Course Overview:
This course equips professionals with essential skills in governance, risk management, and compliance (GRC) to ensure organizational integrity, accountability, and sustainable performance. Participants will learn how to design and implement effective GRC frameworks, identify and manage risks, comply with regulatory requirements, and foster a culture of ethical behavior. The course combines theoretical insights with practical tools to develop competencies necessary for robust corporate governance and risk mitigation.
Course Objectives:
By the end of this course, participants will be able to:
- Understand the principles and components of governance, risk management, and compliance.
- Design and implement effective GRC frameworks aligned with organizational goals.
- Identify and assess risks across business functions.
- Develop and enforce compliance programs to meet legal and regulatory obligations.
- Promote ethical behavior and accountability within the organization.
- Utilize risk management tools and compliance monitoring techniques.
- Communicate GRC issues effectively to stakeholders and leadership.
Who Should Attend:
- Governance and Compliance Officers
- Risk Managers and Auditors
- Corporate Executives and Board Members
- Legal and Regulatory Affairs Professionals
- Internal Control and Assurance Specialists
- Operational Managers and Project Leaders
- Consultants specializing in governance, risk, or compliance
Course Outline:
Introduction to Governance, Risk Management & Compliance (GRC)
- Overview of GRC concepts and interrelationships
- Importance of GRC in today’s business environment
- Key standards and frameworks (COSO, ISO 31000, ISO 19600)
Corporate Governance Principles & Practices
- Roles and responsibilities of the board and management
- Governance structures and policies
- Ethical leadership and organizational culture
Risk Management Fundamentals
- Risk identification, assessment, and prioritization
- Risk mitigation and treatment strategies
- Monitoring and reporting risks
Compliance Management
- Regulatory environment and compliance requirements
- Designing and implementing compliance programs
- Compliance audits and monitoring mechanisms
Integrating GRC Frameworks
- Building an integrated GRC model
- Aligning GRC with business strategy and objectives
- Technology tools supporting GRC processes
Ethics, Accountability & Culture
- Fostering a culture of compliance and integrity
- Whistleblowing and ethical reporting mechanisms
- Managing conflicts of interest
Communication & Reporting in GRC
- Reporting GRC issues to stakeholders and boards
- Effective communication strategies for GRC topics
- Documentation and record-keeping best practices
Practical Workshops & Case Studies
- Developing a GRC framework for a sample organization
- Risk assessment and compliance audit exercises
- Case studies on governance failures and successes