The Course is intended to transform the participants to have the ability to make Risk-Informed Decisions and Integrate Risk Management into Public Sector Strategic and Operational Planning Processes. It encompasses Integrated Risk Management Processes and Methodologies, practical examples of how to Integrate Risk Management into Decision Making, Strategic Planning, Governance, and an Organisation’s Culture in the Public Sector.
How will this course transform and benefit you:
Enhanced strategic thinking skills: The risk-led strategic planning course can help improve your ability to think critically and strategically about potential risks and opportunities facing a Municipality, Provincial Government, National Government Department, and State Owned Enterprises (SOEs). This can lead to more effective decision-making, better overall planning, and improved Service Delivery.
Improved risk management skills: By enrolling in the course, you will learn how to identify, assess, and prioritize risks that could impact a Municipality, Provincial Government, SOEs, and National Government’s strategic objectives. This can help you develop and implement risk management strategies to mitigate these risks and protect a Country’s National interests.
Turn Risk Management into a value driver: The course will empower you with the knowledge and skills to position risk management as a value driver and not just a compliance requirement. This will help you anticipate risks better and develop robust strategies to achieve an organisation’s strategic objectives and vision.
Better alignment of objectives: The course will help you align your organization’s strategic objectives with its risk management strategies. This can ensure that the organization’s goals and risks are mutually supportive and that risk management is integrated into all aspects of strategic planning.
Increased confidence in decision-making: Through the course, you will gain the knowledge and skills needed to make informed and confident decisions regarding risk management and strategic planning in the Public Sector. This can help you navigate uncertainty and complexity with greater certainty and clarity.
Enhanced career prospects: Acquiring skills and knowledge in risk-led strategic planning can make you a more valuable asset to your organization and increase your career prospects. Employers often seek professionals who can effectively manage risks and contribute to the organization’s strategic success.
Networking opportunities: Enrolling in a risk-led strategic planning course can provide opportunities to connect with other professionals in the Public Sector. Networking with peers and industry experts can help you gain insights, exchange ideas, and build relationships that can support your professional growth.
Increased confidence in decision-making: Through the course, you will gain the knowledge and skills needed to make informed and confident decisions regarding risk management and strategic planning in the Public Sector. This can help you navigate uncertainty and complexity with greater certainty and clarity.
Who Should Take This Course:
- Professionals involved in risk management or risk assessment roles in the Public Sector
- Managers, supervisors, or executives responsible for making risk-related decisions in the Public Sector
- Individuals seeking to enhance their knowledge and skills in risk management in the Public Sector
- Students or recent graduates interested in pursuing a career in risk management in the Public Sector
Course Overview:
- Module 1: Introduction to Risk-led Strategic Planning in the Public Sector
- Module 2: Fundamentals of Strategic Planning in the Public Sector
- Module 3: Risk Management Concepts and Frameworks
- Module 4: Integrating Risk Management into Strategic Planning in the Public Sector
- Module 5: Developing Risk-led Strategies and Initiatives in the Public Sector
- Module 6: Implementing and Monitoring the Risk-led Strategic Plan in the Public Sector
- Module 7: Digitalising Strategic Planning, Execution, Monitoring and Evaluation Solutions in the Public Sector
Course Features:
- Interactive modules with videos, articles, and quizzes
- Case studies and real-life examples to illustrate risk management concepts
- Online discussion forums to engage with fellow learners and instructors
- Certificate of completion available upon successful course completion
Those who don’t develop Strategic Risk Management Capabilities to Drive Innovation and Creativity find themselves in a Strategic Inflection Point Position. “A Strategic Inflection Point is a period where when an Organisation must respond to Disruptive Change in the Business Environment Effectively or face Disruption, that they never anticipated or willyfully ignored” Strategic Risk Management helps Organisations See Big Changes Ahead of Time. How Businesses Can See Big Changes Coming Ahead of Time | Fortune.COM
To prevent a Strategic Inflection Point, we advocate a Risk-led Strategic Planning Approach. Risk Management should be seen as Strategic, an Integral Variable of Decision Making, Strategic Thinking, and Strategic Planning that Brings The Future Into The Present So We can Prepare For It Today. Strategic Risk Management improves decision-making and embraces uncertainty, uncertainty brings about change and progress to Humanity and it keeps us on our toes, it brings our innovativeness and creativity to the fore.
Typically Human Beings innovate and create new ways of doing things because they want to solve current problems that are bugging them or are reacting to opportunities that have already materialised. On the other hand, there are Strategic Thinkers who anticipate the future, innovate, and create solutions to take advantage of the anticipated future.
Curriculum
- 8 Sections
- 20 Lessons
- 4 Weeks
- Introductory ContextThe Sustainable Development Goals (SDGs) are a set of 17 global goals established by the United Nations in 2015 to address the most pressing social, economic, and environmental challenges facing the world. The goals cover a wide range of issues, including poverty, inequality, climate change, sustainable development, peace, and justice. The SDGs aim to create a more sustainable and equitable world by 2030, with specific targets and indicators to measure progress. Some of the key goals include ending poverty and hunger, promoting health and well-being, ensuring quality education, achieving gender equality, and combating climate change. Overall, the SDGs provide a comprehensive framework for collective action towards achieving a more sustainable and inclusive future for all. They call for collaboration and partnerships among governments, businesses, civil society, and individuals to work towards a common goal of a better world for present and future generations.1
- Module 1 - Introduction to Risk-led Strategic PlanningThis Module is designed to provide an overview of the importance of integrating risk management into strategic planning as well as understanding the benefits and challenges of risk-led strategic planning.4
- 2.1Importance of integrating risk management into strategic planning in the Public Sector
- 2.2Benefits and challenges of risk-led strategic planning in the Public Sector
- 2.3Module 1: Test Your Knowledge and UnderstandingCopy10 Minutes5 Questions
- 2.4Question and Answer Forum – Continuous Learning SupportCopy10 Minutes0 Questions
- Module 2 - Fundamentals of Strategic PlanningThis module will provide the learner with an understanding of the strategic planning process and its key components as well as anylysing the organisation's vision, mission, values and conducting a PESTLE and SWOT analysis to assess internal strengths and weaknesses, as well as external opportunities and threats.6
- 3.1Strategic Planning Process and its Key Components in the Public Sector
- 3.2Analysing the Vision, Mission, and Values of a Public Sector Organisation
- 3.3Public Sector PESTLE Analysis
- 3.4Public Sector SWOT Analysis
- 3.5Module 2: Test Your Knowledge and UnderstandingCopy10 Minutes5 Questions
- 3.6Question and Answer Forum – Continuous Learning SupportCopy10 Minutes0 Questions
- Module 3 - Risk Management Concepts and FrameworksThis module provides an introduction to risk management principles and concepts, an overview of RiskForesights.COM Integrated Risk Management Framework as well as identifying and categorising risks relevant to an organisation's strategic objectives.4
- Module 4 - Integrating Risk Management into Strategic Planning and Decision MakingThis module provides insights into how to align risk management objectives with strategic objectives and goals, how to determine risk appetite and tolerance levels within the strategic planning context, assessing and prioritising risks in relation to strategic objectives.5
- 5.1Aligning Risk Management Objectives with Strategic Objectives in the Public Sector
- 5.2Determining Risk Appetite and Tolerance Levels in the Public Sector
- 5.3Assessing and Prioritising Risks in Relation to Strategic Objectives in the Public Sector
- 5.4Module 4: Test Your Knowledge and UnderstandingCopy10 Minutes5 Questions
- 5.5Question and Answer Forum – Continuous Learning SupportCopy10 Minutes0 Questions
- Module 5 - Developing Risk-led Strategies and InitiativesThis module provides insights into developing risk-led strategies to exploit opportunities and manage threats. creating action plans and initiatives to address identified risks, allocating resources and responsibilities for risk-led strategies.5
- 6.1Developing Risk-led Strategies and Initiatives to exploit anticipated opportunities and manage threats in the Public Sector
- 6.2Creating Action Plans and Initiatives to Address Anticipated Risks in the Public Sector
- 6.3Allocating Resources and Responsibilities for Risk-led Strategies in the Public Sector
- 6.4Module 5: Test Your Knowledge and UnderstandingCopy10 Minutes5 Questions
- 6.5Question and Answer Forum – Continuous Learning SupportCopy10 Minutes0 Questions
- Module 6 - Implementing, Minitoring and Evaluating the Risk led Strategic PlanThis module provides insights into establishing a governance structure for overseeing the implementation of a risk-led strategic plan, developing key performance indicators (KPIs) to monitor progress and measure success, monitoring and evaluating risks and adjusting strategies as needed.5
- 7.1Establishing a Governance Structure for Overseeing the Implementation of the Risk-led Strategic Plan in the Public Sector
- 7.2Developing Risk-led Key Performance Indicators (KPIs) to monitor progress and measure success in the Public Sector
- 7.3Monitoring and Reviewing Risks and adjusting strategies as needed in the Public Sector
- 7.4Module 6: Test Your Knowledge and UnderstandingCopy10 Minutes5 Questions
- 7.5QuizCopy10 Minutes0 Questions
- Module 7 - Digilisation of Risk-led Strategic Management ProcessesAn automated risk-led strategic planning process is a systematic approach that combines technology and risk management principles to streamline and enhance the strategic planning process. It involves the use of software and tools to collect, analyze, and evaluate data related to risks, and to develop and implement risk mitigation strategies. Overall, an automated risk-led strategic planning process saves time and improves accuracy, enhances decision-making, increases transparency, reduces costs, enables scalability, improves collaboration and communication, and ensures strategic alignment with organizational goals. It provides a structured and efficient approach to managing risks and setting strategic objectives.1
