An Interactive 5-Day Training Course
Leading with Governance, Risk and Compliance (GRC): Strategy, Risk and Control
Enhancing Corporate Strategy and Efficiency Through GRC
Course Overview
In today’s dynamic business environment, organisations face heightened expectations for transparency, accountability, and performance. To meet these challenges, an integrated approach to Governance, Risk Management, and Compliance (GRC) has become essential for strategic success. This training course, Leading with Governance, Risk and Compliance (GRC): Strategy, Risk and Control, offers professionals the insights and tools required to embed effective GRC frameworks into their organisations, aligning risk resilience with strategic objectives.
Participants will explore the interconnectivity between corporate governance, enterprise risk management, and internal control systems, moving beyond regulatory compliance to achieve organisational excellence. Through case studies, simulations, and interactive learning, this training course equips leaders with practical strategies to strengthen decision-making, enhance operational performance, and safeguard long-term institutional value.
Key Highlights
- Integration of GRC into strategic planning and performance management
- Hands-on application of global standards such as COSO and OECD
- Sector-customised case studies from banking, public sector, and services
- Use of data analytics and scenario planning for enhanced risk assessment
- Emphasis on ESG, digital transformation, and sustainability governance
Training Outline
DAY 1: Foundations of Corporate Governance and Theoretical Framework
- Introduction to Corporate Governance: Definition, importance, and historical development
- Basic Governance Principles: Transparency, accountability, responsibility, and fairness
- Stakeholders and Relationship Management: Identifying and classifying stakeholders and managing their expectations
- Legal and Regulatory Framework: Local and international laws and regulations governing governance
- Board of Directors and its Role in Governance: Formation, responsibilities, and effectiveness
- Specialized Committees: Audit committee, risk committee, and compensation and nomination committees
- International Governance Standards: OECD standards, Basel standards, and global best practices
DAY 2: Risk Management - Foundations and Application
- Risk Concept and Types: Risk definition and classification
- Integrated Risk Management Framework: Framework components and implementation phases
- Risk Identification and Assessment
- Risk Matrix: Risk visualization and analysis tools
- Risk Treatment Strategies
- Risk Reporting and Communication: Preparing effective reports for senior management and board of directors
- Applied case study on liquidity and credit risk management: Application in the banking and financial sector (Silicon Valley Bank case)
DAY 3: Internal Control and Control Systems
- Internal Control Concept and Objectives: Definition, objectives, and basic components
- COSO Framework for Internal Control: The five components and their practical application
- Control Environment and Institutional Culture: Building a culture of control and integrity in the organization
- Risk Assessment in the Context of Internal Control: Linking risk assessment with control activities
- Control Activities and Controls: Designing and implementing preventive, detective, and corrective controls
- Information and Communication Systems: The role of technology in enhancing internal control effectiveness
- Monitoring and Continuous Assessment: Mechanisms for monitoring the effectiveness of internal control systems
DAY 4: Strategic Integration and Practical Application
- Three Lines of Defense Model: Applying the model in various organizations
- Integration between Governance, Risk Management, and Control: Building a unified strategic framework
- Governance Risk Management: Identifying and managing risks associated with weak governance
- Leadership Role in Enhancing the Integrated Framework: Leading by example and changing management
- Performance Measurement and Success Indicators: Developing comprehensive performance indicators for the integrated framework
- Applied Case Studies: Analyzing real cases from various sectors
DAY 5: Advanced Application and Future Development
- Corporate Governance Maturity Assessment: Tools and indicators for measuring governance system effectiveness
- Key Risk Indicators (KRIs): Developing and implementing early warning indicators
- Internal Audit and its Role in Control: The relationship between internal audit and control systems
- Digital Transformation and its Impact on Governance: Using technology to enhance governance and control systems
- Environmental and Social Governance (ESG): Integrating sustainability standards into the governance framework
- Group Workshop: Developing solutions to real challenges faced by participants
Certificates
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Accreditation
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
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