2020 taught us that major risks can come at us from any direction and with barely a warning. Risk management is a necessary tool for all organizations, but often overlooked by small businesses. In this program, we will briefly look at the concept of risk management and then delve into how to identify, evaluate, and mitigate specific risks. In each area, we will explore what our experiences of the pandemic have taught us about this part of risk management. Through the use of case studies in each type of risk, we will explore how both for-profit and not-for profit organizations would develop a structure to deal with certain specific types of risk. The use of case studies will allow us to apply the risk management concepts to “real world” situations.
Why risk management is needed in every organization. What COVID-19 has taught us about risk management. Developing an overall plan of enterprise risk management. Financial risk. Marketing risk. Compliance and liability risk. Environmental risk. Cyber risk.
Experience in financial management of a small or midsize company.
CFOs, controllers, and finance professionals.
Understand the concepts of risk management and how they apply to the small organization. Recognize how we could have been better prepared for the pandemic. See how all risks end up as part of financial risk management. Develop a plan to handle marketing risk. Determine operating risks and see how to mitigate them. Understand how to handle compliance risk and still have good customer service. Transfer environmental risks through a good insurance strategy. Recognize the nature of cyber risk and develop a good mitigation plan.
Arthur G. Pulis has been actively involved in training and consulting since 1981. During that time he has been awarded numerous awards as a training professional by state CPA societies, banking organizations, and the AICPA, where he was included among the top seminar leaders several times. Prior to entering consulting, Pulis had a varied career in financial services having worked for The Bank of New York and other banks in New Jersey. For several years, he was founder and chief operating officer of Horizon Creditcorp, which was then the world’s largest yacht finance company.
Non-Member Price $189.00
Member Price $164.00