In the first part of this webinar, Joel Santillan addresses the challenges and risks companies facing in this ever-volatile world.
We live in a world of where change seems to be the only constant. Company leaders need to be ready with the foresight and anticipation to be ready when the next challenge/disruption happens. Any company that ignores operational, strategic, external risks do so at their own peril.
The Risk Management Plan (RMP) is critical document that reflects management efforts to identify, assess and track the various risks facing the Company at present and the near future. The RMP is also aligned with a Company’s Strategic Plans as it navigates this volatile business environment.
The speaker discusses the key elements needed to put the RMP together. Participants will see how the RMP is more than just a product of one department but is the product of a collaborative process which benefits all members of the company’s leadership.
In the second part of the webinar, what happens when it does not always go to plan. When faced with a crisis, many companies have fallen but for some companies, they have been able to turn it around and successfully rebound. This is embodied in the strategic turnaround plan which outlines the business plan, strategic initiatives, and financing plan a company needs to reverse its fortunes for the better.
The speaker will briefly discuss the elements needed in this turnaround plan. Participants will see that this plan requires inputs from all sides of the leadership base and will likely require unprecedented level of collaboration and innovative thinking previously unknown to a company.
An overview of the upcoming programs under Post-Graduate Certificate in Financial Management this January and February 2023 will also be discussed.