Modern organizations are continuously evolving and the environment in which they operate is becoming more dynamic; hence risk management is increasingly taking a centre stage. Globally the underlying assumptions are continually being challenged, the business environment is becoming more competitive and stakeholders are progressively demanding responsible activities from governments and business. Boards are continually being challenged for the decisions they take and the risks those decisions expose the organization and society into.
Hence, not only do the organizations take risk management as a compliance requirement, which it surely is, but they also understand that pursuing formal risk management initiatives in, corporate governance, strategy and operations will increase their organizational value, retain stakeholder confidence, protect company and professional integrity and ensure long term sustainability.
The aim of the training is to enhance the knowledge of Board of Directors, Councillors, Executive Management and Committees to enable them to discharge their duties effectively and confidently. The program enables participants to develop broad-spectrum insights into best risk management practices that improve coherence and resilience in business direction and strategy, drive corporate responsibility, improve organizational accountability and boost stakeholder confidence.