The Governance dynamic is quite straightforward in that it suggests organisations take risks that are acceptable to their stakeholders. This means high-risk ventures are meant to provide the high returns and a sustainable business that stakeholders are seeking and vice versa for low risk, low return strategies. If the board and management are open and honest about the way they implement this equation, then all is well.
But where this breaks down, there will be problems – where business risks are not properly managed there may be scandals. You need only type ‘Corporate Scandals’ into the internet for a huge stream of old and newer cases that you can explore. The scariest thing you will find is that corporate scandals, negligence, oversights, violations, safety lapses, cover-ups, misreporting, misrepresentation, fraud, cyber-breaches, wrongdoings, abuse and outright immorality is still with us in large, medium and smaller organizations in just about all sectors, with new cases popping up in the press almost every day.
This eGuide will be useful for:
- Managers and supervisors.
- Support teams.
- All frontline employees.
- Anyone who needs to know more about the governance, risk and control debate.
It applies to all business sectors; public, private and not-for-profit organisations – globally.
This eGuide aims to give you an insight into how you can play a part in ensuring good governance and is split into two parts.
For those who want an introductory briefing this will take you swiftly through the specially prepared Template, after which you can simply stop.
This provides a formal introduction to the topic based around each part of your Template. There are also a few ‘Read On If You Want More Details’ pages, which you can explore or just skim through. The Part Two Tutorial covers the following:
- Exploring Governance, Risk and Control.
- Three Lines of Defence.
- First Line of Defence in Action.
- Gaining and Giving Management Assurances.
It should take around an hour or so to complete the course depending on how many extra notes you wish to study. Some of the Key Features of the eGuide are:
- Detailed Case studies and worked examples.
- Many short exercises.
- Specially designed models and checklists.
- A range of further information pages that you may explore.
- Several practical examples.
- Notes on designing procedures.
- Up-to-date guidance.
- Introduces your Ten Risk Mitigation options.
- Convenient and easy to access PDF format.
This eGuide has been prepared by an experienced training consultant, who has written several books on this, and related topics.
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