Course Description
This comprehensive 10-day course equips professionals with advanced skills in risk management and corporate governance. Participants will learn to identify, assess, and mitigate various organizational risks while implementing robust governance frameworks. The program combines theoretical knowledge with practical applications, preparing leaders to build resilient and ethical organizations.
Learning Objectives
- Develop a comprehensive understanding of risk management principles and processes
- Master corporate governance best practices and ethical leadership strategies
- Learn to implement effective risk mitigation and control measures
- Understand the interplay between risk management and corporate governance
- Acquire skills to enhance organizational resilience and stakeholder trust
Course Modules
Day 1: Introduction to Risk Management
- Defining risk and its impact on organizations
- The risk management process overview
- Risk categories and classifications
- Importance of risk culture in organizations
Day 2: Risk Identification and Assessment
- Risk identification techniques
- Qualitative and quantitative risk assessment methods
- Risk prioritization and mapping
- Developing a risk register
Day 3: Risk Mitigation Strategies
- Risk response planning
- Risk transfer, acceptance, and avoidance
- Implementing risk controls
- Contingency planning and crisis management
Day 4: Enterprise Risk Management (ERM)
- ERM frameworks and standards
- Integrating ERM into organizational strategy
- Risk appetite and tolerance
- Key Risk Indicators (KRIs) and monitoring
Day 5: Operational and Financial Risk Management
- Managing operational risks
- Financial risk assessment and mitigation
- Business continuity planning
- Insurance and risk transfer mechanisms
Day 6: Introduction to Corporate Governance
- Principles of good corporate governance
- Regulatory frameworks and compliance
- Board structure and responsibilities
- Shareholder rights and stakeholder management
Day 7: Governance Risk and Compliance (GRC)
- GRC framework implementation
- Internal control systems
- Compliance risk management
- Ethical decision-making in governance
Day 8: Board Effectiveness and Leadership
- Board composition and diversity
- Director roles and responsibilities
- Board evaluation and performance metrics
- Succession planning and leadership development
Day 9: Corporate Social Responsibility and Sustainability
- ESG (Environmental, Social, Governance) factors
- Sustainable business practices
- Corporate social responsibility initiatives
- Reporting and transparency in governance
Day 10: Integrating Risk Management and Governance
- Aligning risk management with governance structures
- Risk reporting to the board
- Building a resilient organization
- Future trends in risk management and governance
Practical Wins for Participants
- Ability to develop and implement a comprehensive risk management framework
- Skills to enhance board effectiveness and ethical leadership
- Strategies to integrate risk management with corporate governance practices
- Techniques to build organizational resilience and stakeholder trust
Credits: 5 credit per day
Course Mode: full-time
Provider: Blackbird Training Centre