As companies adapt to the aftershocks of the global recession, risk management is a top priority for their senior executives and boards—and for those of nonprofit and public-sector enterprises as well. The financial crisis revealed that risk management processes cannot be effective if they are siloed and fragmented, and that senior executives must understand the assumptions and data used in those processes. To address these challenges, HBS Executive Education has developed Risk Management for Corporate Leaders. In this program, you will learn how to identify the different types of risk facing your company, achieve an appropriate balance between innovation and risk, and protect your company from the consequences of uncertain and unexpected events.
This comprehensive program explores the insights, frameworks, and tools needed to classify and measure your company's level of risk. By examining the latest research and best practices, you will learn how to drive and preserve enterprise value across your organization. Key topics include:
- Recognizing and avoiding the risks from unexpected and undesirable employee behavior
- Maintaining the creative tension between high innovation and risk management
- Integrating risk management into strategy formulation and execution processes
- Managing the risks from external, noncontrollable events
- Responding to reputational and brand risks
- Organizing and governing the risk management function
Through real-world case studies, the program will explore the many ways that strategies and enterprises can fail—as well as how to recognize and avoid these risks. You will learn how to develop and implement effective risk management processes that anticipate, prioritize, mitigate, and manage threats across the enterprise, ranging from failures in compliance and internal controls to risks emanating from strategy to risks caused by external, uncontrollable events. Equipped with the skills to integrate risk management processes with effective strategy execution, you will return to your company ready to pursue highly innovative and potentially high-reward strategies.
This program is intended for senior leaders in large established companies who have significant corporate management responsibilities. Typical participant titles range from chief executive officers, chief operating officers, and chief risk officers to general managers, divisional directors, and divisional leaders. Senior general managers and executive teams responsible for executing and controlling strategy also are encouraged to apply.
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Programs, dates, fees, and faculty are subject to change.
In accordance with Harvard University policy, Harvard Business School does not discriminate against any person on the basis of race, color, sex or sexual orientation, gender identity, religion, age, national or ethnic origin, political beliefs, veteran status, or disability in admission to, access to, treatment in, or employment in its programs and activities.