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Future Proofing Your Business
Published 11/2024
MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz
Language: English | Size: 1.56 GB | Duration: 1h 46m[/center]

Hoe to Create a Stable, Sustainable Business Using a Simple But Powerful Risk Management Process

What you'll learn
• Identify and anticipate business risks that could compromise your business or project goals or operations.
• Increase your confidence in making sound short and long-term decisions.
• Be prepared for adverse events so that the impact is resolved with minimum time and cost.
• Reduce the stress of unknown future disruptions.
• Increase your decision making skills and thus increase your value to the business.

Requirements
A basic knowledge of business operations or project management skills relevant to your position, role or job.

Description
Future proofing is about being prepared to deal with any disruptions that could threaten your business or your goals.We know the future is uncertain. So, you are always dealing with probabilities and possibilities rather than certainties.How easily unexpected events can disrupt your businesses. Future-proofing your business in no casual matter. Learn how to build continuity and contingency plans. This workshop provides the concepts and techniques to effectively manage your business risk and protect your business future.In this course you will be guided through the building of a simple but powerful future proofing process that will prepare you for recovering from potential disruptions in your own business.You will learn how to identify your strategic risks, assess the likelihood and impact and plan an effective response to decrease or eliminate the impact.This workshop provides the concepts and techniques for you to create your powerful risk management plan that will provide an early warning system and ensure continuity for your business under adverse conditions. You will have an opportunity to practice with the tools and templates.Paying the proper attention to risk is not being negative or courting failure. As any pilot, race driver, or soldier will tell you. it's being prepared, so you can react in the safest and most effective manner if things do go sideways.

Overview
Section 1: Introduction

Lecture 1 Introduction

Section 2: The Concept of Risk

Lecture 2 Ancient Times - A little bit of risk history

Lecture 3 Modern Times - the emergence of risk management

Lecture 4 Risk Management & Future Proofing

Section 3: Risk Identification

Lecture 5 Create a Risk Profile of Your Business

Lecture 6 How to Find Appropriate Risks for Your Business

Lecture 7 Exploring Business Areas

Section 4: Risk Assessment

Lecture 8 The Elements of Risk Assessment

Lecture 9 Determine a risk probability

Lecture 10 Determine a Risk Impact

Lecture 11 Calculate the Risk Severity and Prioritise the List

Section 5: Risk Response Planning

Lecture 12 The Response Planning Process

Lecture 13 Risk Response Strategies

Lecture 14 How to Prepare Your Own Risk Response Plan

Section 6: Putting it all Together

Lecture 15 Operating Your Future Proofing Plan

Lecture 16 The Impact of Future Technologies

Lecture 17 Your Future Proofing Programme

Section 7: EXTRA SECTION - How to Create a Robust, Sustainable and Profitable Business

Lecture 18 Introduction to the Business Booster Programme

Lecture 19 On Becoming an Entrepreneur

Lecture 20 The Science of Marginal Gains

Lecture 21 The Path to Success

Lecture 22 Make it Happen

Small/medium business owners and managers. Entrepreneurs who are intending to start a new business or acquire an existing business. Individuals who must make decisions about operations and future directions of a business or project, often with limited information and in times of future uncertainty, and with finite resources.,The term business may include the whole of the business, a department, an internal function, or a project. • Business owners and managers of small/medium businesses. £5M - £50M) • Internal accountants/financial managers of small/medium businesses • Entrepreneurs with existing and start-up businesses. • Project managers of small to medium size projects (under £50M) • Investors evaluating small/medium businesses.