business and risk management
min £36 GBP / hour
Qs about the the Subject
This first theme sets the scene for your studies of the module Business and Risk Management. By defining and exploring the concept of business risk management (BRM); you’ll learn why it is important for an organisation to have a strategic approach to business risk and to establish robust risk management systems that provide clear policies, procedures for training and risk assessments to enable effective identification, evaluation and control of any business risk.
You will also explore how business risk management relates to both corporate social responsibility (CSR) and internationally recognised management standards.
Many of you may have already been involved with risk management activities and in undertaking risk assessments for specific areas such as Health and Safety or individual projects. Whilst this will be of valuable experience in undertaking this module — and you will indeed call upon this experience — you will be required to think more holistically across all potential risk areas that could face an organisation.
No organisation operates in isolation of others and each organisation will potentially have many and varied risks. Business risk management is considered to be a strategic process which should aid decision making at all levels within an organisation. It is about getting organisations to look more holistically across all aspects of their activities and to take an integrated approach to manage the business risks.
By having an improved understanding of all potential risks and opportunities within an organisation, you are better placed to manage adverse impacts (through eradication or minimisation), improve performance, seize business opportunities and gain a competitive advantage to enable the organisation to continue operating effectively.
The first stage of any BRM strategy is to be aware of and assess the magnitude of the effect your organisation is having socially, environmental and economically on a local and global scale.
Organisations are becoming increasingly aware of the need for socially responsible behaviour and are subject to greater scrutiny by various stakeholders, including customers or consumers, workers and their trade unions, local, regional and global communities, investors/financiers, other companies, government/regulators.
An important factor to consider in addressing the management of business risk is to have a full understanding of all the stakeholders that could be affected by an organisation’s activities. An integrated approach to managing the organisation's activities and impacts is required if it is to effectively manage its risks.
some of the Qs example: Define, explain, discuss and critically appraise the steps involved with risk management.
Project ID: #8924469
About the project
11 freelancers are bidding on average £38/hour for this job
Having worked in the field of Enterprise Risk Management for past 6 years, I am well placed to take up this assignment. I have been closely involved in defining, deploying and auditing enterprise risk management system More
I’m currently self employed Project Manager . My clients frequently commend me for being able to effectively manage time, consider multiple perspectives and lead effective teams.
I am a : - business graduate from a leading university in Canada - Earned two destinations in the field of RM, CRM (Certified Risk Manager) and ERM (Enterprise Risk Management)