The British Academy for Training and Development presents this comprehensive training program on "Governance, Risk Management, and Compliance (GRC)", which aims to build participants’ capabilities in designing and implementing effective governance systems, developing advanced risk management mechanisms, and ensuring compliance with local and international standards and regulations.

The program focuses on both theoretical and practical aspects by addressing the latest trends and developments in the GRC field. It provides tools and techniques that help participants translate concepts into effective practices that enhance institutional performance and mitigate potential threats.
In addition, the program offers a realistic analysis of the roles of boards of directors, audit and risk committees, and the interactive relationship between governance, risk, and compliance in supporting strategic decision-making within organizations.

Target Audience

• Governance and Risk Managers: Responsible for implementing governance and risk management strategies.

• Executives: Who need to understand how governance and risk are managed within their institutions.

• Compliance Officers: Professionals working in compliance and internal audit functions.

• Consultants: Who provide advisory services in governance and risk-related areas.

• Anyone who finds the need for this course and wishes to develop their skills and expertise.

Program Objectives

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

• Understand the concept of governance: Define governance and recognize its importance in ensuring organizational stability and success.

• Manage enterprise risk: Learn how to identify and assess risks within an organization and develop strategies to manage them.

• Ensure compliance with legal and regulatory standards: Strengthen the ability to implement policies and controls to ensure compliance.

• Effectively analyze risk and compliance: Learn how to address challenges arising from risk and compliance and achieve a proper balance.

• Respond to crises and emergencies: Develop strategies to manage crises related to governance, risk, and compliance.

• Review and evaluate internal systems: Enhance and assess the effectiveness of governance, risk, and compliance-related policies and systems.

• Introduction to Governance, Risk Management, and Compliance:

• Definition of governance: Frameworks and core concepts of good governance and its role in improving organizational performance.

• Interaction between governance, risk, and compliance: How governance contributes to risk reduction and ensures compliance.

• Types of governance: Corporate governance, environmental governance, financial governance, and organizational governance.

• Corporate Governance and Stakeholders’ Roles:

• Principles of corporate governance: Transparency, accountability, fairness, and responsibility.

• Governing bodies: The roles of boards of directors, executive committees, and managers in implementing good governance.

• Applying governance in organizations: How to design and implement governance policies.

• Ethics in governance: Ensuring governance practices align with professional ethics.

• Enterprise Risk Management:

• Definition of enterprise risks: Types of risks (financial, operational, legal, reputational, strategic).

• The risk management process: Identifying, analyzing, evaluating, and formulating response strategies.

• Risk management tools and techniques: Including scenario analysis, impact assessments, and decision trees.

• Risk mitigation strategies: Avoidance, reduction, transfer, and acceptance of risks.

• Compliance with Legal and Regulatory Standards:

• Core concepts of compliance: The role of compliance in meeting local and international standards.

• Relevant laws and regulations: Data protection laws, anti-corruption laws, anti-money laundering, quality standards, etc.

• Compliance mechanisms: Developing institutional compliance systems and policies.

• Internal auditing and compliance: The importance of internal audit in ensuring regulatory adherence.

• Integrating GRC into Organizational Strategy:

• Integration of governance, risk, and compliance: How to embed GRC within organizational strategy.

• GRC framework: Building a structure that supports goal achievement while maintaining compliance and managing risks.

• The role of leadership in promoting governance: How leadership can encourage the implementation of good governance and ensure compliance.

• Crisis and Emergency Management:

• Crisis management: The impact of crises on governance and risk, and strategies for managing them.

• Emergency planning: How to develop and implement contingency plans for effective crisis response.

• Crisis communication: How to communicate with stakeholders and the public during crises.

• Case Studies and Real-Life Scenario Analysis:

• Real-world case studies: Analysis of successful and failed applications of GRC in various institutions.

• Learning from mistakes: How organizations can avoid recurring risk and compliance failures.

• Practical discussions: Applying what was learned to real-world institutional problems and scenarios.