Course Fee
Fee: $1,175 incl. GST
Early Bird Fee: $ 945 incl. GST (Until 14th August)
Delivery
Facilitated virtual or in-person workshop
Duration
Wednesday, 2 September 2026
9:00 am – 5:00 pm
Transform Procurement Risk into Strategic Advantage
As organisations face increasing uncertainty, procurement professionals are expected to play a more strategic role than ever before. Delivered in partnership with the Institute of Strategic Risk Management (ISRM), the world’s leading professional body for strategic risk, AcademyGlobal, a CIPS Centre of Excellence and Australia’s leading public sector procurement and contract management training organisation, is proud to deliver the Strategic Risk Management for Procurement and Supply Professionals program.
Supply chain disruption, geopolitical uncertainty, AI-driven transformation, regulatory change and rising stakeholder expectations are reshaping the environment in which procurement and supply professionals operate. In this increasingly complex landscape, traditional compliance-focused approaches to risk are no longer sufficient.
This program equips procurement and supply professionals with the knowledge, tools and strategic mindset to identify, assess and manage risk proactively. Participants will learn how to strengthen organisational resilience, protect value, support informed decision-making and position procurement as a trusted strategic partner that creates lasting value.
AcademyGlobal (AG)
As a CIPS Centre of Excellence and in partnership with the Institute of Strategic Risk Management (ISRM), the world’s leading professional body for strategic risk, AcademyGlobal brings world-class procurement, contract management and strategic risk education to professionals across Australia and the Asia-Pacific region.
We are committed to empowering procurement and supply professionals with the knowledge, skills and internationally recognised learning needed to strengthen organisational resilience, manage strategic risk and deliver greater value for their organisations.
The Institute of Strategic Risk Management (ISRM)
The Institute of Strategic Risk Management (ISRM) is the world’s leading professional body for strategic risk management. Through its global network of practitioners, academics and policymakers, ISRM advances professional practice, thought leadership and capability development, helping organisations build resilience and respond effectively to an increasingly complex risk environment.
Program Overview
Today’s procurement and supply professionals operate in an environment defined by supply chain disruption, geopolitical uncertainty, AI-driven transformation, regulatory change and increasing stakeholder expectations. Managing these risks is no longer simply a compliance exercise, it is a strategic capability that influences organisational resilience, performance and long-term value.
Designed specifically for procurement and supply professionals, this highly interactive workshop provides practical frameworks, tools and techniques to identify, assess and respond to strategic risks across the procurement lifecycle.
Through expert-led discussions, applied exercises, case studies and collaborative learning, participants will develop a practical procurement risk action plan that can be immediately applied within their organisation.
By the end of this program, you will be able to:
- Understand the principles of strategic risk management in a procurement and supply context.
- Apply ISO 31000 to identify, assess, evaluate and treat procurement risks.
- Analyse external risks using PESTEL and internal capability using SWOT.
- Use Premortem Analysis to identify potential failures before they occur.
- Apply the Futures Wheel to understand cascading impacts across supply chains.
- Conduct Scenario Planning to prepare for multiple future operating environments.
- Assess risk likelihood, consequence, velocity and interdependencies.
- Develop practical procurement risk responses aligned with organisational objectives.
- Strengthen governance and embed a proactive risk culture across procurement.
- Examine Australian and international case studies to identify lessons and best practice.
- Understand emerging risks including geopolitical disruption, AI, modern slavery and climate-related supply chain obligations
- Joint AcademyGlobal–ISRM Certificate of Completion and digital credential.
- Professional membership with the Institute of Strategic Risk Management (ISRM).
- Comprehensive course materials and practical templates.
- Morning tea, lunch and refreshments.
- A procurement strategic risk action plan ready to tailor and present within your organisation.
Strategic Risk Foundations and ISO 31000
- The strategic role of risk management in procurement and supply.
- Understanding the procurement leader’s role in governance, resilience and value creation.
- Applying the ISO 31000 risk management framework to procurement and supply chains.
- Establishing organisational risk context, appetite and tolerance.
- Distinguishing strategic risk from operational and compliance risk.
Identifying Strategic Procurement Risks
- Identifying internal and external risks affecting procurement and supply chains.
- Analysing geopolitical, economic, technological, environmental and regulatory risks using PESTEL.
- Assessing organisational strengths, vulnerabilities and opportunities through SWOT analysis.
- Mapping interconnected supply chain impacts using the Futures Wheel.
- Prioritising strategic risks and engaging stakeholders to surface emerging issues.
Assessing and Responding to Risk
- Applying qualitative, quantitative and hybrid risk assessment techniques.
- Using Premortem Analysis to identify hidden vulnerabilities before implementation.
- Improving decision-making under uncertainty in complex procurement environments.
- Developing practical risk treatment strategies and mitigation plans.
- Aligning procurement risk management with organisational resilience and strategic objectives.
Strategic Foresight and Scenario Planning
- Building and testing future procurement scenarios using Scenario Planning.
- Identifying weak signals and emerging risks through horizon scanning.
- Preparing procurement strategies for multiple future operating environments.
- Developing practical strategic risk action plans for immediate workplace application.
- Embedding strategic thinking into procurement leadership and organisational decision-making.
| Time | Workshop | You’ll Explore |
|---|---|---|
| 9:00 – 9:15 | Welcome & Orientation | Program objectives and today’s procurement risk environment. |
| 9:15 – 10:30 | Module 1 – Building the Strategic Risk Mindset | ISO 31000, governance and strategic procurement risk. |
| 10:45 – 12:15 | Module 2 – Identifying Emerging Risks | PESTEL, SWOT, geopolitical risk, AI, regulation and the Futures Wheel. |
| 1:00 – 2:30 | Module 3 – Assessing and Treating Risk | Risk assessment, Premortem Analysis and practical treatment strategies. |
| 2:45 – 4:15 | Module 4 – Looking Ahead | Scenario Planning, horizon scanning and building resilient procurement strategies. |
| 4:15 – 5:00 | Action Planning & Close | Develop your procurement risk action plan, review key insights and receive your certificate. |
This program is designed for professionals responsible for managing procurement, supply chain and strategic risk, including:
- Procurement and supply leaders, including Chief Procurement Officers, Heads of Procurement, Procurement Managers and Category Managers.
- Contract, commercial and supply chain professionals managing complex procurements, major contracts, critical suppliers or strategic supply chains.
- Government and public sector professionals, including procurement, infrastructure, defence and project specialists, as well as CIPS members seeking to strengthen their strategic risk capability.
From Frameworks to Action
Strategic risk management is learned by doing. Throughout the program you’ll apply internationally recognised tools, including ISO 31000, PESTEL, SWOT, Premortem Analysis, the Futures Wheel and Scenario Planning, to realistic procurement challenges.
You’ll leave with practical experience, greater confidence and a tailored strategic risk action plan ready to implement within your organisation.
In-House Delivery
The program can be delivered in-house. This is especially cost effective for organisations interested in training a number of individuals or whole teams. It also allows us to tailor the course content to your organisation’s unique needs and context.
Contact us for more information: info@academyglobal.com
Upcoming Programs:
Scheduled Courses
Finance, Risk & Project Management
1 day
From $1,175.00
