Governance with Risk Management and Compliance GRC

Overview:

Introduction:

This training program provides participants with comprehensive knowledge and skills in Governance, Risk Management, and Compliance (GRC), focusing on how to integrate these elements to enhance organizational performance and sustainability. It empowers participants to build resilient governance structures, manage risks effectively, and ensure compliance with legal and ethical standards.

Program Objectives:

By the end of this program, participants will be able to:

• Understand and apply GRC principles to improve organizational governance.

• Develop risk management strategies to mitigate organizational risks.

• Build a robust compliance management framework.

• Align GRC strategies with business objectives for improved decision-making.

• Foster a culture of transparency, accountability, and continuous improvement.

Targeted Audience:

• Corporate Governance Officers.

• Risk Management Professionals.

• Compliance Officers.

• Senior Executives and Managers.

• Internal Auditors.

• Legal and Regulatory Affairs Professionals.

Program Outline:

Unit 1:

Introduction to GRC Framework:

• Understanding the GRC model and its components.

• The importance of governance in organizational success.

• Essentials of risk management: identifying, assessing, and mitigating risks.

• The role of compliance in maintaining legal and ethical standards.

• Aligning GRC with strategic business objectives.

Unit 2:

Governance Best Practices:

• Establishing an effective governance structure.

• Roles of the board, executives, and senior management in governance.

• Ensuring transparency, accountability, and integrity in decision-making.

• The influence of governance on corporate culture and values.

Unit 3:

Risk Management Strategies:

• Comprehensive risk identification and analysis techniques.

• Developing and implementing risk mitigation strategies.

• Risk management tools and methodologies for continuous monitoring.

• Case study: Integrating risk management into operational processes.

• Building an organization-wide risk-aware culture.

Unit 4:

Compliance Management:

• Key legal, regulatory, and industry compliance requirements.

• Developing and maintaining a compliance management program.

• The role of compliance audits in reducing risks.

• Ethical considerations in compliance management.

Unit 5:

Integrating GRC for Organizational Success:

• The benefits of an integrated GRC framework.

• Overcoming challenges in implementing GRC systems.

• Strategies for ensuring continuous improvement in GRC.

• Developing policies and procedures for effective GRC integration.

• Creating a sustainable GRC culture within the organization.