Risk Management

These workshops are suitable for experienced directors and Boards that are aware of their governance roles and responsibilities. They give participants an overview of the key issues in risk management oversight. ASX Principle 7 establishes that a board should recognise and manage risk and this course develops the skills required to do so.

At the end of the course participants will understand their own and the organisations risk appetite and will be able to align the risk appetite with the corporate strategy to better manage the risk reward equation. Participants will also determine the manner and frequency of risk reporting and develop a set of KPIs that will form the basis for ongoing risk reporting.

The course includes:

Determining your organisation's appetite for risk

What are Board members really worried about? Which of these are relevant in your Board?

What are the key risks in practice?

How are companies managing these risks?

What are the emerging new risks that companies may not yet be managing?

How to start a strategic risk conversation within the Board or audit committee