Risk Management, Control & Compliance
(Corporate Governance)

Minimising Risk and Exercising Internal Control

Course topic:

Corporate Governance

Format availability:

In-Person, Online streaming

Duration:

5 Days

Introduction to the course

This Risk Management, Control and Compliance training course will enable you to deal with one of the most difficult challenges in 21st century management. Evaluating the range of available risk management techniques and choosing the most appropriate action in each case are increasingly significant elements of managerial responsibility in today’s business environment.  We cannot eliminate risk entirely, but our challenge is to identify the right risk to take and to minimise its potential negative impact.  The training course will show you how to analyse and minimise risk; turn risk into opportunity; and manage uncertainty. 

This training course is structured around the ISO 31000:2018 framework, principles and processes. It will also demonstrate how to develop internal control mechanisms and explain how to measure risk in terms of probability and potential impact, at the same time as ensuring that the organisation complies with increasingly strict international standards of corporate governance.

This Risk Management, Control & Compliance (Corporate Governance) training course will highlight:

  • The knowledge to identify, analyse, evaluate, treat, monitor and control risks
  • An overview of leading-edge tools and techniques used in risk management
  • Insights into the fundamentals and role of risk management
  • Effective risk management procedures based on ISO 31000:2018
  • Increasing confidence in managing risk and exercising internal control

Course details

At the end of this Risk Management, Control and Compliance training course, participants will be able to:

  • Understand risk management and its application within an organisation
  • Identify, evaluate and control risk in strategy and operations of your organisation
  • Design and implement an effective risk management process
  • Ensure that your organisation can meet the rising standards of corporate governance
  • Communicate the characteristics of effective risk management to your teams

This Risk Management, Control and Compliance training course uses a range of proven advanced learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes group discussions, facilitated case studies, presentations and team-based exercises.  It will also include case examples of situations in which the training course leader has been personally involved.

Each session allows you to develop your skills and then to work out now to apply them in your organisation to:

  • Increase the effectiveness of your current approach
  • Prepare your plans for further development of these important managerial activities

In sending delegates to this Risk Management, Control & Compliance training course, the organisation will gain the following benefits:

  • Realistic perspectives on business prospects
  • Risk-adjusted evaluations of development opportunities
  • Improved feasibility analysis of proposed new projects
  • Improved performance in strategic and operational management
  • Closer match of programme / project objectives and outcomes
  • Guaranteed compliance with rising standards of corporate governance

In attending this training course, individual delegates will enhance the following skills:

  • Incorporating risk analysis in all decisions
  • Keeping projects under control against objectives and outcomes
  • Applying risk-adjusted calculations of business potential
  • Reducing the failure rate of high-risk projects
  • Contributing to continuous improvement of risk, control and compliance processes
  • Involving all team members in identifying and minimising risk

This Risk Management, Control and Compliance training course is potentially of great value to a wide range of managers who are responsible for evaluating issues that affect decisions on risk and the challenges of keeping control of increasingly complex businesses.

The following would benefit from this training course:

  • Strategic and Operational Planners
  • Financial Managers
  • Human Resource Specialists
  • Systems and Process Design Specialists
  • Marketing and Commercial Managers

Daily Agenda

DAY 1:
Understanding Risk Management – Context and Application
  • Creating a Robust Strategy – The foundation of your business
  • Understanding the Difference between Strategic and Operational Risk
  • Risk and Uncertainty: The Difference between the Two Terms
  • Risk Aversion and Risk Tolerance – Project Selection and Prioristisation
  • Using Quantitative and Qualitative Techniques in Assessing Risk
  • The Concept of the Risk Management Cycle and How This Works
DAY 2:
Identifying and Evaluating Risk
  • The Principal Drivers of Risk in Contemporary Business
  • Assessing Most Significant Categories of Risk for Business
  • Global Processes, Guidelines and Standards in Risk Assessment
  • The Relevance of ISO and the Professional Institutions
  • Application of the Main Tools and Techniques in Managing Risk and Uncertainty
  • Optimising a Risk Management Process
DAY 3:
Understanding and Managing Specific Types of Risk (I)
  • Strategic Risk – Deciding on the programme / project mix
  • Incorporating Risk Analysis into Business Development Decisions
  • Contingency Planning and Understanding Risk Exposure
  • Operational Risk – Coping with variance and divergence from plan
  • Managing Complexity in Contemporary Business Structures
  • Managing Risk Associated with Alliances and Joint Ventures
DAY 4:
Understanding and Managing Specific Types of Risk (II)
  • Financial Risk – Capital market dynamics, exchange rate exposure
  • Risks Associated with Different Forms of Corporate Capital Structure
  • Risks Associated with Management of Cash Flow / Credit
  • Legal Risk – The Requirements of Corporate Governance
  • Risks Associated with Intellectual Property Law
  • Product Liability / Litigation / Reputational Risk
DAY 5:
Embedding Risk Management into the Corporate Culture
  • Latest Developments in the Field of Risk Management
  • A Structured Approach to Implementing Risk Management
  • Designing / Developing a Risk Management Process for Your Own Organisation
  • Implementing and Embedding a Risk Management Culture in Your Organisation

Frequently Asked Questions

There are no prerequisites. Our courses are open to students of all backgrounds who are 18 years of age and older. All courses are conducted in English. Video lectures include English subtitles and the option to slow-down, pause, or replay lectures for better retention. Discussion boards are a critical component of each of our courses; therefore, we suggest students have a conversational knowledge of English when pursuing a Certificate of Completion. For any of the art writing courses, students need to be 100% proficient in written English.

You should have an up-to-date web browser such as: Chrome, Safari, Firefox, or Internet Explorer. For more detailed information, please see the guides for supported browsers and basic computer specifications. Our Online Courses can be accessed on a mobile or tablet device, although we strongly encourage you to have access to a desktop or laptop computer and reliable internet connection for certain course components. Former students have told us it is easiest to read discussion threads and complete written assignments on a laptop or desktop computer.

Registration is available on our website. Just follow these simple steps: Click the “Apply Now” button in the top right corner of your screen. Select “Online Courses.” Choose your course(s). You will be asked for basic contact information and your credit card payment. We require full payment at the time of registration and all tuition is billed in US dollars. Be sure to check with your bank or credit card company, as your financial institution may charge a foreign transaction fee.

Our classes are kept small, at no more than 30 students, to better facilitate and encourage personalized interaction with the instructor and fellow participants. Your classmates come from all over the globe and contribute their global perspectives and experience. Some are currently working within the arts while others are just beginning. All classmates share in their passion for the art world.

It is recommended that you begin your course promptly. If you do need to start the course a few days late, contact your instructor as soon as possible after the course has opened to discuss your options. Registration closes on the Friday after the course begins.

Enroll now

Click on a date to enroll and save your seat
Dubai
06-10 May 2024
Fee: $5,950
London
17-21 Jun 2024
Fee: $5,950
London
23-27 Sep 2024
Fee: $5,950
Online streaming
04-08 Nov 2024
Fee: $3,950
Amsterdam
04-08 Nov 2024
Fee: $5,950
London
25-29 Nov 2024
Fee: $5,950
Course customization available
Course customization available

This training course is available to be conducted at your own pace & at your own time. Request for a quotation now and our training advisor will contact you shortly

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