Strategic Governance, Risk and Compliance
Details
This course is designed to prepare current and future board members, executives and senior managers for participation in governance, risk and compliance (GRC) best-practice. Participants might be future Chief Risk Officers (CROs), CFOs, Chief Compliance Officers (CCOs), Company Secretaries and other executive and non-executive board-members, as well as future participants in related GRC functions. The programme is hinged on how GRC has evolved from a back-benchers to pivotal, catalogued and often incongruent or nebulous areas to a comprehensive function with the express purpose of supporting strategy formation and execution. In contrast to traditional GRC, modern “strategic” GRC, takes its shape from its successful adoption by leading firms across the world, where it has been value-enhancing.
Course Highlights:
Attendees should have some familiarity with basic corporate governance; however, concepts will be addressed at both the rudimentary and advanced levels.
Outline
COURSE HIGHLIGHTS:
- Understanding the business case for GRC
- Role of Governance, Risk and Compliance in increasing value by enhancing performance
- Measuring GRC using Key Performance Indicators (KPIs)
- How GRC can be shaped to support common strategic initiatives (e.g., digital transformation, M&A, corporate investment, innovation, etc.)
- Gauging Risk Culture, including reticence, resistance, ignorance and pushback
- Implementing GRC along COSO ERM and best-practice lines
- Distinguishing KPIs and Key Risk Indicators (KRIs)
- Developing an Engagement Process for stakeholders
- Ownership in GRC
- Challenges to Effective GRC: Conduct Risk, Weak Risk Culture, Bias at the Board- and Committee-Level
For Whom?
Board Members, Senior managers, executives and board members.
Special Offer
Register 5 participants on the same course on the same dates at the cost of 4 participants.
Applicable to all open courses
Schedules
| Tue, Wed, Thu, Fri |
| No. of Days: | 4 |
The purpose of Human Enterprise Resources and Outsources (Hero) Advisory & Consulting is to help all types of organisations achieve peak performance by promoting proven governance positive behaviours and reducing negativity and poor performance.
Our approach is to address the context for behaviour and to help individuals and the organisation establish and sustain a culture of trust and commitment. This has been repeatedly shown as the most effective and sustainable way of improving motivation, performance and productivity.
Hero is leader in collaborative organization design and governance transformation. With the most integrated and comprehensive methodology, the team at Hero enable clients to realize their future ambitions.
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