Programme Overview
The traditional approaches to coordinating risk and assurance were once useful, but times have changed. Risk management is not just confined to tabletop exercises but clearly the need to articulate how it aligns to the company’s bigger purpose. This has brought upon increased discussions and decisions around the intersection of strategy, risk and opportunities.
There is a call for an incremental expansion of board risk- oversight and accountability. Well institutionalised board structures, committee specialisation/board composition is essential in overseeing a broadening risk agenda, as well as the implementation of a forward-looking risk assessment, shifting the lenses to be more future-focused, especially in the areas of sustainability and digital enablement.
This thinking of the approach to risk governance will hopefully strengthen organisations’ resilience ahead of whatever the next shockwave may be – from having to deal with extraordinary and emerging risks to repurposing them into opportunities for business growth.
Learning Outcomes
- Explore an organisation’s approach to integrating strategy and risk management and aligning back to the bigger purpose of the institution itself
- Understand the use reporting mechanisms and design construct to cater for near to real time information flow for analysis and decision making
- Discuss on emerging trends i.e. sustainability, digitalisation, data proliferation impacting the way we practice and manage risk
- Understand the developments and thinking surrounding the liability over directors in failing to perform their fiduciary duties
Who is this Programme For?
- Developing or Emerging Directors
- Directors with a tenure between 3 – 5 years
Speaker
