Strengthen Corporate Governance to Promote Transparency, Accountability and Effectiveness in Management Practices

Synopsis

Recent corporate collapses and the financial crisis have highlighted the weaknesses of existing internal controls and risk management systems and the need for a higher level of corporate governance to better align and protect the diverging interests of the various stakeholders in the corporate ‘game’.

It is necessary not only to develop effective management control systems but also to create a corporate culture and that integrate, business ethic, proper governance and effective compliance is an important part of the overall risk management strategy also know as GRC (Governance, Risk & Compliance). This workshop will guide you through a comprehensive road map on how to build better Corporate Governance for your organization.

Learning Objectives: How you will benefit

• Ethics: Define corporate governance for your organisation and develop a clearly ethical basis to your business operation and decisions
• Strategic risk management: Develop an effective strategy process which align and incorporates stakeholder value
• Organization: Design an organisation suitably structured to support good corporate governance and risk management
• Reporting: Develop reporting systems structured to provide transparency and accountability
• Compliance: Understand the implications of regulatory requirements such as Sarbanes Oxley for corporate accountability and ethical behaviour

Workshop Outline: What you will cover

• History and Evolution of Corporate Goverance
• Stakeholders Theory in the Corporate Governance ‘game’
• Basic paradigm of Corporate Goverance: the Agency Dilemma
• Relationship between corporate governance, risk management and compliance (GRC)
• Regulatory requirements for corporate goverance (ex of Sarbannes Oxley
• Factors influencing the types of Corporate Governance Systems in Organizations
• Types of Board of Directors and Ownership structure
• Role and responsibilities of the Board of Directors and of the Management  
• Goverance Expectations for board Oversight of Risk Management
• Coporate Goverance in in specific situations (M&A, Comglomerates, etc)

Toolbox

• Reputation Assessment scorecard
• Take part in a crisis communications simulation exercise
• Develop Stakeholder’s Checklists
• How-to procedures/reminders and templates sample
• Key communication messages & media releases samples

Testimonials

“I have gained a lot of useful knowledge in this workshop that will help me improve our governance mechanisms”. Managing Director, Charity