Using Six Sigma for Efficient and Effective Controls

The facilited workshop will combine real life experience, case studies and clear realistic examples.

The topics covered will be:

• Interpreting governance in the context of Six Sigma and Operational Risk Management
• Developing a practical approach to using your ORM data in Six Sigma analyses
• Understanding Six Sigma in financial services and obtaining business benefit

Attendance at this workshop will enable you to:

• Challenge your firm’s governance approach (particularly around ORM)
• Gain a practical understanding and approach to using Six Sigma
• Highlight business benefits and the positive impact on the business

This focused workshop will benefit individuals within the group risk functions, business risk partners, compliance and governance, and those in strategic management.

The facilitated workshop will include:

Interpreting governance in the context of Six Sigma and ORM

• Where we are now
• Where we want to be
• How to get there

Developing a practical approach to using your ORM data

• Reviewing RCAs through a control effectiveness lens
• How to incorporate losses in an ORM/Six Sigma analysis
• Choosing which area or process to improve

Obtaining Business Benefit

• Reviewing a practical example
• Exploring ‘what ifs’ on further controls or processes
• Identifying practical business benefits using the methodology

Facilitated group exercises will be held throughout the workshop to enable delegates to gain maximum benefit from the workshop by networking with other delegates. The style of the workshop will be informal and interactive with participants encouraged to ask questions and debate the issues raised.

The date for the next Using Six Sigma for Efficient and Effective Controls workshop in London is to be arranged.

The cost for the half day workshop including course materials and refreshments is £450+VAT. Discounts are available for the second and subsequent delegates booked from the same organisation.

For more detailed information about this Using Six Sigma for Efficient and Effective Controls workshop, please our training department or complete our online contact form.