Training Course on Risk Management, Control and Compliance (Corporate Governance)

Training Course on Risk Management, Control & Compliance (Corporate Governance)

Introduction

In today's dynamic and increasingly complex global business environment, establishing robust Corporate Governance, effective Risk Management, and unwavering Compliance (GRC) is no longer a best practice it's a fundamental necessity for survival and sustainable success. Organizations face mounting pressure from regulators, investors, customers, and the public to operate ethically, manage risks proactively, and demonstrate resilience. Navigating evolving challenges such as ESG mandates, cybersecurity threats, AI governance, complex supply chains, and heightened regulatory scrutiny requires an integrated and strategic approach to GRC. Training Course on Risk Management, Control & Compliance (Corporate Governance) provides the essential knowledge and practical tools to build and enhance these critical capabilities within your organization.

This program moves beyond siloed functions, emphasizing an integrated GRC framework that aligns risk appetite with strategic objectives, embeds controls within core processes, and fosters a strong culture of ethical conduct and accountability. By understanding the interconnectedness of governance oversight, risk mitigation, and compliance adherence, participants will be empowered to protect organizational value, enhance stakeholder trust, improve decision-making, and build lasting organizational resilience. Prepare to transform your GRC approach from a cost center into a strategic enabler of principled performance and competitive advantage in 2025 and beyond.

Course Duration

5 days

Course Objectives

Upon successful completion of this course, participants will be able to:

1. Understand core GRC principles and leading integrated frameworks Master risk identification, assessment (qualitative/quantitative), and mitigation strategies.
2. Develop and implement effective internal control systems based on the COSO framework.
3. Navigate the complex global and local regulatory environment impacting their industry.
4. Establish and manage robust Compliance Management Systems (CMS) aligned with ISO 37301.
5. Integrate ESG (Environmental, Social, Governance) considerations into GRC and business strategy.
6. Identify and address emerging technology risks, including AI Governance and Cybersecurity Risk.
7. Strengthen corporate governance structures and enhance board oversight effectiveness.
8. Implement effective strategies for Third-Party Risk Management (TPRM) and supply chain resilience.
9. Foster a culture of ethical conduct, integrity, and manage whistleblowing systems
10. Evaluate and leverage GRC technology (RegTech, AI, Automation) for efficiency and insights.
11. Enhance organizational resilience (Operational & Cyber) against disruptions
12. Apply risk-based audit techniques to evaluate the effectiveness of GRC activities.

Organizational Benefits

• Enhanced strategic decision-making aligned with defined risk appetite.
• Improved organizational resilience and business continuity planning.
• Reduced financial losses from fines, penalties, and legal actions.
• Strengthened corporate reputation and stakeholder confidence.
• Increased operational efficiency via streamlined GRC processes.
• Proactive management of critical risks (e.g., cyber, ESG, regulatory changes).
• Cultivation of a strong ethical culture and improved employee integrity.
• Demonstrable compliance with legal, regulatory, and ethical standards.
• Stronger competitive positioning through robust governance practices.

Target Participants

1. Board Members & Directors (Audit, Risk, Governance Committees)
2. C-Suite Executives (CEO, CFO, CRO, CCO, CIO)
3. Risk Managers and Analysts
4. Compliance Officers and Professionals
5. Internal and External Auditors
6. Legal Counsel and Corporate Secretaries
7. IT & Cybersecurity Leaders involved in GRC
8. Senior Finance and Operations Managers

Course Outline

Module 1: Foundations of Integrated GRC

• Defining GRC in the 2025 context.
• Key Frameworks: COSO ERM, ISO 31000, ISO 37000.
• Strategic value of GRC integration.
• Three Lines Model (formerly Three Lines of Defense).
• Case Study: Analyzing GRC Failures and Successes.

Module 2: Corporate Governance Excellence

• Effective board structures and composition.
• Role of Committees (Audit, Risk, Compliance).
• Shareholder rights and stakeholder engagement.
• Executive compensation and ethical leadership.
• Case Study: Comparing Global Corporate Governance Models.

Module 3: Enterprise Risk Management (ERM) in Practice

• Establishing risk context, appetite, and tolerance.
• Risk identification & assessment techniques (Heat Maps, Scenario Analysis).
• Developing risk response & mitigation plans.
• Risk monitoring, KRIs, and reporting.
• Case Study: Implementing an ERM Framework in a Regulated Sector.

Module 4: Building an Effective Compliance Program

• Navigating the regulatory landscape (local & global).
• Designing a Compliance Management System (CMS - ISO 37301).
• Policy management lifecycle.
• Compliance risk assessment and monitoring tools.
• Case Study: Developing a Data Privacy (GDPR/Local Act) Compliance Program.

Module 5: Internal Controls & Fraud Prevention

• COSO Internal Control Framework Deep Dive.
• Designing, implementing, and testing controls.
• Financial reporting controls (SOX relevance).
• Anti-Bribery, Anti-Corruption (ABAC) & Fraud Risk Management.
• Case Study: Dissecting an Internal Control Failure.

Module 6: Managing Emerging & Critical Risks

• Integrating ESG into risk frameworks and reporting.
• Cybersecurity Risk Governance (NIST CSF, ISO 27001).
• AI Governance principles and risk mitigation.
• Third-Party Risk Management (TPRM) best practices.
• Case Study: Responding to a Ransomware Attack or Major Supplier Failure.

Module 7: Assurance, Audit & Reporting

• Role of Internal Audit in GRC assurance.
• Risk-Based GRC auditing methodology.
• Effective reporting to Management and the Board.
• Principles of Integrated Reporting.
• Case Study: Evaluating GRC Audit Program Effectiveness.

Module 8: GRC Technology, Culture & Future-Proofing

• Leveraging GRC/RegTech platforms and automation.
• Building a strong risk-aware and ethical culture.
• Change management for GRC initiatives.
• Horizon scanning: Future GRC trends (Cognitive GRC, Resilience).
• Case Study: Selecting and Implementing GRC Software.

Training Methodology

Our training methodology employs a blend of interactive techniques designed for maximum engagement and practical application:

• Expert-led presentations and lectures.
• Real-world case study analysis and group discussions.
• Interactive workshops and practical exercises.
• Scenario-based problem-solving.
• Peer-to-peer learning and best practice sharing.
• Q&A sessions with experienced GRC professionals.
• Access to comprehensive course materials and resources.

Register as a group from 3 participants for a Discount

Send us an email: info@datastatresearch.org or call +254724527104 

 

Certification

Upon successful completion of this training, participants will be issued with a globally- recognized certificate.

Tailor-Made Course

 We also offer tailor-made courses based on your needs.

Key Notes

a. The participant must be conversant with English.

b. Upon completion of training the participant will be issued with an Authorized Training Certificate

c. Course duration is flexible and the contents can be modified to fit any number of days.

d. The course fee includes facilitation training materials, 2 coffee breaks, buffet lunch and A Certificate upon successful completion of Training.

e. One-year post-training support Consultation and Coaching provided after the course.

f. Payment should be done at least a week before commence of the training, to DATASTAT CONSULTANCY LTD account, as indicated in the invoice so as to enable us prepare better for you.