Identifying and Managing Emerging Strategic and Operational Risks and Using Data Analytics

Live Webinar : Identifying and Managing Emerging Strategic and Operational Risks and Using Data Analytics to Change a Business Model When: Friday May 28, 2021 - 01:00 PM Duration: 90 Minutes.

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Operational Risk Management is tasked with recognizing and managing day- o-day risks as well as keeping their eye on emerging events. How to recognize any emerging risk can be difficult. What to do when a risk is emerging or has just recently emerged is even more difficult yet. The key may not be to predict what is going to happen but instead to be excellent at recognizing quickly when risks have emerged and then to react appropriately.
This webinar combines operational and strategic risk management principles together. These two risks are intertwined and through our discussions we will gain an understanding of the unique relationship between the two. More importantly we will discuss each individual risk in depth so that the differences are explored before we unite them in our management approach to controlling risks. In addition to the focus on these two risk families, we add the value of data analytics.
Areas Covered in the Session:
Recognizing data,
Aggregating data,
Strategy techniques based on data analysis,
How to bring it al together,
How to improve results through proper data analysis.
How to recognize emerging risks,
Best ways to quantify their impact,
Create tools to monitor and provide insights via reporting to senior management and the Board of Directors.
Specifically, we will discuss techniques for recognizing risks: