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Below you will find information and documents relevant to each module of your IOSH Working Safely course.

Those Identified as “Pre-reading”, we recommend you familiarise yourself with prior to commencing this course. These documents and others will be referred to throughout the delivery of the programme.

Part One: Theory

What is ‘corporate risk management’ — and why is it important?

• Definitions of risk and what is meant by risk management

• Common misconceptions about risk management and what can go wrong without it

• Principles of risk management

• Why is risk management important?

• The link to horizon-scanning

The role of the board in risk management

• How good governance provides the objectives and demonstrates the commitment of the organisation to risk management

• Aerospace supplier case study

• The board roles and responsibilities in risk management

• Terms used in risk management: risk appetite, tolerance and capacity

• How the board can establish the business risk tolerance level

• Overview of calculating risk appetite, tolerance and capacity

• The relationship between risk appetite and related risk tolerances

• How the board’s attitude to risk affects strategy and decision-making)

What will stop your business from functioning?

• Risk identification

  • the process

  • typical methods

  • different categories of business risk

• Examples of internal and external risks factors that impact risk management

• Why risks should also be viewed from a cost/ benefit perspective

• What are your risk management limitations?
  
  

Part Two: Framework

What does good risk management look like?

• Developing a risk management framework

• Components of enterprise risk management

• An overview of the first three components of a good risk management framework

Developing a statement plan that confirms a commitment to risk management

• What do we mean by ‘risk statement’?

• Assigning authority, responsibility and

• Accountability at the appropriate levels

Communicating the plan

• Documenting the plan

• What to communicate and to whom

• The value of engagement and worker involvement

Assurance

An overview of the remaining two components of a good risk management framework:

• risk monitoring and reporting 

• continuous improvement of risk management

Action planning

What are your three priority actions to improve risk management assurance?*

*This must be documented and submitted to gain course certification. You can utilise the SWOT Analysis to help with this activity.

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