Programmes

Leading Risk in Organisations

  • Executive
  • Department of Management
  • Application code EE906
  • Starting 2021
  • Short course: Open
  • Location: Houghton Street, London

This executive programme is designed and delivered by some of the world’s leading faculty and researchers in the field of organisational risk. It will demonstrate and instil optimal practices from a range of real-world perspectives that are critical to the effective functioning of your organisation.

5 day intensive programme (date TBC)

Through the examination of psychological and sociological approaches to understanding risk, participants will be given the opportunity to apply new insights to risk management practices within global organisations. This executive course enables participants to better understand the individual, group and organisational influences on risk-taking and to structure risk management practices accordingly.

Find out how to lead risk in these unprecedented times of uncertainty for businesses across the globe with this article, 'Risky times call for a new type of leadership'

Read the article

This executive course is suitable for:

  • Managers and senior managers with responsibility for risk management
  • Participants working in organisations where risk management is a core activity
  • Participants from public or private sector organisations, including those who do not have a specific risk management function, yet  there are elements of risk in their roles and organisations
  • Entrepreneurs who need to manage the risks associated  with establishing and growing  their business
  • C-suite participants seeking to develop their understanding of risk and organisational risk management processes.

Tuition fee: £6,295 

Covers all tuition, course materials, daily lunches and networking events. You will receive an LSE certificate of completion at the end of the course.

Part of LSE Executive Education Courses

Find out more about the course:

Download course brochure

Programme details

Entry requirements

All LSE executive education participants are required to have:

  • Fluency in English.
  • A good undergraduate degree or significant work experience in a relevant role(s).
  • Minimum two years’ professional experience. Typically our participants have more than ten years’ work experience.

Pre-requisites:

Participants should have some experience of managing risk or experience of working within a role where risk is inherent (e.g. setting up a business).

Programme structure

Major topics covered:

The nature of risk
You will enhance your ability to define risk, and also, better understand the ways that individuals, groups and organisations behave in relation to risk.

Risk management practices
During five intensive days, you will consider risk in terms of both loss and gain, in addition to organisational issues relating to differential management of risk.  For example, some organisations seek extremely low levels of risk, e.g. power or transportation, whereas others accept a balance between risk and return, e.g. start-ups, or innovators. You will then engage in discussion topics around how risks are simultaneously created and mitigated, and responsibilities for managing risk.

Individual differences
Individual-level drives and motives influence preferences for risk-taking that shape individual behaviours. This executive programme will allow you to examine how genetics, experiences and personality influence risk perception and, with a global perspective, discuss the implications for individual-level choices as well as groups and organisations.

Sociological approaches to risk
Definitions of risk and approaches to it are influenced by social variables. This intensive course will look in particular at the idea of ‘risk culture’ and behavioural approaches to risk management.

Decision making
You will be challenged to consider the importance of understanding real-world decisions, non-rational decision processes and their implications for organisational risk management. Your theoretical toolkit will be expanded through the use of expected utility theory, prospect theory and framing, to understand how decisions are made and where decisions deviate from rationality.

Organisational practices
Organisational risk management practices are designed to achieve particular goals that relate to organisational objectives. Interactive case discussions will allow you to review a range of risk management practices and consider whether they take account of individual, group and organisational process.

View a sample timetable of the week >> 

Course outcomes

The course is interactive, and participants will engage in a range of activities and case discussions designed to enhance their understanding of risk. There will also be opportunities for participants to examine risk management in their own organisations, and to plan for future development, with the benefit of personalised feedback from LSE faculty.

  • Enhance your understanding of the nature of risk

  • Develop insight into personal approach to risk perception and risk management

  • Gain greater knowledge about the psychology of risk as it applies to individuals, groups and organisations

  • Understand how organisational risk cultures are created and their influence  on individual and group-level behaviour

  • Take away a toolkit of techniques for developing risk management practices

  • Undertake an individual assignment, with feedback from LSE faculty, to develop risk management practices within your own organisation.

 

Faculty and guest speakers

The course will be taught by:

Dr Emma Soane joined the Department of Management in 2008. She teaches organisational behaviour and leadership to postgraduate students and executives. Dr Soane holds a BSc Psychology (University of Leicester), an MSc Occupational Psychology (University of Sheffield) and a PhD Psychology (University of Sheffield). Find out more here

Professor Paul Willman is an Emeritus Professor of Management in the Department of Management and Academic Director of LSE’s Executive Courses. He has taught on MBA and Executive MBA programmes at Oxford University, Cranfield School of Management, Budapest University of Economics, Ecole de Ponts ParisTech, London Business School and TRIUM. Find out more here

Testimonials

Pooja Prabhakhar, Managing Director, BCP Associates

"Managing Risk in Organisations genuinely gives you conceptual and practical insights, as well as a depth of knowledge, that you can bring back to your clients and to your own organisation. It’s a learning experience that I would recommend to anyone."

Read Pooja's full profile here.

Catalin Marinescu, Head of Corporate Strategy, International Telecommunication Union

"The LSE experience makes learning accessible and easy and you have the added bonus of being in London with everything a global hub has to offer. I would recommend the course to anyone looking to take their risk-management toolkit to a whole new level." 

Read Catalin's full profile here.

WATCH THE COURSE VIDEO >> 

Request a prospectus

  • Name
  • Address

Register your interest

  • Name

Speak to Admissions

Content to be supplied