Training on Corporate Governance and Risk Management Strategies

 Overview of Corporate Governance and Management Strategies

• An Overview of the International Governance Trends
• The Batho Pele Principles
• What is public sector governance?
• The Principles of Good Governance
• The Governance Framework
• The Reason Governance is Important
• The Similarities and Differences with the Private Sector
• Guidelines and Documentation
• Code of Practice for the Governance of State Bodies

Establish Good Governance

• Approaches for Building Better Governance
• Processioning of Right Decision: The Right People at the Right Time
• Reviewing Governance Arrangement
• Detection of Fraud and Anti-corruption Measures
• Compliance Function in Your Organization
• The Role of a Board / Top Management
• Effective Processes
• Receiving Assurance
• The Audit Process & Audit Committee

The Basic Building Blocks of Public Governance

• Tone at the Top
• An Ethical and Values-based Culture
• Establish an Appropriate Governance Committee Structures
• Relationships, Culture and Communication between Departments and State Bodies
• Statement of Internal Financial Controls
• Contents of an External Assessment
• Clear Accountability Mechanisms

• Relationships with External Stakeholders
• Working Effectively Across Organizational Boundaries

Comprehensive Risk Management, Compliance and Assurance Systems

• Identification of Risk, Prioritizing, Scoring, and Managing Risks
• Role of Risk Management
• Risk Management Principles and Process
• Risk Tolerance and Other Management Approaches
• Compliance Requirements and Decision-making Tools
• Implications for Governance and Controls
• Monitoring and Reporting
• Implications for the Audit and Governance Arrangements
• Comprehensive and Flexible Systems

Strategic Planning, Performance Monitoring and Evaluation

• Strategic Planning and Review Mechanisms
• Role of Board Committees
• Workings of the Nomination, Remuneration and Audit Committees
• Performance Monitoring and Evaluation
• Other Board Committees
• Holding Board Committees to Account
• Principles-based Rather than Rule-driven