Aligning Risk with Business Strategy

The ultimate aim of businesses, whether profit-centred or non-profit – is to achieve their overall Strategic Goals

  • Typical Goals for a profit-centred business could be –
    • Return on shareholder funds or other profitability Goals
    • Increase in market value or brand value
    • Increase in size / market share
  • Typical Goals for a non-profit / public sector entity relate to the overall purpose of that entity, but for example
    • Increasing life expectancy or reducing infant mortality
    • Improving education standards
    • Reducing road transport fatalities.

It is widely accepted that around 70% of organisations fail to achieve their Goals – in other words, they fail to implement their chosen strategy successfully. There are many underlying reasons: but one (often ignored) factor is the effective alignment and balance between strategic ambition and the associated risks inherent in the strategy.

The overall challenge is to achieve a sensible balance between strategic ambition and associated risk. Most organisations overweight ambition and underweight risk, and the inevitable outcome is non-achievement of the organisation’s strategic goals.

Covid-19 is a “once in a century” event, but change and disruption has been an increasing factor for many years, and will continue after Covid is behind us. So the webinar and training course are NOT just focused on the changed world post-Covid.

An underlying theme of this subject is – what gets measured gets managed. There is value in aligning KPIs and KRIs to understand and pro-actively manage

This 4-day Online Workshop explores the issues and introduces some possible remedies.

SalvoWeb

Who Should Attend?

  • Managers / Team Leads/ Supervisors/ Superintendents in Strategic & Operational Planning and Performance Management at corporate and Business Unit / Department levels
  • Business managers / Team Leads/ Supervisors/ Superintendents across all functions, “front and back-office”, who recognize the challenge of proactively managing risk in the context of their future business ambitions

Trainer's Background

The trainer is a highly experienced UK-based international specialist in strategic performance management, having spent more than 30 years involved in a wide range of performance management disciplines – both in policy formulation and in practical application roles. He covers a breadth of closely related topics from strategic planning through to detailed budgeting.

For the last 20 years, he has operated as an independent management consultant and trainer specialising in a range of performance management programmes. Prior to that, he was a senior executive with a major UK bank- responsible for roles in both policy formulation and practical application.

The majority of his work is now undertaken internationally – notably in the Middle East, Asia, Africa, Europe and the UK. He is a highly experienced trainer and course leader who has led more than 400 conferences, seminars, and workshops concentrating on performance management disciplines in a wide range of international locations.

He has wide practical international experience in all aspects of strategic management and the supporting tools of balanced scorecard and KPIs / KRIs.  He brings a straightforward no-nonsense pragmatic (not theoretic) approach to all his training and consulting assignments, based on more than 40 years of business experience. Industry sector experiences included: Oil & Gas, Agriculture, Electronics, Insurance, Feedstuffs and Food, Banking & Finance, Transport & Logistics, Real Estate, and Healthcare.

Event Details

30th November – 3rd December 2020
8 AM – 11 AM UTC
Online Workshop