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Online Training 2016 - The Integration of Enterprise Risk Management (ERM) and Enterprise Performance Management (EPM). - By Compliance Global Inc

Date2016-01-12

Deadline2016-01-12

VenueOnline Training, USA - United States USA - United States

KeywordsERM and EPM; Risk management plan; Performance reviews

Websitehttps://complianceglobal.us/product/7001...

Topics/Call fo Papers

Speaker: Gary Cokins
Gary Cokins is an internationally recognized expert, speaker, and author in enterprise and corporate performance management improvement methods and business analytic. He is the founder of Analytics-Based Performance Management, an advisory firm located in Cary, North Carolina at www.garycokins.com. Gary received a BS degree with honors (Tau Beta Pi) in Industrial Engineering/Operations Research from Cornell University in 1971. He received his MBA with honors (Beta Gamma Sigma) from Northwestern University's Kellogg School of Management in 1974.
Overview
There is increasing attention regarding the “overlap” of enterprise risk management (ERM) and enterprise performance management (EPM). The former refers to key risk and control indicators (KRIs and KCIs) and the latter to key performance indicators (KPIs). How do they fit together and produce synergy?
The past decade has demonstrated that the initial ERM focus on identifying, monitoring, and avoiding potential threats was too narrow, and ERM programs ended up disconnected from the value creation cycle. More recently, executives are realizing that to actually improve organizational results, ERM must integrate risk management plan, strategic planning, and performance management systems.
How should an organization apply an enterprise risk-based performance management framework to match risk exposure with risk appetite? Organizations struggle with how to integrate a risk perspective into key business decision-making processes, and how to overcome the common pitfalls of integrating risk and performance management.
Why Should You Attend
Organizations are challenged with:
? Defining the strategy and communicating it to managers and employees
? Implementing the strategy by selecting and monitoring the vital key performance indicators (KPIs) with their targets to align the workforce with the strategy
? Understanding the three categories of risk: (1) preventable risks, (2) strategy execution risks, and (3) external risks
? Implementing the risk management programs by selecting and monitoring key risk indicators (KPIs) to monitor risk
Areas Covered in this Webinar
Failure to integrate enterprise risk management (ERM) and enterprise performance management (EPM) has hidden costs that prevent organizations from fully delivering on their value creation potential. What are the warning signs and root causes of common obstacles to integrating ERM and performance management? These may include:
? Lack of a common understanding among managers as to what enterprise performance management (EPM) is and what it accomplishes
? Lack of tools that enable managers to effectively link strategy to operations
? Lack of analysis capabilities to support risk-adjusted performance management
? Inability of cross-functional teams to align their risk-taking behavior to corporate level strategy and better collaborate
Learning Objectives
? How to view enterprise and corporate performance management (EPM/CPM) as the seamless integration of managerial methods rather than as a process
? How to identify and differentiate strategic KPIs in a balanced scorecard and operational performance indicators in dashboards
? Understanding the difference of the three categories of risks
? How to overcome implementation barriers such as behavioral resistance to change and fear of being held accountable
Who Will Benefit
? C-suite Executives
? Financial Officers
? Financial Controllers
? Managerial Accountants
? Cost Accountants
? Financial Analysts
? Strategic Planners
? Risk Managers
Level
Intermediate
For more detail please click on this below link
https://complianceglobal.us/product/700138/GaryCok...
Email: referrals-AT-complianceglobal.us
Toll Free: +1-844-746-4244
Tel: +1-516-900-5515
Super Combo Offer 1
Live and Recorded webinar for $285 only!
Price: $285
Super Combo Offer 2
Live and Training CD for $395 only!
Price: $395
Live Session
for one participant
Price: $135
Corporate Live Session
Group - Max 10 Participants from one Location.(For multiple location please contact our customer support team)
Price: $415
Recorded Session
Get unlimited access to the link for six months. Login information will be shared 24 hours after the completion of Live webinar
Price: $195
Training CD
Free shipment within 72 Hours, from the date of webinar completion
Price: $375

Last modified: 2015-12-04 20:43:09