Corporate Governance and Risk Management Strategies Course

Course Overview

Welcome to the Overview of Corporate Governance and Risk Management Strategies course!  In today's complex business environment, understanding corporate governance and effective management strategies is crucial for ensuring organizational success. This course provides a comprehensive look at international governance trends, the principles of good governance, and the frameworks necessary for effective decision-making and risk management. By exploring the similarities and differences between public and private sector governance, participants will gain a well-rounded understanding of the governance landscape.

Target Audience

This course is ideal for:

• Senior executives and board members
• Corporate governance professionals
• Risk managers and compliance officers
• Public sector officials and regulators
• Auditors and internal control specialists
• Anyone interested in enhancing their understanding of governance frameworks

Course Objectives

By the end of this course, participants will be able to:

• Understand international governance trends and the importance of good governance
• Differentiate between public and private sector governance practices
• Implement effective governance frameworks and processes
• Detect fraud and apply anti-corruption measures
• Enhance compliance functions within their organization
• Develop strategic planning and performance monitoring mechanisms
• Build relationships with external stakeholders and manage risks effectively
• Explore the role of audit committees and board structures

Course Outline

An Overview of International Governance Trends

• Understanding global governance trends and their impact
• Exploring the Batho Pele Principles and public sector governance

Principles of Good Governance

• The Governance Framework and why governance matters
• Similarities and differences with the private sector
• Guidelines and documentation for state bodies

Establishing Good Governance

• Approaches for building better governance
• Ensuring the right people are in the right roles
• Reviewing governance arrangements and detecting fraud

Compliance and the Role of Top Management

• The role of board/top management in governance
• Effective processes for assurance and compliance
• The audit process and the role of the audit committee

Basic Building Blocks of Public Governance

• Establishing an ethical and values-based culture
• Creating appropriate governance committee structures
• Enhancing communication and culture between departments

Risk Management and Compliance Systems

• Identifying, prioritizing, and managing risks
• Understanding risk management principles and processes
• Compliance requirements and decision-making tools

Strategic Planning and Performance Monitoring

• Strategic planning and review mechanisms
• Role and workings of board committees
• Performance monitoring, evaluation, and accountability