COURSE OVERVIEW
Risk Management, Control, and Compliance are critical pillars of effective corporate governance, fostering transparency, accountability, integrity, and long-term sustainability across an organization. By focusing on these areas, companies can manage risks effectively, protect stakeholder interests, and maintain trust in their operations. While risk cannot be completely eliminated, organizations can identify the right risks to take and mitigate potential negative impacts.

LEARNING OBJECTIVES
Upon completing this Risk Management, Control & Compliance program, participants will be able to:

• Understand risk management and its practical applications within an organization
• Identify, assess, and control risks across strategic and operational activities
• Design and implement an effective risk management process
• Ensure compliance with rising corporate governance standards
• Communicate effective risk management principles to teams and stakeholders

TARGET AUDIENCE
This program is highly relevant for professionals in the following areas:

• Strategic and Operational Planning
• Financial Management
• Human Resources
• Systems and Process Design
• Marketing and Commercial Management

TRAINING METHODOLOGY
This practical, results-oriented program uses adult learning principles to ensure knowledge is immediately applicable. The facilitator provides focused instruction and guides participants through discussions, exercises, and hands-on practice. Learning is reinforced through demonstrations, role plays, and scenario-based activities. The program includes ample time for Q&A and ‘return-to-work’ action planning. Pre- and post-course assessments measure training effectiveness.

COURSE CONTENTS

Module 1 – Understanding Risk Management: Context and Application

• Building a robust strategy as the foundation of business success
• Differentiating between strategic and operational risk
• Understanding risk versus uncertainty
• Risk aversion and risk tolerance in project selection and prioritization
• Using qualitative and quantitative techniques for risk assessment
• The risk management cycle: concept and practical application

Module 2 – Identifying and Evaluating Risk

• Key drivers of risk in today’s business environment
• Assessing major categories of business risk
• Global processes, guidelines, and standards in risk evaluation
• The role of ISO standards and professional institutions
• Applying tools and techniques to manage risk and uncertainty
• Optimizing risk management processes for effectiveness

Module 3 – Managing Specific Types of Risk (I)

• Strategic risk: determining project/program priorities
• Incorporating risk analysis into business development decisions
• Contingency planning and evaluating risk exposure
• Operational risk: managing deviations from plan
• Addressing complexity in modern business structures
• Managing risks in alliances and joint ventures

Module 4 – Managing Specific Types of Risk (II)

• Financial risk: market dynamics, currency exposure
• Risks related to corporate capital structures
• Cash flow and credit management risks
• Legal risk: corporate governance requirements
• Intellectual property risks
• Product liability, litigation, and reputational risks

Module 5 – Embedding Risk Management into Corporate Culture

• Current trends and developments in risk management
• Structured approaches to implementing risk management
• Designing and tailoring a risk management process for your organization
• Establishing and embedding a risk-aware culture throughout the organization