Monitoring risks, including tracking and evaluating the performance of risk actions, is critical to the risk mitigation process. Systematic monitoring includes setting a structure for how often you review your risk, what to monitor, how to report changes, and how to re-define your risk strategies. How often to monitor risks? Sometimes, risk may have annual occurrences, but monitoring of on-going risk mitigation should be a continuous activity. We monitor and react to risk constantly in our daily lives and it is a good idea to schedule periodic risk reviews ahead of time. Take the time each month to review the highest probable and largest impact risk along with the mitigation strategy that will allow for continuous improvement. Read More: https://www.mha-it.com/2017/11/monitoring-risk/
Attend Risk Management Seminar 2019 on February 08, 2019 at AIM Conference Center, Makati City, PH. | Risk Management Seminar 2019 'Managing risks on the road towards operational excellence ...' February 08, 2019, 8:00am - 5:00pm
AIM Conference Center, Makati City, PH Learn More: https://www.fmi.com.ph/events/risk-management-seminar-2019-feb Introduction 'Some risks that are thought to be unknown, are not unknown. With some foresight and critical thought, some risks that at first glance may seem unforeseen, can in fact be foreseen. Armed with the right set of tools, procedures, knowledge and insight, light can be shed on variables that lead to risk, allowing us to manage them.' - Daniel Wagner, CEO, Country Risk Solutions Risk Management is not just a process but a discipline that every organization needs to institutionalize. Risks, although may or may not happen, Management should ensure that risk management is included on key management and operational processes within the organization in order to minimize if not to eliminate its negative impact to the company’s various initiatives. Six Sigma is a proven methodology that leads to breakthrough performance of various companies. This seminar-workshop leverages on the methodology and tools used in Six Sigma in improving variation and defects that can be defined as operational risks. This seminar-workshop discussed the application of Six Sigma Thinking and Tools in operations and project risk management initiatives in support of the overall operational excellence activities of an organization. With the rapidly changing market shifts, organizations are under pressure to implement effective control measures. It is not easy to manage all of these uncertainties (risks) and react to the changing business dynamics to be more competitive in the market. Key Seminar Topics A. Risk Management Process 1. Establishing Context
2. Identifying Risks
3. Analyzing and Quantifying Risks
4. Integrating Risks
5. Assessing and Prioritizing Risks
6. Treating and Exploiting Risks
7. Monitoring and Reviewing B. Six Sigma Tools and Concepts 1. Variation-based Management
2. Voice of the Customer (VoC) and Voice of the Process (VoP)
3. Process Flow Analysis
4. Cause and Effect Matrix
5. Failure Mode and Effect Analysis (FMEA)
6. Control Charts Who Should Attend CEOs, Presidents, General Managers, Managing Directors, Senior Level Officers and Managers, Lean Six Sigma Practitioners, Strategic Corporate Planners, Risk Managers, Finance Managers, Auditors, Process Owners and Analysts, Business Owners, Entrepreneurs, Department Heads, Division Managers in various industry sectors, and those who are involved in business excellence and continuous improvement within their organizations. | What They Say About the Program 1. We are currently doing the business improvement project in our organization. This seminar gave us the roadmap and the tools needed to achieve our project milestones.
- Rene L. Orias, Senior Operations Auditor, Del Monte Fresh Produce Philippines, Inc. 2. Very informative and interesting.
- Thumbelina Tan, Service Operations, Makati Medical Center 3. Good start for my group and organization as we move towards operational excellence. Insights, theories, learnings are applicable and eye-opener.
- Eleanor O. Domingo, QMD Manager, Magsaysay Transport and
Logistics Corporation 4. My know-how in strategic planning was widened and elaborated.
- Louie G. Llantada, Corporate Planning Assistant, Isuzu Philippines Corporation 5. Very informative and highly recommended to others.
- Charito P. Cornejo, HR Supervisor, Claymount Associates Philippines, Inc. 6. Speaker's mastery and presentation skills are both excellent.
- Mayla Fabian, Systems Analyst, Watsons Personal Care 7. Speaker interacts and guides us in our workshop and explain well.
- Barbara Joyce de Guzman, Implementation Specialist, ICTSI 8. The seminar was very good.
- Jocelyn C. Flordeliza, Risk Management Assistant, Tanay Rural Bank, Inc. 9. The overall seminar is comfortable to all of us and very knowledgeable and useful.
- Jean T. Austria, Risk Management Assistant, Lifebank Foundation Inc. Registration Fee PHP 7,999 + VAT Discounts and Payment Scheme Package of 5 Delegates + 1 Free
20% Discount to Academe/Government
10% Discount to NGOs, Trade Associations, Chamber of Commerce
5% Discount to Past Delegates of Fiera Programs Fees are inclusive of snacks, lunch and seminar kit | CONFIDENTIALITY NOTICE: This e-mail message, including any attachments, is the property of Fiera de Manila, Inc. and is solely for the use of the individual or entity intended to receive it. It may contain confidential and proprietary information, and any unauthorized review, use, disclosure or distribution is prohibited and may be unlawful. If you are not the intended recipient(s) or if you have received this message in error, please permanently delete it from your system, and contact the sender by reply e-mail. Thank you. | | ©2019 Fiera de Manila, Inc. | Call: +632-8960639, 8960637 | Email: nor...@fmi.com.ph l 2F Zen Bldg., 8352 Mayapis St., San Antonio Village, Makati City, 1203 PH | |
