Strategy Governance for Board

This Petroknowledge Strategy Governance for Board training course is intended for Board Directors and Senior Managers who wish to grapple with good governance and strategic leadership. Sound governance is more than a ‘nice to have’, it delivers better results and outcomes as well as ensuring that regulatory demands are met. Good governance dictates the rules by which management and employees carry out the organisation’s activities. It requires risks to be assessed, procedures to be complied with and an impartial audit function to ensure compliance and deliver improvements.

The Strategy Governance for Board training course highlights the importance of good governance practices for Boards and their relationship with risk management, compliance, and audit. To uphold the pillars of good governance requires sound policies and procedures combined with a supporting leadership culture cascaded throughout the organisation. Delegates attending this training course will learn about theory and good practice. Through case study examples, the practices of excellent organisations will be reviewed. There will be ample opportunity to examine the hard and soft skills needed by leaders in implementing sound strategic governance practices.

This training course will highlight:

• Key principles of Corporate Governance
• Enterprise Risk Management embedded in Governance
• Cooperation between risk, compliance, and internal audit
• The Board’s role and responsibilities
• Delivery of 21st Century Aims and Objectives

At the end of this Strategy Governance for Board training course, you will learn to:

• Demonstrate how the pillars of good governance are achieved
• Understand the elements of Enterprise Risk Management
• Appreciate the importance of links between risk management, compliance, and internal audit
• Recognise the functions and roles held by the Board
• Show how strategy and delivery of key objectives are fundamental to sound governance

The Strategy Governance for Board training course is intended for Senior Staff. It is suitable for a wide range of professionals but will greatly benefit:

• Directors and Senior Executives responsible for strategy development and implementation
• Managers and Leaders of marketing, research, operations, HR, finance functions
• Managers in the planning function
• Specialists in risk management, control, and corporate compliance
• Managers in the internal audit function

This Strategy Governance for Board training course utilizes a range of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. It includes discussions, case studies, presentations and exercises.  The training course leader will make extensive use of real-life case examples. Each session allows you to develop your skills and apply them to your organisation.

What will your organisation gain from employees completing this Strategy Governance for Board training course?

• Stronger corporate governance
• More robust risk management practices
• Audit and compliance functions working in tandem for organisational improvement
• Better relationships with key stakeholders
• Recognition of the value of Non-Executive Directors
• Understanding of how strategy and sustainable objectives form part of corporate governance

Participants will be able to further develop their personal management skills by being:

• Greater understanding of the pillars of corporate governance
• Deeper knowledge of enterprise risk management
• Recognition of the value for linking risk management, compliance, and internal audit
• Greater clarity of the board’s roles and responsibilities, and any sub-committees
• Understanding how strategy forms a key part of governance
• The value of strong corporate governance in meeting regulations and delivering benefits