MQM3RMT-Risk Management

Module Provider: Marketing and Reputation
Number of credits: 10 [5 ECTS credits]
Level:7
Terms in which taught: Autumn / Spring / Summer module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2023/4

Module Convenor: Dr Nadeem Khan
Email: nadeem.khan@henley.ac.uk

Type of module:

Summary module description:

Managing risk requires connecting heightened awareness and governance processes for pro-actively identifying, assessing, building resilience, monitoring and engaging with key stakeholders. This enables minimising threats and maximising opportunities, as priority for successful outcomes. Recently, the range and intensity of emerging external/internal risks to organisational managerial contexts has evolved with impact of pandemic; digitalisation; financial shocks; competitive positioning; regulatory or environmental pressures; ethical concerns; reputational issues; top team behavioural dynamics; leadership agendas or politics. The Managing Risks elective examines risk as higher order preparedness in judgements for managing uncertainties, handling crisis and enabling sustainability. In doing so, it provides theoretical and practical insights towards enhancing skills & capabilities for managerial planning and execution of risks through problematic situations or innovative change.

Aims:

The Managing Risk module is designed for practicing managers and early career high potential employees who are likely to fast track into senior leadership positions, to enable them to: 

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  Develop enhanced skills & capabilities for identifying management risks. 

  
  


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  Prioritise different risks as embedded in managerial decision-making 

  
  


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  Evaluate reporting and monitoring accountabilities of risks as performance  

  
  


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  Synthesise the communication and engagement of risks for different stakeholders

  
  

Assessable learning outcomes:

On completion of the module, programme members will be able to demonstrate their ability to: 

1. 
   

   Explain risk as having consequences that can be favourable or unfavourable 

   
   

2. 
   

   Critically analyse risk management in contexts, using appropriate models & frameworks 

   
   

3. 
   

   Evaluatemanagerial risks as part of effective management decision making 

   
   

4. 
   

   Communicate & engage about risk with different stakeholders 

   
   

Additional outcomes:

By the end of the module it is expected that programme members will be able to demonstrate their ability to:  

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  Appreciate individual tolerance as aligning with organisational culture in risk management 

  
  


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  Explain the dynamic link between managing risk and organisation strategy 

  
  


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  Critically appraise risk root causes as more than just formal reporting, to include informal & unseen risks.  

  
  


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  Formulate the risk management process for their organisation situation or management context 

  
  

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  Positively manage risks as uncertainties

  
  

Outline content:

Topics to be covered include: 

1. 
   

   Identification, concept and assessment of risk in management decision making  

   
   

2. 
   

   Building resilience in managing risk 

   
   

3. 
   

   Risk reporting, disclosure, and managerial accountability  

   
   

4. 
   

   Stakeholder engagement and communication of risk

   
   

Global context:

The module draws on research and real-world practice examples / case-studies from around the world. 

Brief description of teaching and learning methods:

This is primarily a self-study module, comprising an online study guide with core and further readings, supported by webinars, practice application exercises, a discussion forum, and multi-media learning objects, including video. 

Summative assessment- Examinations:

Not applicable.

Summative assessment- Coursework and in-class tests:

Number and length of assignments and in-class tests, and if available, the submission date for each assignment (expressed as a week of a specific Term): 

One 2,500 individual written assignment with a weight of 100% of the final assessment mark; submission dates according to intake schedule. 

Formative assessment methods:

Formative Assessment Methods (Work which provides opportunities to improve performance (e.g. through feedback provided) but which does not necessarily always contribute towards the overall module mark): 

The module includes a series of real-world risk related mini-case studies. Participants will have opportunities to analyse a case in each session and share their analysis in the chat/forum. Each participant can receive Q&A through tutor support/chat as part of online forum. 

Penalties for late submission:

Penalties for late submission, where variant (University standard penalties for late submission are automatically generated): 

These are in accordance with the mode of study arrangements laid out in the Programme Specifications.  

Penalties for late submission on this module are in accordance with the University policy. Please refer to page 5 of the Postgraduate Guide to Assessment for further information: http://www.reading.ac.uk/internal/exams/student/exa-guidePG.aspx  

Assessment requirements for a pass:

An overall mark of 50% for the individual written assignment. 

Reassessment arrangements:

Reassessment by 100% assignment (capped at 50%); deadline to be advised by the Examinations Manager following the relevant Programme Examiners’ Meeting. 

Additional Costs (specified where applicable):

The cost of textbooks and study aids for apprentices are met by the University of Reading as per the Education and Skills Funding Agency Regulations. 

Last updated: 30 March 2023