The 4 Types of Risk Management
Train your operational managers on the 4 types of risk management and show them how to select the most appropriate strategy.
- Risk Management
- Critical Thinking
- Leadership
Course overview
When it comes to risk management, there are 4 main ways of doing things: accept, transfer, avoid, and reduce. Each way works better in some scenarios than others, so picking the right one is critical.
This course will help your operational managers understand the 4 risk management strategies, so they can select the right approach to managing risks in your business.
What’s covered
- The 4 risk management strategies
- How to select the most appropriate strategy for the risk in question
- The 6 stages of the risk management process
Why your teams need this course
This course will help your operational managers understand the 4 risk management strategies and where it is most appropriate to use them. Suitable for business leaders, owners, and operational managers, they’ll also learn the risk management process they can utilize with all 4 approaches.
Accredited by CPD
TalentLibrary is recognized as reaching the standards and benchmarks required by the Continuing Professional Development (CPD) Certification Service.
The CPD Certification Service is the world’s leading and largest independent accreditation organization for professional development courses across all industry sectors.
Other courses in this collection
Creating a Risk Culture
This online course is suitable for business owners, leaders, and operational managers, and will give practical advice on how to create a risk culture.
The Role of the Risk Register
Train your operational managers on the role of the risk register and its functions in this online course.
Managing Risk in the Boardroom
This online course gives an insight into the role NEDs (non-executive directors) and the board as a whole play in risk management oversight.
