Strategic Risk Management: Scenario Planning and Turbulent Business Environment

1 day | 8 academic hours
6 CPD units | 7 CPE hours
50 thousand clients,
150+ trainings,
25 years of leadership.

Who is this training for?
  • executives and managers involved in strategy development
  • managers who do not have specialized knowledge of the five sections of the program
  • business owners

Training program

What is strategic risk management?
  • Definition and objectives. COSO ERM 2017 model

How to identify risks?
  • Business case. Identifying business risks and analyzing cause-and-effect relationships using the "Bow Tie" tool

How to assess risks?
  • Risk map
  • Black swans and gray rhinos

How to respond to risks?
  • TARA (SARA) + P model
  • Risk management recommendations. The "ALARP" principle

Scenario planning as a response to a turbulent business environment
  • The main tool of scenario planning is scenario analysis
  • Tornado diagram
  • Examples of best practices and crisis simulations

What should you think about before a crisis? EY recommendations
Learning Objectives
  • Get to know the COSO ERM 2017 risk management model
  • Understand the difference between risk and uncertainty
  • Learn about the terms "black swans" and "gray rhinos" and understand the difference between them
  • Learn about risk management strategies
What will you get as a result of training?
  • 5 Risk Management Strategies
  • 6+ Models for Strategic Analysis and Planning
  • Professional advice from an expert trainer
  • EY Academy of Business Certificate
The training is conducted by business trainers of the EY Business Academy.

The trainers have extensive practical experience, as well as
international qualifications ACCA, ACCA DipIFR(Rus), CFA®, CIA®, CIMA®, DipIPSAS, IPMA®, MBA, MBTI®, PMP®, etc.
Participation formats
Schedule and cost
Need a consultation?
We will contact you
Almaty, Kazakhstan
Al-Farabi Avenue, 77/7
Esentai Tower Business Center, 050060
Email: academy@kz.ey.com
Tel.: +7 727 258 5960

Astana, Kazakhstan
16 Dostyk Street
Talan Towers Business Center, 010000
Email: academy@kz.ey.com
Tel.: +7 717 258 0400

Baku, Azerbaijan
153 Neftchilar Avenue
Port Baku Towers Business Center, AZ1010
Email: academy@az.ey.com
Tel.: +994 12 490 7020

Tashkent, Uzbekistan
Mustaqillik Avenue
Inconel Business Center, 100000
Email: academy@uz.ey.com
Tel.: +998 78 140 6482

Bishkek, Kyrgyzstan
125/1 Toktogul Street
Avangard Business Center, 720001
Email: academy@kg.ey.com
Tel.: +996 312 907 090
Corporate format
Aliya Isabaeva
Tel.: +7 702 737 9003
Aliya.Issabayeva@kz.ey.com
International Certifications
Nadezhda Kiseleva
Tel.: +7 705 119 3837
Nadezhda.Kisseleva@kz.ey.com
Open format
Sabira Komekova
Tel.: +7 702 166 6665
Sabira.Komekova@kz.ey.com
Contacts