Risk Management for Healthy Organizations & Governance Event, 05.May.2025

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