An Interactive 5-Day Training Course
Strategy Governance for Board
Deriving benefit from Strong Corporate Governance
Course Overview
This GLOMACS 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 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 Strategy Governance for Board 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
Training Outline
DAY 1: Key Principles of Good Governance
- Why is corporate governance a must, not “nice to have”?
- What are the main requirements of a sound governance?
- What are the OECD’s important principles of governance?
- What are the most important Governance Committees?
- What are the obstacles and barriers to implement effective governance?
- The benefits of sound governance
DAY 2: Enterprise Risk Management (ERM) embedded in Corporate Governance Culture
- Fundamental Concepts of Enterprise Risk Management
- Risk Measurement, Risk Standards, Risk Identification and Evaluation
- ERM steps: Identification, Assessment, Mitigation, Monitoring, and Reposting
- Operational, financial, liquidity, legal, systemic, fraudulent, and non-compliance risks
- Risk Control Self-Assessment (RCSA) and Heat Map
- Risk Appetite Framework (RAF)- Risk Appetite Statement (RAS)
DAY 3: Strengthening the Relationship between Risk Management, Compliance & Internal Audit
- Fundamental Differences and the Need for Convergence
- Overlapping: Healthy or Wasteful?
- New Trends in Audit: Risk-based Internal Audit
- How and why audit units move into Risk-based Audit programs?
- Risk-based Compliance: Definition, Responsibilities and Goals
- Risk Appetite: Balancing opportunities & threats
DAY 4: Board Leadership in delivering sound Governance
- Roles and Responsibilities of Board Members
- The role of Non-Executive Directors
- Managing stakeholder relationships
- Developing a strategic planning culture
- Challenging, questioning, learning – driving strategy
- Soft skills are the hardest
DAY 5: Organisational Aims, Sustainable Outcomes, Challenging Convention
- 21st Century challenges
- Balancing People, Planet & Profit
- Building blocks for success: People, Process & Technology
- Using the Balanced Scorecard to support Strategic objectives
- How sustainable is your Business?
- Personal Action Planning
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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