CMI Unit 708 Strategic Risk Management
The ability to effectively lead strategic risk management is essential to safeguard an organisation’s prosperity and reputation. Ultimately, leaders must know how to develop and lead risk management in a manner that not only reacts to organisational needs but contributes to organisational success.
About this course
The aim of this unit is for leaders to develop an in-depth understanding of strategic risk management. Leaders will critically appraise strategic risk within an organisational context. They will assess strategies for risk management and the leadership skills to lead risk initiatives successfully. Ultimately, leaders will be given the opportunity to develop a framework to deliver a risk strategy in an organisational context.
- Understand strategies for managing risk
- Know how to develop risk management strategies
1.1 Critically appraise strategic risk within an organisational context
1.2 Critically assess strategies for managing risk in an organisational context
2.1 Critically appraise the leadership skills for strategic risk management
2.2 Propose a Risk Management Framework to deliver strategic objectives