RISK CSME ETHICS-RISK CONCEPTS-RISK MGT-RISKY RISK UNIVERSAL-RISK KEY WORDS-RISK EXPOSURE DYNAMICS

RISKY CONCEPT OF RISK MANAGEMENT RISK CONCEPTS UNDER RISK MANAGEMENT LOOKING AT CORPORATE STRATEGIC MANAGEMENT AND ETHICS (CSME) THAT'S WHAT WE ARE LOOKING AT TODAY CONCEPTS ARE KEYWORDS (IDENTIFICATION OF RISK | ASSESSMENT OF RISK | MEASUREMENT OF #RISKY #RISK #GJAMESASSOCIATES | CORPORATE STRATEGIC MANAGEMENT AND ETHICS | CSME | IMPACT OF RISK ON STAKEHOLDERS | MENDELOW THEORY OF STAKEHOLDERS MANAGEMENT | PRIOTIZING RISK | ALARP PRINCIPLE | AS LOW AS PRACTICABLE PRINCIPLE OF RISK MGT | RISK PERCEPTION | OBJECTIVE AND SUBJECTIVE RISK PERCEPTION | RELATED AND CORRELATED RISK FACTORS | CONTROLLING RISK | MONITORING RISK | EMBEDDING RISK | METHODS OF CONTROLLING RISK | ENTERPRISE RISK MANAGEMENT |) THAT WHENEVER WE ARE DISCUSSING A RISK MANAGEMENT THEY WILL DEFINITELY FEATURE SO THOSE ARE WHAT WE CALLED RISK MANAGEMENT CONCEPTS AND WE ARE GOING TO BE LOOKING AT WHAT RISK EXPOSURE REALLY MEANS WHAT DO WE MEAN WHEN WE ARE TALKING ABOUT DYNAMICS OF RISK MANAGEMENT WHAT DO WE MEAN BY RISK APPETITE UM WHAT IS RISK BASED APPROACH TO RISK MANAGEMENT WE NEED TO UNDERSTAND ALL THIS CONCEPT DISCUSSED EFFECTIVELY ABOUT RISK MANAGEMENT AS SOMEBODY THAT UNDERSTAND RISK MANAGEMENT VERY WELL AND EVERYTHING THAT IT DOES ENTAILS SO WHAT IS RISK EXPOSURE

JUST LIKE WHEN WE OPEN OUR WINDOWS MOSQUITOES COME IN AND WE WILL SAY THAT WE'VE EXPOSED OUR ROOMS OUR HOUSE OUR HOMES TO MOSQUITOES LIKEWISE WHEN WE'RE TALKING ABOUT RISK EXPOSURE WE ARE TALKING ABOUT HOW VULNERABILITY BUSINESS VULNERABILITY SO RISK EXPOSURE IS BUSINESS VULNERABILITY AND BUSINESS VULNERABILITY MUST BE MANAGED VERY WELL THAT MEANS WE NEED TO UNDERSTAND OUR BUSINESS OUR BUSINESSES OUR INDUSTRIES AND ITS DYNAMICS BEFORE WE CAN ASSESS AND MEASURE OUR RISK NOT TO TALK ABOUT EVEN POWER PRIORITIZING IT WE CAN ONLY PRIORITIZE AFTER WE'VE BEEN ABLE TO UNDERSTAND IDENTIFY ASSESS AND MEASURE IT SO RISK EXPOSURE IS WHAT WE ARE VULNERABLE TO IN OUR BUSINESS WHICH MAY BE IN FORM OF THE INHERENT RISK IN OUR BUSINESS OR MAY NOT BE THE INHERENT RISK INHERENT RISK WE CANNOT AVOID IT IS UNIQUE WITH THE BUSINESS

BUT WE CAN HAVE A RISK THAT CAN BE CONTROLLED WE HAD ALREADY GONE INTO MUCH DETAILS ABOUT THE PURE RISK AND SPECULATIVE RISK AND PLEASE CHECK THE VIDEO SO THAT YOU CAN UNDERSTAND THIS BETTER LET'S JUST MOVE ON TO THE DYNAMICS OF RISK MANAGEMENT THE DYNAMIC NATURE OF RISK MANAGEMENT

THE WORLD ITSELF IS DYNAMIC THE BUSINESS WORLD IN PARTICULAR IS DYNAMIC SO IS RISK ALSO RISK SOMETIMES AND SOME INDUSTRIES MAY BE A BIT OF A STATIC IN NATURE BUT IF AT ALL IF AT ALL IT SEEMS DYNAMIC STATIC RATHER AT A POINT IT BECOMES DYNAMIC IF NOT TURBULENT SO THE DYNAMIC NATURE OF RISK ASSESSMENTS ENTAILS HORSE UNDERSTANDING OUR INDUSTRY THE PECULIARITY OF OUR BUSINESS AND BUSINESS ENVIRONMENT THE FIVE FORCES MUST BE UNDERSTAND STOOD VERY WELL AND WE MUST BE ABLE TO ASSESS COUNTRY ON OUR ENVIRONMENT AND TAKE CONTROL AND TAKE CHARGE OF EVEN THOSE SEEMINGLY STATIC RISKS AND THOSE ONES THAT ARE DYNAMIC BUT LIKE I SAID ALL BECOMES DYNAMIC AT A POINT AND WE MUST BE ABLE TO RESPOND TO THE
SETTING OF RISK APPETITE SO WHAT EXTENT CAN WE TOLERATE OUR THE IMPACT OF RISK IN OUR BUSINESS THAT IS WHAT WE ARE TALKING ABOUT WHEN WE SAY RISK APPETITE AND WHAT'S TO WHAT DEGREE CAN WE NOT TOLERATE A RISK EXPOSURE IN OUR BUSINESS SO TO THE EXTENT THAT WE COULD NOT TOLERATE TO THAT EXTENT WE MUST TAKE RISK MANAGEMENT PRECAUTIONARY MEASURES IN FORM OF
IN THIS VIDEO, GBENGA OLATUNJI EXPLAINS FOR ICAN |CPA | ACCA| CFA | CAIA |FRM| FMVA|ICAEW | CA EXAMS| ICAG | ATSWA| CIMA | CA ANZ | CAI | ICAM | IAI | ISCA | CAEW | ICAB | ICAI | ICAP | ICAS |CA SRI LANKA | ICAZ |SDAICA |ZICA
THIS VIDEO IS CERTAINLY FOR STUDENTS PREPARING FOR THE ICAN PROFESSIONAL LEVEL EXAMINATION (STUDENTS OF THE INSTITUTE OF CHARTERED ACCOUNTANTS NIGERIA(ICAN)) STUDYING CSME, CORPORATE STRATEGY, MANAGEMENT AND ETHICS, GOVERNANCE AND BUSINESS MANAGEMENT AND INFORMATION SYSTEMS, FR, FA, CR ETC.

GBENGA OLATUNJI IS A TRAINED AND CERTIFIED LECTURER WITH MANY YEARS OF EXPERIENCE BOTH IN THE CORPORATE WORLD AND THE EDUCATION INDUSTRY. HE IS THE MANAGING PARTNER AT GBENGA OLATUNJI & CO. AND TRAINING PARTNER, GJAMES ASSOCIATES, A PUBLISHED AUTHOR OF TWO (2) LIFE ENHANCING BOOKS. THE GIFT: YOUR REWARDING WAY TO FULFILMENT AND RELEVANCE AND YOU ARE PRECIOUS: KNOWING YOUR TRUE SELF
THE OBJECTIVE OF THIS COURSE IS TO TURN YOU INTO A BUSINESS STRATEGIST AND FUNCTION AT THE MANAGEMENT AND EXECUTIVE LEVEL OF BUSINESS ORGANISATIONS. ALSO, PASSING YOUR ICAN EXAMS AND ALL CHARTERED ACCOUNTANTS EXAMS WITH EASE
FOR YOUR IN HOUSE TRAINING, BUSINESS AND PERSONAL ADVISORY SERVICES
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