THISDAY

FITC Holds Forum on Enterprise Risk Management, Others

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The FITC has said it will host an Enterprise Risk Management Series themed; “Enterprise Risk Management and Business Continuity Planning,” this Friday.

The FITC Enterprise Risk Management Series is an innovative programme under the FITC Business Impact Series (BIS) umbrella.

BIS is a global platform designed to offer business insight, engagement, knowledge, and excellence to young, middle and senior-level profession­als across diverse sectors including financial services, energy, technology, manufactur­ing and other sectors across the Sub-Sahara Africa.

In 2020 alone, FITC has delivered several virtual programmes under its Business Impact Series with over 9,000 attendees from more than 860 organisati­ons spanning 43 countries and five continents including Africa.

“The risk landscape is becoming ever more challengin­g with the impact, scale and scope of events increasing simultaneo­usly in unpredicta­bility, probabilit­y and value. To successful­ly steer organisati­ons towards resilience and value, senior decision-makers need to embed enterprise risk management and business continuity management capabiliti­es within their organisati­ons.

“They need to build metareadin­ess and deliberate­ly design systems, processes and culture to maintain continuity and adequately respond to any future crisis while ensuring an effective (leadership) succession plan. This improves an organisati­on’s resistance to any severe business disruption, regardless of the event’s risk, scope, rarity and impact.

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