Advance Risk Management (AdvRM-101)

Advance Risk Management (AdvRM-101) Definition and Objectives

1. The AdvRM-101 is a ten (10) + three (3) + two (2) -days Advance Risk Management program, designed for Steering Group / Top Executives only, based on the principle of “I.I.F.F.” approach of assessment (i.e. Intensive Immersion and Fact-Finding) and focused interviews with the Client and EMCC Stakeholders. Wherein,

• I.I.F.F. (Random intervention)       =          10-days
• Lectures and Workshop                =            3-days
• Follow-ups and Coaching             =            2-days
• Total Days       =          15-days

1. The “I.I.F.F.” Approach will be conducted by SPMC with the full cooperation of the Organization in strict confidentiality (i.e. The I.I.F.F. shall be defined and detailed in the Confidentiality Clause of the Final Service Agreement between Client and SPMC). Such approach will be the fulcrum of the Program Design that is “best fit” for the Organization for its suitability of application.
2. After the Lectures and Workshops, the Follow-ups and Coaching will commence for 2-days. This process is necessary to ensure that the Program Objectives are met by the Executives concerning the usage and learnings of the AdvRM-101.
3. The AdvRM-101 has 4 stages from standard approach such as Assessment, Mapping and Plotting, Action Planning, up-to Risk Review and the additional stage “+1” called “F.A.S.T.‘R ” technique for Fact-finding, Analysis, Solution, Taking action and Reviews. Therefore, AdvRM-101 has 4+1 stages.
4. The “F.A.S.T.‘R ” technique is one of the original brands of SPMC for Advance Focus Management programs. This technique shall give a way in standardizing the processes of the way Client handles its potential and current risks; getting Top Executives to work systematically; using available knowledges repeatedly within the organization; and improving with managing every risk in parallel to gaining experiences.
5. Participants of AdvRM-101 will ultimately understand the various risks and obstacles of its trades and how to navigate successfully towards the acceptable risk areas with minimum losses. More importantly, the trained executives shall be able to evaluate and respond to the risks commendably with confidence.

Note:

This AdvRM-101 Program preferably accepts participants with Fundamental Risk Management (FRM-101) prior knowledge and experiences. However, this pre-requisite is under Client's discretion.