Training in Systemic Risk Management

Public Training

Worldwide, the only formal training courses in Systemic Risk Management are provided by the Institute of Public Administration Australia (IPAA) Queensland, in Brisbane.   

IPAA Queensland run Masterclasses in Systemic Risk Management in the form of a three-day ‘Organisational Risk Leadership’ series.   These Masterclasses are facilitated by Dr Richard Barber and tend to run once each year, depending on demand.   They have been described by participants as ‘an education, rather than training’ and are suitable for leaders and risk professionals from both the Public and the Private Sectors. 

Each day in the three-day series can be taken separately, but this is not generally advised.  The topics for the three days are:

• Day 1:  Fundamentals of Systemic Risk Management.  Day 1 covers concepts, principles, definitions and basic approaches and tools.  The methods and tools covered include advanced new approaches to individual risk identification, analysis and treatment.  Risk mapping is also a key focus of Day 1.
  
  
• Day 2:  Systemic Risk Analysis.  Day 2 builds upon Day 1, to consider multiple organisational risks together as a single whole system.  This is the key to optimisation of risk responses as a whole, and enables leaders to focus their efforts on shared root causes rather than working on risks one at a time.  The new tools covered include Risk Relationships Matrices and Risk Treatment Pattern Analysis. 
  
  
• Day 3:  Risk Frameworks and Governance.  Day 3 broadens the view of risk even further, to see it as part of good decision making.  In that context, different risk management models, strategies and frameworks are described in order to identify an overall 'systemic' approach to the management of risk in organisations.  Day 3 also covers the differences between strategic, tactical and operational risk management and the challenges faced when first implementing a systemic risk management approach.

For more information, refer to the IPAA Queensland website.

Internal (Tailored) Training Courses

On request, Manex Pty Ltd will conduct tailored training courses and workshops.

These range from 2 hour Executive Awareness workshops to 2-day Systemic Risk Management training programs for middle managers and risk professionals.