COURSE DURATION 5 DAYS
Dates: 30th November – 4th December 2026
Introduction
A critical understanding of the role of Board members determines the quality of governance in the organization. Sound governance is more than a ‘nice to have’, it delivers better results and outcomes, as well as ensuring that regulatory demands are met. Good governance dictates the rules by which management and employees carry out the organisation’s activities. It requires risks to be assessed, procedures to be complied with, and an impartial audit function to ensure compliance and deliver improvements.
Objectives of the Course:
- The importance of good governance practices for Boards and their relationship with risk management, compliance, and audit.
- The need to uphold the pillars of good governance requires sound policies and procedures combined with a supporting leadership culture cascaded throughout the organisation.
- Theories of good governance and good practice.
Through case study examples, the practices of excellent organisations will be reviewed. There will be ample opportunity to examine the hard and soft skills needed by leaders in implementing sound strategic governance practices.
Key highlights of the Course:
- Key principles of Corporate Governance
- Enterprise Risk Management embedded in Governance
- Cooperation between risk, compliance, and internal audit
- The Board’s role and responsibilities
- Delivery of 21st Century Aims and Objectives
Who Should Attend?
This course is suitable for a wide range of professionals, but will greatly benefit:
- Directors and Senior Executives responsible for strategy development and implementation
- Managers and Leaders of marketing, research, operations, HR, and finance functions
- Managers in the planning function
- CEOs, Executive Directors
- Board Members, Committee Members
- Board Secretaries
- Chairs, Committee Chairs
- Specialists in risk management, control, and corporate compliance
- Managers in the internal audit function
Course Outline
DAY 1. Key Principles of Good Governance
- Why is corporate governance a must, not “nice to have”?
- What are the main requirements of sound governance?
- What are the OECD’s important principles of governance?
- What are the most important Governance Committees?
- What are the obstacles and barriers to implementing effective governance?
- The benefits of sound governance
DAY 2. Enterprise Risk Management (ERM) embedded in Corporate Governance Culture
- Fundamental Concepts of Enterprise Risk Management
- Risk Measurement, Risk Standards, Risk Identification and Evaluation
- ERM steps: Identification, Assessment, Mitigation, Monitoring, and Reposting
- Operational, financial, liquidity, legal, systemic, fraudulent, and non-compliance risks
- Risk Control Self-Assessment (RCSA) and Heat Map
- Risk Appetite Framework (RAF)- Risk Appetite Statement (RAS)
DAY 3. Strengthening the Relationship between Risk Management, Compliance & Internal Audit
- Fundamental Differences and the Need for Convergence
- Overlapping: Healthy or Wasteful?
- New Trends in Audit: Risk-based Internal Audit
- How and why audit units move into Risk-based Audit programs?
- Risk-based Compliance: Definition, Responsibilities and Goals
- Risk Appetite: Balancing opportunities & threats
DAY 4. Board Leadership in delivering sound Governance
- Roles and Responsibilities of Board Members
- The role of Non-Executive Directors
- Managing stakeholder relationships
- Developing a strategic planning culture
- Challenging, questioning, learning – driving strategy
- Soft skills are the hardest
DAY 5. Organisational Aims, Sustainable Outcomes, Challenging Convention
- 21st Century challenges
- Balancing People, Planet & Profit
- Building blocks for success: People, Process & Technology
- Using the Balanced Scorecard to support Strategic objectives
- How sustainable is your Business?
- Personal Action Planning
Certificate
- On successful completion of this training course, the ALARDI Africa Certificate will be issued to the participants.
Venue:
Kenya-Nairobi Cost USD 1800
Uganda-Kampala Cost USD 2100
Singapore City, Singapore Cost USD 3500
Dates: 30th November – 4th December 2026
Curriculum
- 1 Section
- 5 Lessons
- 5 Days
- MODULE5
- 1.1DAY 1. Key Principles of Good Governance
- 1.2DAY 2. Enterprise Risk Management (ERM) embedded in Corporate Governance Culture
- 1.3DAY 3. Strengthening the Relationship between Risk Management, Compliance & Internal Audit
- 1.4DAY 4. Board Leadership in delivering sound Governance
- 1.5DAY 5. Organisational Aims, Sustainable Outcomes, Challenging Convention