Airport Enterprise Risk Management
Professional Certificate course: 5 days

Brief

Successful guidance of airports in an ever dynamic environment requires the effective management of the uncertainties faced.  Enterprise Risk Management is a system of integrated processes and communication protocols that enables management to acknowledge and manage uncertainty in both the forms of risk and opportunity on a daily basis and as part of setting strategic direction in a balanced and systematic, but flexible manner.  A fully effective ERM program is not just a risk management process; it is a culture that focuses on risk/reward decision-making to position the organization to excel over the long-term.  Effective uncertainty management represents a collaborative effort across the entire organization, grounded in the foundation of the organization’s strategic plan, and integrates the multi-faceted critical focus areas of the organization and its stakeholders.

This course provides a forum for airport executives to gain a better understanding of best practices in uncertainty management.  As part of the week long course students will learn how to work with their leadership team and coworkers to identify and assess the critical risks and opportunities facing their airports, examine the root causes, and develop action plans through a strong platform of cross-functional collaboration. Students will also learn how to institute a risk/reward culture and communication strategies to use ERM as a decision-making framework that is strongly integrated with strategic planning, business and operational continuity, and safety management systems.

Benefits

This course will provide airport managers and professionals with a forum to develop approaches and a draft framework to be applied at their airports for effectively setting strategic direction, making daily decisions and maintaining operations in the face of uncertainty.

Who should attend?

• Airport Manager/ Executive Director
• Airport Finance Directors, Managers
• Airport Directors and Managers across all functional areas
• Airport Strategic Planners and Risk Managers
• Airport Consultants

Course content

Participant learning objectives for this course include learning the skill sets to:

• Identify evaluate, and prioritize critical risks and major opportunities facing your airport that currently exist or may emerge in the future;
  
• Establish risk/reward parameters that can be translated into guidelines for daily decision making and ranges of authority;
  
• Establish an uncertainty awareness culture throughout the organization and integrate uncertainty management into strategic planning, major organizational initiatives, resource allocation systems, and organizational performance measurement and monitoring systems;
  
• Implement best practices in developing action plans and adaptive decision making to optimize organizational performance in an uncertain environment
  
• Document your airport’s uncertainty management approach in a written plan
  
• Develop internal and external communication pieces and internal training packages

Up-coming sessions