Qualification Level

Fundamentals of Risk Management for Directors

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Become a smarter and more effective leader. Rapidly acquire the insights and skills to lead and strengthen your organisation’s risk management systems.

Enrol by:
5th March 2024
Contact hours
3-5 hours
Access for
6 months
Format
Online
14-day money back guarantee' T's&C's apply
Fees
£450

Why is risk management in corporate governance important?

Most organisations face risk in their day-to-day activities. It shows they’re open to change and innovation. Risk management pinpoints and helps to prepare for risk, so that there’s no negative impact. A board with a good risk response strategy sets itself up for success.

Support

Identify

No board knows for sure the outcome of risk, so a risk management strategy is essential to identify different outcome scenarios.

Practical

Assess

Knowing which risks make sense for the organisation and which are reckless takes time and a broad combination of skillsets to get right.

Door opening representing opportunity

Control

A board that asks the right questions will have proper oversight of risk and its outcome for the organisation.

14-day money-back guarantee

Receive a full refund within 14 days if you choose not to continue. No additional fees or penalties apply to cancellations within this period. T&Cs apply.

Start learning for £450

Learn more about the Certificate

What you will learn

The fundamentals of risk

The fundamentals of risk

Explore the fundamental concepts of risk, and distinguish the difference between risk management and oversight.

Risk oversight and monitoring

Risk oversight and monitoring

Get an in-depth understanding of useful key aspects and considerations for risk oversight and monitoring.

Risk response

Risk response

Learn about the different responses boards can take to risk and the key considerations they need to explore.

The future of risk management

The future of risk management

Discover the trends in risk management that could influence the risk landscape and how changes in risk mindset are having an impact.

How you will apply your learning

Identify and confidently speak about the material risks that the organisation faces in a timely manner.

Recognise and implement an appropriate risk management strategy to manage different risks.

Understand how to integrate risk and risk management into strategy development and business decision-making.

Use your knowledge to escalate material risk information to senior executives, the board, or relevant committees quickly.

Recognise that risk is not necessarily negative and that there can be many positives to taking risks.

Ensure the board is kept informed about the changing risk landscape and identify how the organisation can adapt.