Singapore Business Awards 2020

16 APAC / 2020 Singapore Business Awards 17 APAC / 2020 Singapore Business Awards , , Feb20540 Best Risk Management Training Organisation 2020 Through customized training and certifications, Asia RiskManagement Institute (ARiMI) develops leaders andmanagerswith the riskmanagement competencies needed to buildRisk Smart organizations, supporting sustainable growth and profitability. Following their recent success inAPAC Insider’s Singapore Business Awards, the firm’s Chief Risk Strategist,Marc Ronez revealsmore about one of the best riskmanagement training organizations. Today’s global and volatile economy challenges organizations with exponentially increasing level of ambiguity, complexity and uncertainty. Repeated crises and corporate collapses have highlighted the vulnerability of our economic systems and organizations to a wide range of risk issues such as threat of pandemics, increasing pace of technological and business changes, complexity of supply chains, social responsibility and fragility of reputation to name but a few, as well as the continuing lack of maturity of risk management strategies and practices in many industries around the world. Recognized risk management expert, Marc Ronez, Chief Risk Strategist at ARiMI says that “Risk management must go beyond mere compliance to regulatory requirements and protection of an organization assets. Risk Management has become a business imperative for boards and top management because one the main lessons of these crises is that mismanaging risks will sooner or later destroy your organization”. He added that, “on the contrary having the system and people able to effectively identify and manage risks and opportunities to make the best possible decisions will improve corporate performance. Hence, this has quickly becoming a critical management skill and a key source of sustainable competitive advantage for organizations”. Regulators, economists and business experts agree that businesses must adopt appropriate Enterprise Risks Management (ERM) policies and systems in order to raise international management standards and be able to continue to compete in the global marketplace. To address this need, Asia Risk Management Institute (ARiMI), a Singapore- based Professional Learning Institute, has developed knowledge and competencies development training solutions that nurture a risk-aware, ethical and crisis-ready corporate workforce, capable of building effective Risk Management Control System and Culture in their organizations. Set up in 2003, ARiMI is the pioneer and leading professional development institute in Asia created to answer the need for effective professional education and certifications for governance, risk, crisis and sustainability management. ARiMI delivers effective learning solutions covering all the relevant risk areas and practices in a comprehensive, structured and learners-friendly way also using the latest IoT/AI technologies to enhance learning of professionals across industries, from finance, healthcare to telecommunications, consulting firms to government ministries and universities. Marc avers, “ARiMI develops leaders and managers with the risk management competencies needed to build Risk Smart people and organisations, supporting sustainable growth and profitability”. ARiMI programs covers all relevant risk management regulations and standards to provide a wider perspective on risk and its management, unlike many other certification bodies. Its comprehensive Risk & Value Management Model-based curriculum guides the trainee to become effective decision-makers, wise risk-takers and astute crisis managers by identifying every risk within the context of the organization business model, also familiarizing them with various risk-management frameworks and methodologies, thereby allowing them to choose, apply and customize as per the specific needs of their organizations. This holistic, business focused, practical and experiential learning approach explains why ARiMI certifications have earned the reputation of being an important quality label, providing an authoritative, impartial and reliable way for graduates to have their competencies recognized and gain a competitive edge in their careers. ARiMI Certifications framework offer two complementary learning streams i.e. Certified Professional Risk Manager (ARiMI-CPRMTM) & Certified Enterprise-wide Risk Manager (ARiMI-CERMTM) focusing on building people and organizational capabilities respectively. Each learning stream is further subdivided into two sets of master classes, all based on ARiMI professional competencies LECP™ model - Risk Leaders, Experts, Champions and Professionals - which is used to assess gaps and the effectiveness of an organization’s employees in delivering their risk management responsibilities. Innovative and Savvy Learning Delivery & Competencies Building Methods For immediate workplace application, ARiMI programs follow a problem- solving approach based on practical applications of risk management by using real-life business example, scenario and case studies. The programs have a balanced mix of presentations, interactive case studies, group discussions, games, field visits, surveys and exercises with clear focus on real risk management issues in an Asian context. ARiMI has also adopted advanced technologies like computer software, video screening, digital recording, online feedback, chat groups, forums and quizzes to increase the effectiveness of training for the participants. Marc says, “ARiMI has established a strong brand recognition with many organizations sending participants from all across the globe to attend our programs in Singapore. Our plan is now to bring our programs to them in key locations around Asia, Middle East, Africa and even Europe.” Marc concludes, “We keep monitoring our industry environment, we gather feedback to update our courses and make adjustments whenever appropriate to continuously improve the learning experience”. Beside certification, ARiMI also offers customized learning solutions, risk-consulting services, conduct research, surveys and participate/organize conferences. Website: Asia RiskManagement Institute