Working without a Net - The Business of Risk Curriculum Outline
Risk Basics
Overview/Description
In todays management revolution, risk is an inherent factor. Your success depends upon an ability to understand and operate in a mine field where opportunities abound, but disaster could strike at any moment. Avoiding disaster is no longer left to luck, but is carefully controlled through risk management. The information presented in this course on risk and hedging techniques are vital survival tools for todays corporate environment. When the task is difficult and the risk is real, how comfortable are you? This course can bolster your management and leadership abilities by increasing your comfort level with risk management.
Target Audience
CEOs, CFOs, COOs, presidents, vice-presidents, team leaders, executives, risk managers, and decision-makers
Expected Duration
2.0 hours
Lesson Objectives:
A Primer on Risk
Recognize the value of risk management. Identify the historical techniques of risk management that originated in the Renaissance. Match the risk-related phrases with their appropriate definitions. Choose the role that regret plays in managing risk. Individual Risk-taking
Recognize the benefits of personal risk-taking. Choose the characteristics of a risk-taker. Specify the steps that enhance risk-taking abilities. Sequence the steps that prepare others to take risk. Risk in the Organization
Recognize the benefits of an organizational environment that promotes risk-taking. Identify the characteristics of a culture of risk. Specify how productivity is increased through risk. Identify the internal pressure areas that can become risk indicators in a company. Elements of Risk Management
Recognize the benefits of using the elements of risk management. Identify how time affects managing risk. Identify the uses of scenarios in managing risk. Identify the use of benchmarks in managing risk. Back to ListApproaches to Risk Management
Overview/Description
Whether you are investing in stocks, deciding what to eat, hiring an assistant, or merging corporate divisions, youre making decisions based on evaluating risks and benefits. When you need to make a difficult business decision, knowing the numbers can provide a clearer picture of your upside and downside. As an executive in todays explosive business world, your ability to take the right risk can mean the difference between an organizational win or disaster. The basics of analysis and assessment are presented in this course to help you improve your analytical ability in evaluating dangers so that you can lead your company to success.
Target Audience
CEOs, CFOs, COOs, presidents, vice presidents, managers, team leaders, executives, anyone involved in risk management and decision making
Expected Duration
2.0 hours
Lesson Objectives:
Evaluating Issues in Risk
Recognize the importance of utilizing risk evaluations. Identify the five dilemmas of risk evaluation. Identify the key concepts of uncertainty in risk management. Identify the three stages of risk assessment. Risk Analysis
Recognize the value of probability, surveys, samples, and statistics in risk management. Utilize probability to make predictions or a decision. Apply surveys and samples to gather information. Utilize statistical concepts to make informed decisions. Minimizing Financial Risk
Understand the benefit of knowing company finances. Identify the role of finance within a company. Understand income statements, cash-flow projections, and balance sheets. Identify the formula to calculate the break-even point. Controlling Risk Costs
Recognize the benefits of controlling risk. Identify the key components of a financial simulation model. Identify when to use opportunity cost. Utilize prediction error calculations to identify the potential or actual cost of mistakes. Back to ListDecisions and Risk
Overview/Description
Your success as an organizational leader depends on your ability to make decisions. Even though you may have extensive experience making tough business choices, a constantly changing business environment demands relentless skill improvement. This course sheds light on the decision-making process by moving from practical methodologies to decision-making intelligence. Build both quality and commitment into your decision-making process by incorporating the information in this course.
Target Audience
CEOs, CFOs, COOs, presidents, vice presidents, managers, team leaders, executives, and anyone interested in risk management and decision-making
Expected Duration
2.0 hours
Lesson Objectives:
Decision-making Basics
Recognize the benefits of using analytical processes in making decisions. Apply knowledge of steps to take for a methodical decision-making process. Match decision-making styles with their corresponding examples. Identify the strategies that enhance decisiveness in business situations. Making Informed Decisions
Recognize the benefit of reaching decisions by using analytical methods and creative thinking. Identify situations in which analytical methods have been used for strategic decision-making. Apply what he has learned to identify creative tactics for generating ideas for decision-making. Identify the strategies that illustrate the creative-thinking process of decision-making. Safeguarding Decisions
Recognize the benefits of safeguarding decisions. Identify situations where risk-reduction techniques decrease uncertainty in decision-making. Identify the appropriate uses of scenarios in decision-making. Identify strategies that cope with decision-making consequences for your staff. Time to Decide
Recognize the importance of actually making the decision. Identify the reasons to use team decision-making. Identify information that must be communicated when seeking support for a decision. Sequence the steps necessary to put a decision into action. Back to ListStrategic Planning and Risk Management
Overview/Description
Understanding how to excel in a climate of risk using strategic planning is crucial in todays business environment. This course will help you analyze where your business is going and how it should get there. This will help you successfully navigate the dangers inherent in risk taking. Minimizing your risk through strategic planning is planning for your success.
Target Audience
CEOs, CFOs, COOs, presidents, vice presidents, managers, team leaders, executives, anyone interested in risk management and decision making
Expected Duration
2.5 hours
Lesson Objectives:
Strategic Planning Primer
Recognize the value of strategic planning. Choose the key reasons to have a strategic plan. Identify common planning problems. Identify the four questions to ask to simplify the information-gathering process of strategic planning. Where Are We Now?
Recognize the benefits of understanding your current corporate standing. Identify the types of information to be included in a description of the business for a strategic plan. Identify the situations that illustrate what industry information should be conveyed in strategic plans. Identify the competitor information to be included in a strategic plan. Where Are We Going?
Recognize the value of understanding where the company is going. Sequence the steps for writing a mission statement. Identify the concepts of goal setting. Identify the characteristics of objectives. How Do We Get There?
Recognize the benefits of developing strategies. Identify what benefits the customer wants. Identify the situations that demonstrate the use of broad business strategies. Identify the steps to developing strategic plans. Back to ListRisk Strategies: The Cutting Edge
Overview/Description
This course explores seldom-discussed topics vital to your risk-taking strategies. Maintaining a balance between risk and recklessness depends upon your knowledge of business, people, and that little bit extra. That little bit extra in creativity and values can mean the difference between being at the cutting edge or falling off.
Target Audience
CEOs, CFOs, COOs, presidents, vice presidents, managers, team leaders, executives, anyone interested in risk management and decision-making
Expected Duration
2.5 hours
Lesson Objectives:
The Business Edge
Recognize the benefits of using cutting-edge business strategies. Identify the tactics for operating in a borderless economy. Identify the situations that illustrate managing-to-success. Identify the examples of how to create urgency in business. The Human Edge
Recognize the importance of human resource issues in risk-taking. Identify the examples of maximizing employee performance. Identify the examples of how to recruit the talent you need. Identify the ways to empower employees. The Creative Edge
Recognize the importance of creativity to risk-taking. Identify the activities that can lead to increases in personal creativity. Identify the examples of using the right side of the brain. Identify the examples of how continuous learning is good for business. The Ethical Edge
Recognize the benefits of values when taking risks. Identify the examples in which building trust improves the ability to do business and take risks. Select the examples of creating integrity in business. Choose the examples of commitment in todays work environment. Back to ListWorking without a Net: Decisions Simulation
Overview/Description
Risk is an inherent part of business. Every decision of every day is fraught with a degree of peril and consequence. To succeed, executives, managers, team leaders, and employees alike must each make viable choices, all without the safety of a net. The Working without a Net: Decisions Simulation has been designed to allow participants to practice making everyday decisions within the relative safety of a learning environment. Over the course of the simulation, participants will apply their decision-making skills to overcome a host of obstacles by decisively applying proven risk management strategies and analytical methods. Special emphasis will be placed on the participants ability to nurture a work environment that is open to and accepting of risk-taking. The Working without a Net: Decisions Simulation comprises four scenarios and is based on the SkillSoft series Working without a Net: The Business of Risk. Throughout the simulation links are provided to the following SkillSoft courses: PD0241, PD0243, and PD0245.
Target Audience
CEOs, CFOs, COOs, presidents, vice presidents, managers, team leaders, executives, anyone interested in risk management and decision-making
Expected Duration
0.5 hours
Lesson Objectives:
Working without a Net: Decisions Simulation
Promoting a culture of risk Utilizing the elements of risk management Applying the decision-making process Being decisive Using analytical methods to make informed decisions Safeguarding your decisions Back to List
Working without a Net - The Business of Risk
Having the right understanding of risk management can be essential in business survival. Every day,
simple decisions such as coffee orders need to be made right along with more complex issues like business mergers and
possible investments - but all of the decisions you make are based on the same principles of risk and reward. Even
though you may already be a competent decision maker, the demanding world of business is always changing and it’s important
to stay on top of new trends and information that will keep your skills honed and strong.
With CBT Direct’s Online Business Risk Management Course, professionals will get a handle on the often unmentioned topics
that can be important to their risk-taking tactics. Our online training will cover tips for improving risk assessment and
analysis skills that will help increase the chances of evading possible disaster. Your decisions need to be the best they
can be to ensure that your company or business continues to survive in the corporate pool of dangers and CBT Direct is
committed to teaching you the necessary skills to keep you swimming strong.
Benefits of CBT Direct’s Online Business Risk Management Course
CBT Direct boasts the most beneficial online training on the market. With CBT Direct’s online training, you have the
flexibility to study on your schedule, and with the speed and reliability of the internet, CBT Direct’s risk management
training course is accessible anywhere you have an internet connection. Convenience finally costs less with CBT Direct -
the most affordable online training solution today.
The unique design of CBT Direct’s risk management course emphasizes learner initiative, self-management and
experiential learning. CBT Direct’s online course design begins with the definition of user-focused performance
objectives and then proceeds to the selection and implementation of instructional strategies and learning activities
appropriate for those objectives. This effective instruction model for CBT Direct’s risk management training course
ensures the greatest level of comprehension and retention.
Who Benefits from CBT Direct’s Online Business Risk
Management Course
Our online training course is designed to help CEOs, presidents, and other executive management
that would like to learn and strengthen their risk assessment skills.
What Professionals Will Learn from CBT Direct’s Online Business Risk Management Course
Professionals will take trip back into time to learn about historical risk management techniques evolved during the
Renaissance. Our online training will cover how regret can affect the manner in which threats are managed and the definitions
for risk-related expressions. CBT Direct will examine personal and company risk-taking and their characteristics. Our course
will also take a look at the different elements recognized to have an affect on risk management, like time and benchmarks.
Our online training will consider risk assessment stages, dilemmas and concepts of doubt. Professionals will study
probabilities, predictions, surveys and statistics used to make an informed decision. CBT Direct will stress the need
for obtaining knowledge of your company’s financial projections and income statements. Additionally, our course will
cover the basic components of informed decision-making and also provide scenarios that will help the learner understand
how to reduce the amount of consequences and protect the decisions made.
Click here to see a detailed curriculum outline.
Professionals will evaluate the planning issues, processes and strategies involved with risk assessment. Our online
training will place emphasis on knowing where you’re company is, and where it wants to be so that you can use this information
to develop strategies for getting there. CBT Direct will also point out that there are many facets involved with risk taking
such as business, human, or creative edges.
Companies want to move forward and if they are too afraid of the implicated risks they can often be left behind. Our
online training contains all of the tools required for updating and improving risk assessment skills. These skills can
exponentially increase the chances of pulling through any setbacks that can come from trying new plans and/or corporate
progress in general. With CBT Direct’s Online Business Risk Management Course, Professionals will be prepared to face the
anticipated and unplanned stumbles along the road to success.
Working without a Net - The Business of Risk
