Training Corporate Governance & Risk Management for State & Public Sector Organisations

Training Corporate Governance &  Risk Management for State &  Public Sector Organisations

INTRODUCTION

This Corporate Governance & Risk Management for State & Public Sector Organization training course provides you with the latest tools & techniques to apply the corporate governance fundamentals in the public sector. It will assist your organization to have appropriate systems and structures to achieve a high level of organizational performance. It also provides all the participants with a valuable to the implications, and the benefits, which arise from good governance standards and practices.

PROGRAMME OBJECTIVES

• Define the nature, important components and importance of governance and how to achieve it for the state and public sectors
• Identify the requirements of good governance with relevant roles, responsibilities and accountabilities within the state and public sector
• Establish, lead and manage the specialist functions to meet the requirements of current corporate governance codes and standards, and manage the required change and development effectively for the state and public sector
• The role and responsibilities of the Board and those with whom they interact, and Management in implementing good governance principles
• Identify the types of risk for the state and public sectors with a potential impact on corporate governance
• Appreciate the role of risk management in the governance and management of organization
• Conduct Monitor program of risk management policy obligations and risk registers

WHO SHOULD ATTEND?

• Managers in the regulators, state and local government and other key Stakeholders within the public sector
• Business Consultants and professional advisers to the public sector
• Members of Audit and Advisory Committees for public-sector organizations
• Risk and Compliance Managers
• Middle managers who require a more in-depth understanding the concept of governance & Risk Management for state & Public Sector
• Senior Officials in national, provincial and local government
• Staff who support the Board or with a responsibility for governance
• New or aspiring Board members
• Heads of Departments, Directors, Senior Managers, Managers, Company Secretaries, accountants and Finance Professionals responsible for Governance & Risk Management
• Executives and Senior Officials of state-owned companies, and as well listed, non-listed organizations

PROGRAM OUTLINE

Overview of Public Sector Governance

• • An Overview of the International Governance Trends
  • The Batho Pele Principles
  • What is public sector governance?
  • The Principles of Good Governance
  • The Governance Framework
  • The Reason Governance is Important
  • The Similarities and Differences with the Private Sector
  • Guidelines and Documentation
  • Code of Practice for the Governance of State Bodies

Establish Good Governance 

• • Approaches for Building Better Governance
  • Processioning of Right Decision: The Right People at the Right Time
  • Reviewing Governance Arrangement
  • Detection of Fraud and Anti-corruption Measures
  • Compliance Function in Your Organization
  • The Role of a Board / Top Management
  • Effective Processes
  • Receiving Assurance
  • The Audit Process & Audit Committee

The Basic Building Blocks of Public Governance 

• • Tone at the Top
  • An Ethical and Values-based Culture
  • Establish an Appropriate Governance Committee Structures
  • Relationships, Culture and Communication between Departments and State Bodies
  • Statement of Internal Financial Controls
  • Contents of an External Assessment
  • Clear Accountability Mechanisms
  • Relationships with External Stakeholders
  • Working Effectively Across Organizational Boundaries 

Comprehensive Risk Management, Compliance and Assurance Systems

• • Identification of Risk, Prioritizing, Scoring, and Managing Risks
  • Role of Risk Management
  • Risk Management Principles and Process
  • Risk Tolerance and Other Management Approaches
  • Compliance Requirements and Decision-making Tools
  • Implications for Governance and Controls
  • Monitoring and Reporting
  • Implications for the Audit and Governance Arrangements
  • Comprehensive and Flexible Systems

Strategic Planning, Performance Monitoring and Evaluation

• Strategic Planning and Review Mechanisms
• Role of Board Committees
• Workings of the Nomination, Remuneration and Audit Committees
• Performance Monitoring and Evaluation
• Other Board Committees
• Holding Board Committees to Account
• Principles-based Rather than Rule-driven