Leading Risk Management in the Supply Chain
£1,195.00 + VAT
Designed for Executives, this course is designed to introduce the principles of Risk Assessment and Management and identifies the main areas within the Supply Chain where Risk is a major issue.
1 DAY Course
Please email info@supplychainacademy.org.uk for course dates.
Overview
The need for understanding and leading change has never been greater. As organisations become leaner and more competitive, supply chains become more effective and integrated, and as information systems and communications become faster and more sophisticated it is vital that managers need to be able to lead and manage change at all levels in their organisation.
By the end of the course, participants will:
- Why businesses change
- How businesses are structured and change their structures
- How the supply chain can operate and change effectively
- How to diagnose the need for change
- How to develop the vision and the plan
- How change affects people and teams and how best to manage them through the change
- How to measure success
Session 1
Understanding Change and why it occurs
- What drives Change in Supply Chain Organisations
- Different varieties of Change
- The evolution of businesses and their structures
- Leadership for Change
- Culture and Power in Organisations
- Dealing with Conflict
- Individual and Team Change – different approaches
Session 2
Diagnosis and Preparation
- Diagnosing the need for Change
- Hard and Soft Change
- Kotter’s eight steps for Change
- Creating the Coalition
- Creating the Vision
- Creating the Plan
- Choosing the Agent for Change
Session 3
Making the Change
- Avoiding conflict and building on progress through communication and feedback.
- Managing the change at all levels, personal, team and organisational – different approaches, different strategies, Push/Pull, Levers for Change
- Monitoring and managing staff morale, consultation and team building
- Personal Transitions – how people respond to Change
- Sustaining and managing the plan
- Monitoring progress and adapting the plan
- Conclusions
Course Outline
The course is designed on 2 levels, namely a 1-day programme dealing with a basic introduction to Risk Management, and a 2-day course dealing with more advanced in-depth issues of Risk Management. The two courses can be run separately, or as a package leading to an in-depth understanding of the issues at stake.
This course will also include elements of compliance, international controls and fiscal issues in the Supply Chain, as well as ways or reducing costs in relation to management of the Risk elements of the Supply Chain.
For each programme, there is a Case Study to be examined in groups. This gives the delegates an opportunity to apply what they have learned in the programme in a practical scenario basis.
By the end of this course participants will be able to:
- Analyse the broad range of risks in business
- Understand the benefits of risk management
- Identify, assess and mitigate hazards
- Assess and evaluate risks, according to urgency and importance
- Formulate a risk assessment process
- Contribute to the development of a risk management system for their organisation
- Implement and manage the risk management system effectively
Day 1
- The International Supply Chain
- INCOTERMS
- Roles and Responsibilities of Suppliers and Customers
- Definition of Risk
- How to calculate Risk
- The Composite Risk Index (CRI)
- The Risk Matrix
- Risk Options
- Risk Appetite
- Risk Mitigation
- Risk Transfer
- Insurance
- The Risk Cycle
- Financial & Fiscal Implications
- The Risk Template
- Case Study
Day 2
- The elements of the International Supply Chain
- INCOTERMS revisited
- Roles and Responsibilities of Suppliers and Customers
- Definition of Risk revisited
- How to calculate Risk
- The Composite Risk Index (CRI)
- The Risk Matrix
- Risk Options
- Risk Appetite
- Risk Mitigation
- Risk Transfer
- Insurance
- Risk Avoidance
- Contingency Planning
- The Risk Cycle
- Enterprise Risk
- Financial Risk
- Fiscal Risk
- IT Risk
- Security Risk
- International Control Risk
- Compliance
- Risk Intelligence
- Risk Leverage
- Risk Modelling
- Risk Management Planning
- The Risk Template
- Case Study