Responding to Risks Effectively with KEY RISK INDICATORS

Holiday Inn Resort Baruna, Kuta, Bali, 27-28 June, 2012

Why about KEY RISK INDICATORS?

Risk Management without risk indicators will fail to provide the necessary insights and early warnings to management.  On the contrary, with risk indicators management will be able to anticipate and avoid the bad suprises while at the same time optimizing the oppotunities arise.

Key Risk Indicators (KRIs) as a quantified matrix of indicators of highly significant risks is now becoming more often spoken about among risk management practitioners and strategic planning team.  As quantitative indicators, KRIs is more forward looking (predictive) compares to other lagging business/performance indicators and hence all organizations that need to improve their performance should consider developing KRIs. KRIs makes it possible to ensure the achievement of corporate objectives through proactive responses of threats (downside risks) and opportunities (upside risks).

This two day seminar is designed to bring together the cutting-edge knowledge and hands on experiences of our noteable speakers on the significance benefits of KRIs to our business success and on how to develop and utilise KRIs for higher performance/achievements.

Seminar Objectives

•   To share with participants the contemporary reseach findings on benefits of Key Risk Indicators (KRIs) and best practices in developing them.

•   To facilitate sharing of experiences on opportunities and challenges in developing and utilising KRIs based on participants's business characteristics.

Host of The Event

Mr. Deddy Jacobus - Senior Partner, Risk Management, JPM and Partners/Risk Workshop International; Secretary General of the Association of Risk Management Practitioners (ARMP); Certified Member of the Institute Internal Audit (IIA), Florida, USA; Certified Member of the Lembaga Komisaris dan Direktur Indonesia (LKDI) - Komite Nasional Kebijakan Gonvernance; Board Member of Center for Corporate Leadership (CCL), Jakarta.

Speakers of the Event

•   Dr. Pandu Patriadi, Deputy Director, Pusat Pengelolaan Risiko Fiskal, Ministry of Finance, Republic of Indonesia

•   Mr. Ikhsan Sembiring, OVP Risk Management, PT. Telkom Indonesia, Tbk.

•   Dr. Adi Djoko Guritno, Risk Management Commision Head, PT Timah (Persero), Tbk

•   Mr. Phil Leifermann, The Institute of Internal Auditors, Asia-Pacific

•   Mr. Tony Simmonds, Standard Committee Member, the Association of Risk Management Practitioners (ARMP)

•   Mr. Rainer Widjaja, Director, Optus Risk Management Solution, Jakarta

Seminar's Rundown

Day 1

08.00 Registration and welcoming ceremony

08.30 Welcoming Remarks - Key Risk Indicators an Overview of  the Two-Day Seminar, Deddy Jacobus (host of the event), Risk Workshop International

09.15 Session 1 - Country Risk, Understanding the Key Indicators, Dr. Pandu Patriadi, Head of Fiscal Risk Management, Ministry of Finance, Republic of Indonesia

10.15 Morning Refreshment

10.30 Session 2 - Sharing of Experience: How Telkom Indonesia collects and utilises KRIs, Ikhsan Sembiring, OVP Risk Management, Telkom Indonesia, Tbk

12.00 Lunch Break

13.00 Session 3 - Key Risk Indicators (KRI), updates on research findings and current development, Tony Simmonds, the Association of Risk Management Practitioners (ARMP)

14.30 Afternoon Refreshment

15.00 City Tour to Beach Front Discovery Shopping Mall, Kuta, Bali

18.30 Gala Dinner

Day 2

09.00 Session 1 - Integrating risk management and audit efforts with risk management information system, Mr. Phil Leifermann, The Institute of Internal Auditors, Asia Pacific.

10.30. Morning Refreshement

10.45 Session 2 - Sharing of Experience: How PT Timah utilises KRIs with integrated risk management information system Dr. Adi Djoko Guritno, PT Timah (Persero) Tbk

12.00 Lunch Break

13.00 Session 3 - Case Discussion: Which KRIs we should build? Deddy Jacobus, Risk Workshop International

14.30 Afternoon Refreshment

14.45 Closing Remarks - Key Points of the Event and Closing Remarks, Deddy Jacobus, Risk Workshop International

15.00 Farewell Party with Door Prizes

Who Should Attend

·  BOD dan BOC

·  Management and Staff Operation Divisions

·  Management and Staff Functional Support Divisions

·  Management and Staff Risk Management Function

·  Management and Staff Internal Audit Function

·  Risk Analysts

·  RCSA Team

·  Strategic Planning Team

Registration Fee :

IDR. 7.000.000 (Early Bird : IDR. 6.000.000 for Registration & Payment Receive Before 27^th May 2012)

*10% Discount for RWI alumni and ARMP members

Conferences Package Inclusive : 2x Coffee Break/day,  1x Lunch/day, 1x Gala Dinner, Sertificate of attendance, Souvenir , Material Kit inside USB 4GB, Complementary WIFI Access, City Tour.

GET SPECIAL DOORPRIZE : Blackberry Bellagio.. Samsung Galaxi W...Books and many more..!

Terimakasih,
Best Regard.


Rurhi Cespino
Project Officer
Jagad Prima Mandiri
Wisma Bisnis Indonesia II
Jl. Ir. H. Juanda III No.32 L3-08
Jakarta Pusat 10120 - Indonesia
T / F : 021 381 0076
M     : 0856 850 3658