You can register for this CPD by paying or by using hours from a CPD Package. For more details please visit www.lawscot.org.uk/cpd-packages
After registering for this CPD you will have access to view it online at your convenience
1 hour verifiable CPD | Please note: This webinar fulfils the 1-hour of annual Risk Management CPD required by all Scottish solicitors
Join us in August for a lunchtime webinar on strategic risk management designed for partners in law firms. This webinar will ensure that you are well-equipped to prepare for strategic risks, and that you have the skills necessary to protect your business.
Strategic risks have the potential to threaten the long-term direction, competitiveness, or sustainability of any organisation. Many of these risks are difficult to control, such as those posed by global health pandemics and the rise of artificial intelligence. To ensure sustainability in business, it is more important than ever to prepare for strategic risks and learn how to manage them responsibly wherever they arise.
This webinar will provide you with insight and practical guidance to help protect your business from strategic risks, safeguarding the long-term success of your practice.
Learning outcomes:
- Learn how to identify strategic risks, and to differentiate these from operational risks
- Gain an insight into the types of strategic risks that could impact your business
- Develop practical skills to identify strategic risks and to manage these risks effectively
- Apply strategic risk management principles to enhance the profitability and sustainability of your business
Speakers
- What is strategic risk management
- How does strategic risk management differ from operational risk management
- What about risks that we cannot control (pandemics, changes in government, artificial intelligence, and regulation)
- Using strategic risk management to profitably manage your business
- Dealing with emerging risks