Benchmark Board best-practices on Risk based Decision Making and update to the latest risk thinking.
Overview
The risks facing businesses today are enormous: from geopolitical risks, to social evolution, to technological progress to growth risk to many others. High-quality risk knowledge helps the board to focus on the significant issues facing the organization and to provide adequate risk guidance. Risk awareness and supervision are among the central duties of an effective board yet despite this important risk mission, many boards do not have a systematic risk based decision making approach. As a result, their ability to make critical risk decisions is undermined.
The Boards and Risk Based Decision Making programme is an opportunity for board members to develop this approach and to upgrade to best-in-class risk work while differentiating it from executive risk thinking.
Key benefits
- Identify and assess your organization’s risks.
- Analyze how strategic risk can be assessed and managed.
- Learn how to integrate an effective decision-making framework into your governance, leadership and culture.
- Gain techniques for setting risk appetite.
- Access the risk behaviors of the board and management.
- Make critical decisions related to risk more effectively.
You and your Associates
You are a board member, chairperson, board secretary, aspiring board member or working closely with boards. Regardless of your position, you want to play a more proactive, productive and effective role so you can make a real difference in your boardroom and company. Your fellow participants come from diverse regional organizations and a broad range of industries.