people have the skills to use a new tool or approach they are unlikely
to use it.
LESRISK sees training as a powerful change intervention and a tool for implementation of integrated risk management and improved corporate governance. We develop customized training programs for boards of directors, senior management and staff.
For a Board
of Directors this might mean learning to read a risk management
report and to ask appropriate questions. For staff, training might enable
risk identification and measurement. For senior managers we customize
case studies that focus on risks specific to their organization and
the decision-making skills they need to effectively manage risks.
For the Ontario government's Centre for Leadership, LESRISK developed and delivered a series of one-day programs for senior managers on integrated risk management.
For the Boards of several large financial institutions, LESRISK developed and delivered customized asset/liability management and risk management training programs. These one-day workshops for banks, large credit unions, central credit unions and financial crown corporations reduced board liabilities and enhanced board-management relations by improving board comfort and knowledge of their treasury and risk management oversight roles.
To facilitate the implementation of integrated risk management across complex provincial government operations, LESRISK developed a series of risk management courses, for 60,000 staff and trainers including the preparation of customized cases.
asset and liability committees (ALCO) of several financial institutions,
developed and delivered training workshops in asset and liability management
and integrated risk management. These programs facilitated communication
among management silos and enhanced the decision-making capabilities
of the committees.