What is the role of a board of directors and how do you maximize your role as a director? Learn about the 4 key leadership roles of the Board and how to maximize the effectiveness of the governance system. This 1-day Board Strategy & Risk Management Programme is a core module designed to explore the role of the Board in strategy setting and implementation in order to meet its goals whilst responding to changes in its environment. The programme also focuses on the importance of a top-down approach in risk management by the Board in efforts to cultivate a proactive approach

 

Learning Outcomes

  • Discuss the role of the board and the role of the director in setting strategy and risk management
  • Recognise the four board leadership roles that contribute to governance excellence including the role of the Recruiter, Conductor, Reporter, and Facilitator. Each of these roles will enable you to participate at the highest levels of the organizations and discuss the most important strategic and risk management issues confronting the organization.
  • Explore how the right board governance systems and directors can amplify corporate performance.

 

Target Audience

From newly appointed directors to senior directors

Virtual Classroom Format
Interactive Facilitated Learning
ICDM Virtual Classroom
07 Sep 2021 - 08 Sep 2021
9:00 AM - 1:00 PM
Blair Cook, CPA,CA CPA(Ill) MBA, Canada
Share: ShareLinkedinLinkedinLinkedin
Day 1 | 7 September 2021 9am - 1pm
9.00amIntroductions and warmup
9.15amModule 1: IWK Case – Failure in Governance
9.40am

Module 2: Board Leadership Roles

  • what type of governance systems do you use?
  • Factors for making governance effective or ineffective
  • how much value does your board provide?
  • 4 Board Leadership Roles – overview
10.30amVirtual Break
10.45am

Module 3: RECRUITER ROLE

  • Key stages within the strategic planning process
  • The role of Directors and the role of the Board within each of the strategic planning process
  • Key causes of strategic risk and how those risks can best be treated.
11.45amVirtual Break
12.00pm

Module 4: CONDUCTOR ROLE

  • Key points related to the COSO principles-based approach
  • The differences between COSO Internal Control Integrated Framework and COSO ERM Integrating Strategy & Performance
  • Thinking More Broadly about Risk Management
  • Matters of Importance for Board Discussion and the Agenda
12.50amRecap & Summary
1.00pmEnd of Day 1
Day 2 | 8 September 2021 9am - 1pm
9.00amRecap of Session 1 and any questions
9.15am

Module 5: REPORTER ROLE

  • the types of reporting the Board requires
  • The reports of the board and how to interpret financial information – presentation 
    • Financial Intelligence for Directors
    • Four dimensions of a board reporting strategy
    • KPI, Dashboards and Flash Reports
  • Link strategy to financial health and value creation.
10.25amVirtual Break
10.40am

Module 6: FACILIATOR OF STRATEGY ROLE

  • Strategic management presentation 
    • Situational analysis
    • Strategy formulation
    • Monitor execution of strategy
    • Unlocking strategic thinking and discussions
11.40amVirtual Break
11.55am

Module 7 – Risk Management Oversight and Practices

  • The importance of an organisation developing and implementing robust risk management practices.
  • The risk appetite of an organisation
  • The link between risk management, risk culture and effective leadership.
  • The director’s role in assessment, monitoring and treatment of risk within an organisation.
12.45pmModule 8: Wrap up
1.00pmEnd of Programme

Speaker

BLAIR COOK
BLAIR COOK
CPA, CA CPA(Ill) MBA, Canada