Risk Management: Essential in Today's Global Economy

Instructor: Dr. Sandford Liebesman
Product ID: 700587

recorded version

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Recorded Link and Ref. material will be available in My CO Section
Last Recorded Date: Nov-2007

Training CD / USB Drive

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Read Frequently Asked Questions

The process consists of defining the organization’s objectives, specifying the risk categories, identifying risks to the objectives and specifying methods of managing risk.


I will also discuss managing the risk portion of SOX compliance.

The global economy has provided organizations with many opportunities that didn’t exist even ten years ago. But it also presents organizations with many risks because of the flattening of the Earth via the internet and extensive outsourcing to countries such as China, Mexico and other nations. The designers of the COSO guidance commonly used for Sarbanes-Oxley Law (SOX) compliance recognized the importance of risk by including risk assessment as one element of the system of internal control. In this presentation I describe an assessment process that can be used to help manage risks to the objectives of an organization. I will describe commonly used risk management tools.

Areas Covered in the seminar:
  • Introduction to risk management
  • Categories of risk
  • Strategic Risk
  • Operational Risk
  • Compliance Risk
  • Organizational Risk
  • Risk management methodology
  • Controls in a Top down, Risk based environment

Who Will Benefit:
This webinar will provide an understanding of the risks to an organization’s objectives. The following individuals will benefit:
  • Quality managers and financial managers
  • Quality engineers
  • Quality auditors and financial auditors
  • Quality executives and financial executives
  • Risk Managers
  • Consultants
  • Members of the Board of Directors

Instructor Profile:
Dr. Sandford Liebesman, had over 35 years experience in quality at Bell Laboratories, Lucent Technologies, Bellcore (Telcordia) and KEMA Registered Quality. He is an ISO 9000 subject matter expert and is author of the books TL 9000, Release 3.0: A Guide to Measuring Excellence in Telecommunications, 2nd Edition and Using ISO 9000 to Improve Business Processes.

He currently is a quality management system consultant with Sandford Quality Consulting LLC and is leading the American Society for Quality (ASQ) SOX Team in support of compliance to the Sarbanes-Oxley Law (SOX). He has presented seminars and published articles on QMS/EMS support of SOX and led the team that developed the 2005 and 2006 ASQ Sarbanes-Oxley conferences. Dr. Liebesman has an engineering degree from the United States Naval Academy and MSEE and Ph.D. (Operations Research) degrees from New York University. He taught statistics, quality control, quality management and operations research at Rutgers University. He is Chair-Elect of the ASQ Electronics and Communications Division and was recently elected as a Fellow of ASQ.

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Critical Vendor Risk Management
ACH Risk Management

Refund Policy

Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange.

Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time.

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