Risk management for directors
A one-day workshop
Every business faces risk.
The role of the board and senior mangement in understanding, responding to, and taking risks is a vital one for the success of a business.
This workshop is designed to improve understanding of risk and risk management, and to help board members use risk information and insights to inform decision making.
Learning outcomes
the role of board members in assessing the risks facing the business
oversight of the risk management process and internal control systems
evaluating risk, focusing on opportunities as well as potential negatives
making informed decisions based on a sound understanding of risks and opportunities
Who Should Attend?
This workshop is designed for both executive and non-executive board members. It is also suitable for those individuals who work closely with boards, and those who are seen as potential board members.
Course outline
This is an indicative agenda - a starting point for a conversation with you. We would ne happy to tailor it to your precise requirements.
- Understanding risk:
core concepts and jargon-busting; cause and consequence, describing risks; models for Risk Management
- Directors' responsibilities:
setting the risk appetite and culture; putting a sound framework in place; risk at the heart of decision-making; questions directors should be asking
- Identifying and responding to risk:
horizon and environmental scanning; top-down and bottom-up approaches; understanding opportunities; where should the board get involved? roles and responsibilities
- Assurance: how do we know what we think we know? assurance and sources of assurance; how much is enough?
- Reporting and information: interpreting reports; turning data into management information; driving risk themes
Workshop format
- Usually delivered as a one-day session
- Highly interactive, with plenty of discussion around different scenarios and issues of specific concern to you and your organisation
- Can be run as a series of half-day modules, if preferred
Book your course
All of our courses can be tailored to your needs.
To make a booking or discuss your requirements, get in touch: