Certificate in Corporate Governance (CCG) Module 3 - Strategy and Risk

Risk management is also a key role of all boards. The Board is responsible for ensuring that all business risks are identified, evaluated, and suitably managed.  Directors must decide, acting on management’s advice, how much risk the company can accept.  

What will be covered?

The course will enable you to:

• Explain an effective strategy’s components
• Analyze the board’s role in the governance of a company’s strategy
• Identify the benefits of developing a strategy
• Identify appropriate tools to formulate strategy
• Identify key performance frameworks and indicators to evaluate organizational performance
• Identify and implement appropriate actions based on performance assessment
• Identify key performance indicators to evaluate CEO’s and other executive directors’ performance
• Describe the nature of risk and the board’s role in risk management
• Outline risk-assessment and decision-making frameworks
• Outline priorities for disaster-recovery and business-continuity planning
• Define corporate responsibility and related terms
• Describe the business case and best practices for corporate responsibility
• Relate the board’s role in strategy and risk to corporate responsibility