Advanced Risk Management Workshop
The COVID-19 pandemic and recent economic downturn have created economic and health crises for businesses across the globe. Agribusinesses have been particularly affected due to significant disruptions in their supply chains. While COVID-19 is not the first crisis to dramatically impact the industry, it will not be the last. Preparing for the next crisis is critical to creating resilience and building sustainable operations.
This one-day workshop will use the recent events from COVID-19 to facilitate the capacities, resources and capabilities to create resilient organizations with sustainable performance regardless of the environmental challenges. The workshop focuses on enterprise risk identification and management strategies. It explores the short-term and long-term, and pushes participants to think about "Black Swans." Join this workshop to learn what risks are most impacting your business and how to create the best mitigation plans.
Upon completing this agribusiness workshop, participants will have learned:
Sources of and lessons from transformational enterprise risks: The case of COVID-19
Analyses of enterprise risks
Implications of customer and supplier risks to enterprise performance
Enterprise risk management strategies
Assessing bottom line effect of alternative enterprise risk management strategies
Understanding the risks effecting agribusinesses is beneficial for a wide-cross section of business types in the industry sector including production, manufacturing or distribution of agribusiness products and services. The information is applicable to those in agribusiness director and management positions, as well as finance, human resources, warehouse, manufacturing, regulatory, and sales and marketing. Among others, this includes:
- Processor, traders, distributors and marketers of agricultural products
- Producers of crops and livestock at any scale
- Manufacturers and distributors agricultural inputs, supplies and farm equipment
- Grocery retailers and food service distributors
- Government agencies and non-profit organizations farming, food and nutrition
- Agribusiness specialized financial and legal service providers
- Ingredient suppliers
- Animal health
- Agribusiness entrepreneurs
- Agribusiness consultants
Participants will benefit directly in situating their organizations at the center of the conversations that will occur in this workshop. They will get practical approaches to building resilient organizations with the capability of producing sustainable performance under current and emerging crises. Specifically, participants’ benefits will include:
Ability to identify potential sources of transformational risks to their organizations
Hone their risk assessment skills within the context of their organization's supply chains
Link risk management to sustainable organizational performance
Capacity to develop and execute risk mitigation strategies.
$999 per person, with a 20% discount for those who register by Sept. 8.
The program fee includes:
- Light breakfast, lunch and afternoon refreshments
- Program materials in hard copy and e-formats
- Certificate of attendance from an accredited university
Vincent Amanor-Baodu, Ph.D.
Dr. Vincent Amanor-Boadu has more than 30 years industry experience and research expertise in strategic management helping food and agribusiness leaders across North America understand and navigate change situations. Through his experience, he's able to understand food and agribusiness issues from multiple dimensions, allowing him to use a holistic systems approach to guide business leaders to opportunities. His teaching style is easy, entertaining, practical and insightful. Dr. Amanor-Boadu teaches a senior undergraduate course on the Economics and Management of Food Manufacturing, Distribution and Retailing and a master's level course on Advanced Food and Agribusiness Management at Kansas State University.
Allen Featherstone, Ph.D.
Dr. Allen Featherstone uses his expertise in finance to aid both working professionals and students in understanding the tools of finance and applying them to the firm. His experience lecturing internationally helps him address financial issues under various political and economic systems. Dr. Featherstone has been with the Kansas State University Department of Agricultural Economics since 1986. He currently serves as department head and director for the Masters of Agribusiness Program. As a leading agriculture finance scholar, he has studied land markets; investment decisions; mergers in the financial services industry; the probability of agricultural loan default and loan loss severity; the influence of taxes on farmland; and alternative federal tax systems. His research has been reported on in lay publications such as DTN, The Wall Street Journal, The New York Times, The Washington Post, the Economist, Bloomberg, Farm Journal and Successful Farming. He has received the American Agricultural Economics Association's most prestigious graduate teaching award and its Quality of Communication Award. He earned a B.S. in Agricultural Economics and Economics from the University of Wisconsin- River Falls and a M.S. and Ph.D. in Agricultural Economics from Purdue University.