Strategic Risk Management Course Outline

Unit 1: Establish your Team and Survey the Scene

• Introduction
• Defining Risk/ Strategic Risk; Risk Management; Enterprise Risk Management
• Defining Leadership in Risk Management
• Defining your Role in department and externally within University
• Meeting and working with your Risk Management Committee
• Risk Profile
• Using the ‘Risk Rating Form’ to assess program and facility risks

Unit 2: Assessing and Prioritizing Risks

• Determining the ‘Global department risks’ i.e. risks in other areas (e.g. finance, H.R., data etc.)
• Completing the online Best Practices survey on ‘Global Risks’
• Creating a Risk Map for the department
• Working with Risk Management Committee to prioritizing risks
• Exploring the concept of ‘residual risk’ and how it applies to decision making
• Creating a ‘Risk Rating & Control Grid’ for the department

Unit 3: Focusing on the Key Elements of the Risk Manager Job

• Reviewing the roles of the Risk Manager and Risk Management Committee
• Discussing the results from the ‘Global’ Best Practices survey
•  Developing a ‘Department Training Grid’
  • Identifying training needs, options and delivery mechanisms
  • Department vs. Unit training (global vs. local)

Unit 4: Defining your External Role; Pulling it all Together

• Risk Management in larger context
  • Campus Recreation and the University
• Identifying key campus relationships and identifying champions
• Meeting with the University Risk Manager
• Identifying ways to position department as a Risk Management leader
• Pulling it all together
  • Developing your department Risk Management Plan
  • Making a presentation to the Director and department
  • Getting endorsement for your plan – and your role as Risk Manager