1. 1
Competence Unit 9 / Training Unit 9 : Strategic Risk management
Professional / Competence Standard Training Standard / Curriculum
Activities Tasks Knowledge Skills Competences
Training
Objectives
Training
Contents
Activities and Minimum
Duration, in Hours
(Theory and Practice,
Physical and Online
Learning)
Training Methods,
Didactical Resources,
and Learning Media
Training
Target
Group
Strategic Risk
management
within business
administration
of cooperative
companies
Achievementof
a deep
understanding
of the
cooperative’s
strategy
Gathering of
views anddata
on strategic
risks that may
affect the
cooperative
company
Evaluation and
validation of
preliminary
strategic risk
profile ofthe
cooperative
company
prepared by
manager
Evaluation and
validation of
the strategic
risk profile
finalized by
manager
Definition and
Strategic risks
definitions and typology
Strategic risk
management principles
and application
modalities of them in
specific circumstances
Detailed features of the
strategy of the
cooperative company
Process of managing
strategic risks : methods
and tools for gaining an
adequate
comprehension of the
strategy of the
cooperative company
and of its strategic risks,
for preparing, validating
and finalising the
strategic risk profile of
the cooperative, and for
defining,
communicating and
implementing a
strategic risk
management action
plan of the cooperative
To gain an adequate
comprehension of the strategy
of the cooperative company
and of its strategic risks
To evaluate and validate the
strategic risk profile of the
cooperative company
To define and establish the
goals and strategies of the
strategic risk management
action plan of the cooperative
company to be implemented
by the manager
To communicate the strategic
risk management action plan
of the cooperative company
To monitor the
implementation by the
manager of goals and
strategies of the strategic risk
management action plan of
the cooperative company,
identifying and adopting of
necessary adjustments
To provide
leadership in
answering
about
uncertainties
and untapped
opportunities
that affect the
cooperative’s
strategy and
strategic
execution
Acquisition of
the competence
“To provide
leadership in
answering
about
uncertainties
and untapped
opportunities
that affect the
cooperative’s
strategy and
strategic
execution”
Strategic risks
definitions and
typology
Strategic risk
management
principles and
application
modalities of them in
specific
circumstances
Detailed features of
the strategy of the
cooperative
company
Process of managing
strategic risks :
methods,
techniques, and tools
for gaining an
adequate
comprehension of
the strategy of the
cooperative
company and of its
strategic risks, for
preparing, validating
and finalising the
strategic risk profile
of the cooperative,
and for defining,
communicating and
implementing a
strategic risk
management action
Theory: 8 hours
(in classroom)
Online: 4 hours
(online)
Training methods:
Frontal / Instructor-Led
Training (e.g., lectures,
conferences, storytelling, etc.)
Interactive methods (e.g., small
group discussions, case and
incident studies, simulations,
active summaries, quizzes,
question-and-answer sessions,
question cards, role-playing,
business and management
games, participant control, etc.)
Experiential / Hands-on
methods (e.g., coaching,
mentoring, understudy, job
shadowing, apprenticeship, job
instruction, committee
assignments, demonstrations,
drills, etc.)
Didactical resources:
Blackboard or whiteboard,
overhead projector, PC or
laptop, printer, broadband
internet access, etc..
Learning media:
Printed and digital texts
Learning Management Systems
(e.g., discussion pages,
threaded discussions, chat
rooms, group pages, grade
book, etc.)
Social Media Applications and
Peer-to-Peer Platforms (e.g.,
Facebook, Edmodo, Classroom
2.0, Peer2Peer University, etc.)
Web Conference Software (e.g.,
Online Meeting/Conferencing
Applications, Two-Way Audio,
etc.)
Co-op
members
elected in
the Board
of
Directors
2. 2
Activities Tasks Knowledge Skills Competences
Training
Objectives
Training
Contents
Activities and Minimum
Duration, in Hours
(Theory and Practice,
Physical and Online
Learning)
Training Methods,
Didactical Resources,
and Learning Media
Training
Target
Group
establishment
of the goals and
strategies of
the strategic
risk
management
action plan of
the cooperative
company to be
implemented
by the manager
Communication
of the strategic
risk profile and
strategic risk
management
action plan of
the cooperative
Monitoring
implementation
by the manager
of goals and
strategies of
the strategic
risk
management
action plan of
the cooperative
company, and
identification
and adoption of
necessary
adjustments
plan of the
cooperative
3. 3
Learning Activities List
Activity 1: Power Point Presentation (10 h)
Activity 2: The Autograph Game – Slide 5 (10 min)
Activity 3: Learner Expectations – Slide 6 (5-10 min)
Activity 4: Video – “Risk Management Basics – What exactly is it?” – Slide 9 (10 min)
Activity 5: Opportunity & Threats Exercise – Slide 18 (10-15 min)
Activity 6: Video – “Answering your Board of Management’s request for Risk Management” – Slide
42 (10-15 min)
Activity 7: Video – “Seinfeld on Risk Management” – Slide 51 (5-10 min)
Activity 8: Video – “How Boards can Effectively oversee ERM” – Slide 53 (15-20 min)
Activity 9: 9 DOT Puzzle – Slides 55 & 56 (15 min)
Activity 10: Video – “Introduction to Risk Management” – Slide 73 (15 min)
4. 4
Learning Activities Description
Activity 1: PowerPointpresentation
Duration: 10 hours
Short description:
This activity will enable board of directors to understand the Principles of Risk Management, as well as the
importance of implementing effective risk management procedures in business entities, such as co-
operatives,andalso howtomitigate risksusingavarietyof methods.
They will get familiar with the principles and elements of risk management and will understand the
meaning of a risk framework. Besides, they will know how to identify and assess the risks and the way to
conduct a riskanalysis.
learningactivities:
- Lecture
self-assessmentandpeer-evaluation:
- Evaluationduringnextgroupworks
Material:
PC or laptopwithoverheadprojectorandbroadbandinternetaccess
Individual didactic resources: personal folders containing notebooks, pens, pencils, eraser,
sharpenersanddocumentationof programme material.
Methodological recommendationforimplementationandevaluation:
Facilitating in Face-to-Face Groups (these skills are very important when helping a group come to
consensus)
Documentation/InternetLinks: none
……………………………………………………………………………………………………………….
Activity 2: The Autograph Game
Duration: 10 min.
Short description: This activity is used as an icebreaker to get learners to know each other. Learners have
to go aroundto each otherand seekanautographfrom otherlearners,basedonthe fourcategories.
1. Someone whohasbeentoSpain(ora foreignholiday) withinthe last6months
5. 5
2. Someone whoiswearingblack
3. Someone whohasa car withthem(onthe day of training)
4. Someone who has had a cup of tea today. (It should be noted that this could include coffee if no
one has had anytea, butbestto try for teafirst).
Learnersmustget fourseparate signatures.One personcannotsignall fourcategories.
Specifictasks andexercises of the learnersonfieldrelatedtopics,within:
LearningActivities:
Get signaturesfromfourdifferentpeople
Self-AssessmentandPeer-Evaluation:
None
Material: A 5 Exercise Booklet & pens
Methodological recommendationforimplementationandevaluation
Thisis a group exercise conductedasa whole group.
Documentation/InternetLinks: None
……………………………………………………………………………………………………………….
Activity 3: Learner Expectations – Slide 6
Duration: 5-10 min.
Short description: This activity is used to capture the expectation of learners in relation to the days training.
It should be used at the start of the programme to check their understanding of what they need to get and
again at the end of the day, when the trainer should refer back to the expectations to assure learners their
expectationswereaddressed throughouttheday.
Specifictasksandexercisesof the learnersonfieldrelatedtopics,within:
learningactivities:
participation in group forum
self-assessmentandpeer-evaluation:
None
Material: Flipchart& markers
6. 6
Methodological recommendationforimplementationandevaluation
Thisis a group exercise conductedasa whole group.
Documentation/InternetLinks: None
……………………………………………………………………………………………………………….
Activity 4: Video – “Risk Management Basics – What exactly is it?” – Slide 9
Duration: 10 min.
Short description: This activity is used to set the scene in relation to risk management and to explain in
layman’s terms what risk management is. Ask learners to explain in their own words what risk management
is all about.
Specifictasksandexercisesof the learnersonfieldrelatedtopics,within:
learningactivities:
video and general discussion
self-assessmentandpeer-evaluation:
self-reflection of understanding
Material: Video on Slide 9 (embedded)
Methodological recommendationforimplementationandevaluation:
The discussionformatforthisisa groupdiscussion,followingthe video.
Documentation/InternetLinks:
https://www.youtube.com/watch?v=BLAEuVSAlVM
……………………………………………………………………………………………………………….
Activity 5: Opportunity & Threats Exercise – Slide 18
Duration: 10 - 15 min.
Short description: learners are broken into groups to discuss opportunities or threats relating to a Chosen
risk, specific to their sector.Learnersmustthen reportbackto the larger group with a spokesperson.
Specifictasksandexercisesof the learnersonfieldrelatedtopics,within:
learningactivities:
7. 7
Group Work
self-assessmentandpeer-evaluation:
Feedback& Discussion Forum
Material: Paper& Pens,Flipchart& Markers
Methodological recommendationforimplementationandevaluation:
Learnersreportback to eachother andthissupportsthe transferof learningtoshow understanding.
Documentation/InternetLinks: None
……………………………………………………………………………………………………………….
Activity 6: Video – “Answering your Board of Management’s request for Risk
Management” – Slide 42
Duration: 10 - 15 min.
Short description: This activity is used to get learners to think about how they as directors should be
thinking about risk. It gives an introduction to a risk scorecard methodology for measure impact and
monitoring froma governanceperspective.
Specifictasksandexercisesof the learnersonfieldrelatedtopics,within:
learningactivities:
video and general discussion
self-assessmentandpeer-evaluation:
self-reflection of understanding
Material: Video on slide 42 (embedded)
Methodological recommendationforimplementationandevaluation:
The discussionformatforthisisa groupdiscussion,followingthe video.
Documentation/InternetLinks:
https://www.youtube.com/watch?v=5l9w16EUGOw&t=31s
……………………………………………………………………………………………………………….
8. 8
Activity 7: Video – “Seinfeld on Risk Management” – Slide 51
Duration: 5 - 10 min.
Short description: This activity is used to show learners how easy it is to get it wrong. Emphasis should be
madeon governanceand theavoidanceof improperconduct.
Specifictasksandexercisesof the learnersonfieldrelatedtopics,within:
learningactivities:
video and general discussion
self-assessmentandpeer-evaluation:
self-reflection of understanding
Material: Video on slide 51 (embedded)
Methodological recommendationforimplementationandevaluation:
The discussion format for this is a group discussion, following the video. The trainer should emphasise that
thisisNOT the way of doingit andit goesagainstgood governance policies.
Documentation/InternetLinks:
https://www.youtube.com/watch?v=laKprX-HP94&t=1s
……………………………………………………………………………………………………………….
Activity 8: Video – “How Boards can Effectively overseeERM” – Slide 53
Duration: 15 - 20 min.
Short description: This activity is used to get learners to think about how they as directors should be
thinking aboutrisk.It givesinsightsinto risk governance and properbehaviour.
Specifictasksandexercisesof the learnersonfieldrelatedtopics,within:
learningactivities:
video and general discussion
self-assessmentandpeer-evaluation:
self-reflection of understanding
Material: Video on slide 53 (embedded)
9. 9
Methodological recommendationforimplementationandevaluation:
The discussionformatforthisisa groupdiscussion,followingthe video.
Documentation/InternetLinks:
https://www.youtube.com/watch?v=Rus5CraK7ko&t=1s
……………………………………………………………………………………………………………….
Activity 9: 9 DOTPuzzle– Slides 55 & 56
Duration: 15 min.
Short description: This activity is just a bit of fun and is to be used as an energiser straight after lunch. It is
to get thelearners straightbackinto action and to focusthem.Getting them to think outsidethe box.
Ask the learners to draw 9 dots on a page as in slide 55. Tell them to draw a line through each dot without
lift the pen.Tell themthey may haveto thinkoutsidethe box forthis exercise.
If they are struggling,you can tell them thatthe clue is in thestatementthinkoutsidethe box.
Specifictasksandexercisesof the learnersonfieldrelatedtopics,within:
learningactivities: learnerstry and drawa line through each dotwithoutlifting the pen.
self-assessmentandpeer-evaluation:
None
Material: A 5 Exercise Booklet & pens
Methodological recommendationforimplementationandevaluation
Thisis a group exercise conductedasa whole group.
Documentation/InternetLinks: None
……………………………………………………………………………………………………………….
Activity 10: Video – “Introduction to Risk Management” – Slide 73
Duration: 15 min.
Short description: This activity is used to give learners an insight into risk management from an ISO
perspective. It gives details of the ISO 31000 standard and how to approach risk management in a practical
way.
10. 10
Specifictasksandexercisesof the learnersonfieldrelatedtopics,within:
learningactivities:
video and general discussion
self-assessmentandpeer-evaluation:
self-reflection of understanding
Material: Video on slide 73 (embedded)
Methodological recommendationforimplementationandevaluation:
The discussionformatforthisisa groupdiscussion,followingthe video.
Documentation/InternetLinks:
https://www.youtube.com/watch?v=74nuA9yZbZ4&t=141s