Strategy Governance for Board

Deriving benefit from Strong Corporate Governance

Course topic:

Corporate Governance

Format availability:

In-Person

Duration:

5 Days

Introduction to the course

This KC Academy Strategy Governance for Board training course is intended for Board Directors and Senior Managers who wish to grapple with good governance and strategic leadership. Sound governance is more than a ‘nice to have’, it delivers better results and outcomes as well as ensuring that regulatory demands are met. Good governance dictates the rules by which management and employees carry out the organisation’s activities. It requires risks to be assessed, procedures to be complied with and an impartial audit function to ensure compliance and deliver improvements.

The Strategy Governance for Board training course highlights the importance of good governance practices for Boards and their relationship with risk management, compliance, and audit. To uphold the pillars of good governance requires sound policies and procedures combined with a supporting leadership culture cascaded throughout the organisation. Delegates attending this training course will learn about theory and good practice. Through case study examples, the practices of excellent organisations will be reviewed. There will be ample opportunity to examine the hard and soft skills needed by leaders in implementing sound strategic governance practices.

This Strategy Governance for Board training course will highlight:

  • Key principles of Corporate Governance
  • Enterprise Risk Management embedded in Governance
  • Cooperation between risk, compliance, and internal audit
  • The Board’s role and responsibilities
  • Delivery of 21st Century Aims and Objectives

Course details

At the end of this Strategy Governance for Board training course, you will learn to:

  • Demonstrate how the pillars of good governance are achieved
  • Understand the elements of Enterprise Risk Management
  • Appreciate the importance of links between risk management, compliance, and internal audit
  • Recognise the functions and roles held by the Board
  • Show how strategy and delivery of key objectives are fundamental to sound governance

This Strategy Governance for Board training course utilizes a range of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. It includes discussions, case studies, presentations and exercises. The training course leader will make extensive use of real-life case examples. Each session allows you to develop your skills and apply them to your organisation.

  • Stronger corporate governance
  • More robust risk management practices
  • Audit and compliance functions working in tandem for organisational improvement
  • Better relationships with key stakeholders
  • Recognition of the value of Non-Executive Directors
  • Understanding of how strategy and sustainable objectives form part of corporate governance

Participants will be able to further develop their personal management skills by being:

  • Greater understanding of the pillars of corporate governance
  • Deeper knowledge of enterprise risk management
  • Recognition of the value for linking risk management, compliance, and internal audit
  • Greater clarity of the board’s roles and responsibilities, and any sub-committees
  • Understanding how strategy forms a key part of governance
  • The value of strong corporate governance in meeting regulations and delivering benefits

The Strategy Governance for Board training course is intended for Senior Staff. It is suitable for a wide range of professionals but will greatly benefit:

  • Directors and Senior Executives responsible for strategy development and implementation
  • Managers and Leaders of marketing, research, operations, HR, finance functions
  • Managers in the planning function
  • Specialists in risk management, control, and corporate compliance
  • Managers in the internal audit function

Daily Agenda

DAY 1:
Key Principles of Good Governance
  • Why is corporate governance a must, not “nice to have”?
  • What are the main requirements of a sound governance?
  • What are the OECD’s important principles of governance?
  • What are the most important Governance Committees?
  • What are the obstacles and barriers to implement effective governance?
  • The benefits of sound governance
DAY 2:
Enterprise Risk Management (ERM) embedded in Corporate Governance Culture
  • Fundamental Concepts of Enterprise Risk Management
  • Risk Measurement, Risk Standards, Risk Identification and Evaluation
  • ERM steps: Identification, Assessment, Mitigation, Monitoring, and Reposting
  • Operational, financial, liquidity, legal, systemic, fraudulent, and non-compliance risks
  • Risk Control Self-Assessment (RCSA) and Heat Map
  • Risk Appetite Framework (RAF)- Risk Appetite Statement (RAS)
DAY 3:
Strengthening the Relationship between Risk Management, Compliance & Internal Audit
  • Fundamental Differences and the Need for Convergence
  • Overlapping: Healthy or Wasteful?
  • New Trends in Audit: Risk-based Internal Audit
  • How and why audit units move into Risk-based Audit programs?
  • Risk-based Compliance: Definition, Responsibilities and Goals
  • Risk Appetite: Balancing opportunities & threats
DAY 4:
Board Leadership in delivering sound Governance
  • Roles and Responsibilities of Board Members
  • The role of Non-Executive Directors
  • Managing stakeholder relationships
  • Developing a strategic planning culture
  • Challenging, questioning, learning – driving strategy
  • Soft skills are the hardest
DAY 5:
Organisational Aims, Sustainable Outcomes, Challenging Convention
  • 21st Century challenges
  • Balancing People, Planet & Profit
  • Building blocks for success: People, Process & Technology
  • Using the Balanced Scorecard to support Strategic objectives
  • How sustainable is your Business?
  • Personal Action Planning

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
Geneva
01-05 Jul 2024
Fee: $5,950
London
09-13 Sep 2024
Fee: $5,950
Paris
25-29 Nov 2024
Fee: $5,950
Geneva
07-11 Jul 2025
Fee: $5,950
London
15-19 Sep 2025
Fee: $5,950
Paris
01-05 Dec 2025
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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