Ideal for Founders of SMEs, Directors, Board Members, CEOs
About the event
This is an open training for senior management and Risk Management professionals and Board members of institutions who wish to learn how to optimize financial benefits from good governance and management of Risk and Compliance
Content
The program features a combination of workshop facilitation and panel discussions.
- Introduction: What Is Corporate Governance?
- Overview of GRC frameworks and their importance in organizational management.
- Understanding the interplay between governance, risk management, and compliance functions.
- Benefits of Corporate Governance
- Corporate Governance Best Practices:
- Principles of effective corporate governance, (Fairness, board oversight, transparency, Risk Management, Responsibility accountability, and shareholder engagement).
- Implementing governance structures and mechanisms to promote ethical conduct and mitigate conflicts of interest.
- The Board
- Appointment/Selection
- Constitution of the Board
- Roles and responsibilities
- Board Remuneration
- Board Tenure
- Board Evaluation
- Frequency and Quorum of Board Meetings
- Board Committees
- 4 Ps of Corporate Governance
- People
- Process
- Performance
- Purpose
- Enterprise Risk Management (ERM):
- Introduction to ERM frameworks and methodologies for identifying, assessing, and managing risks across the organization.
- Establishing risk appetite, tolerance levels, and risk mitigation strategies aligned with business objectives.
- Cybersecurity Governance and Risk Mitigation:
- Strategies for integrating cybersecurity considerations into the organization’s governance framework to protect against cyber threats.
- Implementing risk-based approaches to cybersecurity, including threat assessments, vulnerability management, and incident response planning.
- Financial Governance and Regulatory Compliance:
- Ensuring financial integrity and regulatory compliance through effective financial governance practices, internal controls, and reporting.
- Addressing regulatory requirements related to financial disclosure, auditing, and tax compliance.
- Supply Chain Risk Management:
- Identifying and mitigating risks within the supply chain, including supplier dependencies, geopolitical factors, and disruptions.
- Implementing supply chain transparency initiatives and resilience strategies to enhance risk management capabilities.
- Data Governance and Privacy Compliance:
- Establishing data governance frameworks to ensure the quality, integrity, and security of organizational data assets.
- Addressing data privacy regulations such as (GDPR, Kenya Data Protection Act e.t.c) through privacy compliance programs and controls.
- Crisis and Business Continuity Management:
- Developing crisis management and business continuity plans to address potential disruptions to operations, including natural disasters, cyber incidents, and pandemics.
- Conducting regular testing and exercises to evaluate the effectiveness of crisis response and recovery strategies.
- Compliance Management Systems:
- Designing and implementing compliance management systems to ensure adherence to legal, regulatory, and internal policy requirements.
- Developing compliance programs, policies, and procedures relevant to your industry-specific risks and obligations.
- Whistle Blowing
- Corporate Governance Models
- Types of models
- Choosing the Best Model for your business
- Identifying Good and Bad Corporate Governance (with case studies)
Training Methods
Facilitation, videos, case study and panel discussion.