Risk Committee

Great suggestion. I've now updated the Risk Committee eLearning Course Outline for Concordia Public Co., Ltd. to include an important new module focused on learning from past incidents and using historical risk data to inform better decisions.

🟥 Updated Course Title:

Strategic Risk Oversight for Public Companies: Role of the Risk Committee

Total Modules: 9

Delivery Format: eLearning or Workshop Series

Audience: Risk Committee, Internal Audit, Compliance, CFO, Department Risk Champions

🟩 Module 1: Introduction to Risk Governance

• Risk Committee’s mandate under IFRS, Myanmar Companies Law, SECM

• Relationship with the Board, Audit Committee, Internal Controls

• What is ERM (Enterprise Risk Management)?

🟩 Module 2: Types of Risks for Concordia

• Strategic, Operational, Financial, Regulatory, Reputational, ESG

• Department-level risk examples (Sales, Service, Tender, Finance)

🟩 Module 3: Roles & Responsibilities of the Risk Committee

• Risk appetite and tolerance

• Code Red escalation and whistleblowing protocol

• Risk oversight in strategic decisions

🟩 Module 4: Historical Data & Learning from the Past ✅

• Why reviewing past incidents is critical

• Case studies from Concordia (e.g., inventory loss, delayed tenders, compliance issues)

• Risk trend analysis over the past 5 years

• Creating a risk incident log database

• Embedding lessons learned into new SOPs and KPIs

🟩 Module 5: Risk Identification & Assessment Tools

• Heatmaps, PESTEL, SWOT, Bowtie risk diagrams

• Risk Register Template & Impact/Probability scoring

• Department Risk Profiling templates

🟩 Module 6: Risk Monitoring & Reporting

• Dashboard KPIs and reporting to the Board

• Internal audit collaboration and verification

• Monthly vs. quarterly review formats

🟩 Module 7: Code Red & Crisis Management

• Examples: theft, fraud, PR damage, potential litigation

• 2-level up reporting rule

• Evidence preservation and rapid response

🟩 Module 8: Risk in Strategic Projects & Tenders

• Clinic/dialysis expansion, new product launches, MOH tenders

• Regulatory delay risks, vendor default, reputational exposures

🟩 Module 9: Building Risk Culture

• Risk Champions in each department

• Awareness sessions and onboarding

• Linking risk to performance and strategic objectives

Would you like the PDF handout, PowerPoint deck, or interactive quiz to go along with this updated course?

Also, I can help you build:

• A sample historical incident log sheet

• A risk trend dashboard (Excel or Power BI)

• Or a Code Red reporting SOP template

Just let me know.