Corporate Governance & Risk Management for State & Public Sector Organisations
17 - 21 November 2024
Dubai
Cost per Delegate
$2,500
Overview:
The "Corporate Governance & Risk Management for State & Public Sector Organisations" course is designed to provide participants with a comprehensive understanding of corporate governance principles, practices, and risk management strategies tailored specifically for state and public sector organisations. The course will delve into the unique challenges faced by public sector entities, including regulatory compliance, stakeholder expectations, and transparency requirements.
This training course will equip the board of directors, senior executives, managers and head of departments to effectively discharge their staff and collective governance roles, responsibilities and accountabilities, and lead the organization to mitigate their risk and ensure the success and sustainability through governance excellence and efficient risk management. It will support to implement them effectively and achieve critical stakeholder outcomes by acting appropriately and fairly. As effective management of risk is now recognized as a critical element of good governance and assurance arrangements in public service organizations and state agencies.
Course Objectives:
By the end of this training course, participants will be able to:
• Understand the fundamental principles and concepts of corporate governance in the context of state and public sector organisations.
• Identify the key components of an effective governance framework tailored to public sector entities.
• Develop strategies for managing risks associated with public sector operations, including financial, operational, and reputational risks.
• Implement best practices in governance and risk management to enhance transparency, accountability, and stakeholder trust.
• Evaluate and improve governance structures and risk management processes within their organisations.
• Define the nature, important components and importance of governance and how to achieve it for the state and public sectors
• Identify the requirements of good governance with relevant roles, responsibilities and accountabilities within the state and public sector
• Establish, lead and manage the specialist functions to meet the requirements of current corporate governance codes and standards, and manage the required change and development effectively for the state and public sector
• The role and responsibilities of the Board and those with whom they interact, and Management in implementing good governance principles
• Identify the types of risk for the state and public sectors with a potential impact on corporate governance
• Appreciate the role of risk management in the governance and management of organization
• Conduct Monitor program of risk management policy obligations and risk registers
Who should Attend:
This course is designed for:
• Senior executives and leaders in state and public sector organisations responsible for governance and risk management.
• Board members and directors of public sector entities.
• Government officials and policymakers involved in public administration and regulatory compliance.
• Professionals in audit, compliance, legal, and finance roles within public sector organisations.
• Consultants and advisors working with state and public sector clients on governance and risk management issues.
• Anyone interested in gaining a deeper understanding of corporate governance and risk management specific to the public sector.
Course Outline:
DAY 1:
Overview of Public Sector Governance
• An Overview of the International Governance Trends
• The Batho Pele Principles
• What is public sector governance?
• The Principles of Good Governance
• The Governance Framework
• The Reason Governance is Important
• The Similarities and Differences with the Private Sector
• Guidelines and Documentation
• Code of Practice for the Governance of State Bodies
DAY 2:
Establish Good Governance
• Approaches for Building Better Governance
• Processioning of Right Decision: The Right People at the Right Time
• Reviewing Governance Arrangement
• Detection of Fraud and Anti-corruption Measures
• Compliance Function in Your Organization
• The Role of a Board / Top Management
• Effective Processes
• Receiving Assurance
• The Audit Process & Audit Committee
DAY 3:
The Basic Building Blocks of Public Governance
• Tone at the Top
• An Ethical and Values-based Culture
• Establish an Appropriate Governance Committee Structures
• Relationships, Culture and Communication between Departments and State Bodies
• Statement of Internal Financial Controls
• Contents of an External Assessment
• Clear Accountability Mechanisms
• Relationships with External Stakeholders
• Working Effectively Across Organizational Boundaries
DAY 4:
Comprehensive Risk Management, Compliance and Assurance Systems
• Identification of Risk, Prioritizing, Scoring, and Managing Risks
• Role of Risk Management
• Risk Management Principles and Process
• Risk Tolerance and Other Management Approaches
• Compliance Requirements and Decision-making Tools
• Implications for Governance and Controls
• Monitoring and Reporting
• Implications for the Audit and Governance Arrangements
• Comprehensive and Flexible Systems
DAY 5:
Strategic Planning, Performance Monitoring and Evaluation
• Strategic Planning and Review Mechanisms
• Role of Board Committees
• Workings of the Nomination, Remuneration and Audit Committees
• Performance Monitoring and Evaluation
• Other Board Committees
• Holding Board Committees to Account
• Principles-based Rather than Rule-driven
End of the Workshop
For Training arrangements call us on the detail below
TANZANIA: +255 749 50 26 78
SOUTH AFRICA: +27 694 31 79 73
KENYA: +255 749 50 26 78
DUBAI: +27 694 31 79 73
