COURSE INTRODUCTION/DESCRIPTION
Strategy and Innovation Risk Management is a course designed to teach students the fundamental concepts and tools of strategic risk management and innovation. The course will cover risk identification, assessment, mitigation; innovation management; and strategic planning. Students will learn to develop effective strategies for managing risks and fostering innovation in their organizations. The course is intended for business professionals interested in developing strategic risk management and innovation skills.
LEARNING OBJECTIVES
- Understand the fundamental concepts and tools of strategic risk management and innovation.
- Develop effective strategies for managing risks and fostering innovation in your organization.
- Identify, assess, and mitigate risks associated with innovation and strategic planning.
- Understand the role of innovation in strategic planning and how to foster a culture of innovation in
your organization. - Develop a risk management plan that aligns with your organization’s strategic goals.
LEARNING OUTCOMES
- Develop an understanding of the fundamental concepts and tools of strategic risk management and
innovation. - Develop effective strategies for managing risks and fostering innovation in your organization.
- Identify, assess, and mitigate risks associated with innovation and strategic planning.
- Understand the role of innovation in strategic planning and how to foster a culture of innovation in
your organization. - Develop a risk management plan that aligns with your organization’s strategic goals.
COURSE OUTLINE
1. Introduction to Strategic Risk Management and Innovation
- Overview of strategic risk management and innovation
- Importance of strategic risk management and innovation in organizations
2. Risk Identification, Assessment, and Mitigation
- Identifying risks associated with innovation and strategic planning
- Assessing risks associated with innovation and strategic planning
- Mitigating risks associated with innovation and strategic planning
3. Innovation Management
- Understanding the role of innovation in strategic planning
- Fostering a culture of innovation in your organization
4. Strategic Planning
- Developing effective strategies for managing risks and fostering innovation in your organization
5. Developing a Risk Management Plan
- Aligning risk management plan with your organization’s strategic goals
BENEFITS OF TAKING THE COURSE
- Develop strategic risk management and innovation skills that can help you advance your career.
- Learn how to identify, assess, and mitigate innovation and strategic planning risks.
- Understand the role of innovation in strategic planning and how to foster a culture of innovation in
your organization. - Develop effective strategies for managing risks and fostering innovation in your organization.
TARGET AUDIENCE
This course is intended for business professionals who are interested in developing
their skills in strategic risk management and innovation. Also the following will
benefit immensely from the program:
- Chief Risk Officers of Organizations
- Board Members
- CEOs
- EDs
- GMs and Senior Management staff of Institutions
- Members of Governing Council of professional bodies
- Heads and Executives of Strategy Departments in organizations
- Business Leaders and Owners
- CEOs and executives of Not-For-profits
- Deans of Colleges and Universities
- Members of the Governing Council of Universities and Colleges
