This course will explore:
- What you haven't been told about your business's risk portfolio
- What they don't assess in merger and acquisition reviews
- How you can reduce your Damage Costs and increase your profits
- The brand new way to approach risk management
The course also explores the implications of the changing way we work, including automation, robotics, artificial intelligence and the gig/informal economies, and how this will impact your risk management and bottom line.
Risk Dollarisation® will assure the best outcome for your workforce and the fiscal health of your business.
By the end of this course, you will have an understanding of how to use Risk Dollarisation® to take control of Damage Costs and associated risks in your business.
You will learn:
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What most businesses measure, and why they miss important risks.
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The business benefits of costing Non-Financial Risk
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How to quantify and measure Non-Financial Risk as a budget line item
Who is this course for?
This course is for business leaders and professionals who wish to make safety, health and wellbeing relevant to business.
This means speaking the language of dollars, converting non-financial risks into financial terms, and learning how to speak in terms of financial benefits.
Traditional Safety Models are often at odds with the way that business makes decisions.
In general, business leaders are mainly focused on financial outcomes, threats and opportunities.