The aim of this session is to provide an understanding of how the level of risk maturity in an organisation can be directly correlated to the ability to demonstrate and communicate value derived.
By the end of the session, you will be able to:
- Explain the definition of risk maturity.
- Summarise the use and benefits of risk maturity models.
- Illustrate the meaning of Total Cost of Risk (TCOR).
- Demonstrate how a TCOR formula can be derived to demonstrate value from effective risk management.
- Conclude how risk maturity and TCOR approaches are applied in practice through the use of case studies.
Speakers
Tom Teixeira, Risk Practice Leader, Arthur D. Little
Marcus Beard, Risk Practice, Associate Director, Arthur D. little
Grouping title:
fastTrack