Everything you wanted to know but were afraid to ask...

In an era of increasing concerns regarding reputational risk and with companies under greater scrutiny by their stakeholders (including regulators), boardroom competency in the area of risk management is now seen as a core skill.
 
As part of their role Non-Executive Directors ('NEDs') in particular should exercise independent oversight by positively challenging and asking tough questions about executive decisions.   It is no coincidence that two of the key criteria the Financial Conduct Authority ('FCA') applies in considering the suitability of candidates for NED roles are independent judgement and the relevant skills to challenge executives.  More and more, this involves understanding and shaping the organisation's risk culture enabling the board to examine how risks are managed and decisions are made in order to meet and exceed strategic objectives.

The IRM's Risk in the Boardroom, which is a half-day morning course, gives you a practical overview of what board members and stakeholders need to know about managing business risk and how it is a key element of good corporate governance.  It demonstrates the importance of risk management as a regular, strategically-focused activity - and not merely a compliance-driven add-on. 

Areas covered include:

• The latest trends and developments, particularly those relating to strategic risk management
• A step-by-step walkthrough of risk management, including identification, managing, monitoring and reporting - from a board perspective
• Reference to the relevant frameworks and guides
• An appreciation of concepts such as risk appetite, risk culture and the 'extended enterprise' - based on IRM studies of these areas.

Further details will be coming soon.