Risk and Opportunity – You Can’t Hit A Home Run Unless You Step Up To The Plate.

Risk and Opportunity Practicum Overview:

As the pace of change accelerates, organizations need to analyze and manage risk while also capturing new opportunities. Many organizations have well defined processes for strategic thinking and planning but too few translate this process into an effective program or unit level analysis.

This program proposes to develop program evaluation and analytical skills through a cohort model of four to five unit teams. The approximately four person unit team collects, measures and evaluates current unit practices and outcomes. Based on this analysis, the team will then identify opportunities for improvement and present their proposed recommendations to management. This process removes initiative resistance since it originated with the team and was driven by unit data.

This program is a “practicum” since half of the session focus on learning and analyzing followed by individualized coaching for each cohort to develop recommending that will increase unit performance and value.

Risk and Opportunity
Risk Opportunity Course

Program Description:

Many organizations encourage their employees to demonstrate initiative and continuous improvement. Enterprise Management Ltd. offers the Risk and Opportunity Practicum for organizations who seek mastery in program evaluation and strategic thinking while also discovering a unit improvement plan that is “owned” by unit members.

The program goal is to discover what is working well, what could be done differently, what risks require mitigation, and what new opportunities can be leveraged. The program instills proactive and strategic awareness to cope with the challenges of complexity and change.

The program objectives enable participants to:

  • Understand the program evaluation process
  • Analyze current Mindsets and potential blind spots
  • Develop a unit data gathering plan to analyze effectiveness
  • Evaluate their unit’s existing program or deliverables
  • Explore potential risks and opportunities
  • Prepare a plan to improve outcomes or streamline operations within their unit

The program benefits are:

  • Identify and propose a new initiative to enhance unit performance
  • Improve analytical and thinking skills
  • Boost unit engagement and effectiveness
  • Increase strategic awareness and change readiness

Practicum Overview:

The program is designed for small teams in half-day sessions over several months to learn and then apply program evaluation tools to identify an improvement plan. The first four sessions focus on learning new tools and tactics for application between sessions. The next three sessions provide coaching to each team as they discover and evaluate improvement alternatives. The last session is the team’s presentation to the sponsor for approval or modification.

Summary:

The Risk and Opportunity Practicum combines skill development and unit improvement in a concrete return on investment. For further information on how the Practicum can contribute to your organization’s success, please contact us at info@enterprisemgt.com.