Description
Why Attend
Leadership training is essential to develop managers who can lead your company to success. The wide range of expectations and challenges faced by modern business leaders calls for an equally wide range of training curricula, including motivation training. Leadership motivation training can focus on the internal motivation of leaders themselves, or on their ability to motivate subordinates to put forth their best efforts.
Corporate governance and risk management on the other hand are critical topics that have recently started attracting more attention in business schools and among legislatures, with this trend only increasing. While there are different models for corporate governance and risk management, all of them aim at organizing the relation between company and stakeholders and controlling risks effectively.
What is more important is the fact that ‘Governance, Risk Management, Compliance and Effective Internal Controls’ are all part of one system. Unfortunately, not all companies have this avant-garde look towards this system.
This course includes discussions about Leadership-governance,motivation,board structure, committees and their functions while covering the detailed process of managing risks as per the Committee of Sponsoring Organizations of the Tread way Commission (COSO) requirements.
In addition, the course includes a discussion on internal controls that are used to respond to the risks in different areas of the corporation. Compliance is also covered per latest developments.
Course Methodology
The course is built on presentations by the instructor and the participants and includes exercises and case studies to be discussed in the training.
Course Objectives
By the end of the course, participants will be able to:
- Define corporate governance and its relation to risk management and internal controls
Discuss the roles and responsibilities of the various stakeholders in a private or public organization
- List the functions of corporate governance and differentiate between the various models
- Identify the areas of risk management and its internal and external environment changes
- Identify the proper controls to be implemented in various business cycles
- Define Ledership and Motivation In Organization,
- Why Motivate Staff to Perform.Why motivate leadership.
Target Audience
All those in leadership,Managers,Directors,Board members, chief financial officers, senior management, directors, finance managers, financial controllers, accounting and finance personnel, legal counsel, corporate legal advisors, corporate secretaries, lawyers, external and internal auditors, HR managers, and department heads.
Target Competencies
- Understating of the board of directors’ structure
- Analyzing board committees
- Improving risk monitoring and control
- Assessing and analyzing risks
- Controlling risks
- Reporting risks
- Advising on the GRC system
Course Outline
Day1 – THE LEADER’S PROFILE – STRATEGIC THINKING & VISIONARY LEADERSHIP
- Essential people skills for effective leadership
- Intrapersonal and interpersonal skills for the innovative leader
- Personality profiling
- Your preferred behavioural style
- Explore your behavioural tendencies
- Understanding the model for innovative leadership
- Removing emotional blindspots
- Appropriate self-disclosure
- Management vs. Leadership
- Critical Leadership Competencies for 21st Century Managers
- Strategic vs. Operational Thinking
- Purpose, Mission and Vision
- The Power of Strategic Vision
- Painting a Picture of the Future – The Power of Graphical Vision
- Stabilizing Vision
- Communicating Vision to the Vision Community
Day 2 – Motivating, Rewarding and Leading Teams
- Why Do People Behave as They Do?
- Powerful Keys to Motivation
- Understanding Passion
- Rapport Mastery
- Deep Needs & Fears
- The Dynamics of Balance
- Inspiring Enthusiasm
- Managing and Leading – Style Flexibility
Day 3 – OVERVIEW OF GOVERNANCE,RISK MANAGEMENT AND INTERNAL CONTROL
- Definition of corporate governance
- The scope of corporate governance
- Essential corporate governance principles
- Code of conduct
- The board of directors
- The audit committee
- Other committees
Day 4 – CGOVERNANCE & RISK MANAGEMENT
Stakeholders in Corporate Governance (CG)
- Stakeholders
- Shareholders rights
- Directors’ duties and rights
- Internal auditors and external auditors
- Risk based decision making
- CG failure effects
- The efficient board
Functions of corporate governance
- Independence of the board
- Selection, remuneration and evaluation of the board
- Analyzing current company’s CG system
- Disclosure and transparency
Risk Management areas
- Strategic
- Operations
- Reporting
- Financial
- Health and safety
Risk management process per COSO guidelines
- Internal environment
- Objectives setting
- Event identification
- Risk assessment
- Risk response
- Control activities
- Information and communication
- Risk monitoring
