risk Response and Control Strategies 

• Risk treatment options: avoid, reduce, transfer, accept 

• Designing effective controls 

• Integrating controls into business processes 

• Cost–benefit considerations 

Module 7: Integrating Risk Management into Operations and Projects 

• Embedding risk into daily operations 

• Risk management in projects and initiatives 

• Performance monitoring and risk indicators 

• Using risk information for decision-making 

Module 8: Risk Culture and Organizational Behavior 

• Understanding Risk Culture 

• Encouraging risk awareness and ownership 

• Communication and training 

• Overcoming resistance to risk management 

Module 9: Sustainability, Resilience, and Emerging Risks 

• Environmental, social, and governance (ESG) risks 

• Climate and sustainability-related risks 

• Business continuity and resilience 

• Preparing for future uncertainties 

Module 10: Building an Integrated Risk Management Action Plan 

• Translating learning into practical actions 

• Developing a roadmap for integration 

• Measuring effectiveness and continuous improvement 

• Key success factors for sustainable risk management.