Strategic Management of Corporate Governance

Overview:

What is a risky decision? How do you size up a risk's impact? How do you hold reckless risk-takers accountable?

Most managers and executives cannot answer these tough questions even though risk management is a key aspect of every manager's job. Universally, decision-makers are inadequately trained on how to deal with risk, so most major risks go undetected.

This session provides the leaders or advocates of an organization with some tools and capabilities to establish a companywide strategy that detects risk because it is predefined. Then, once employees are trained and equipped with tools, risk can be measured, monitored, and mitigated by front-line employees.

Why should you Attend: Are you worried about any of these in your organization:

• Little or no follow-up on risks faced?
• Risky decisions and reckless actions?
• Not being innovative and becoming irrelevant?
• An overreliance on expensive insurance?
• A widespread belief that risk does not exist?

Areas Covered in the Session:

• Fallacy that insurance selection is risk management
• Impact of cultural norms on risk awareness
• What a firm-wide risk management program looks like
• Six step strategy for developing a firm-wide risk management program
• Leadership's responsibility towards managing the company's risk appetite

Who Will Benefit:

• CFOs and Controllers
• CEOs and COOs
• Senior managers in a for profit business
• Members of a Board of Directors
• Auditors (internal and external)
• Business owners in a for-profit business
• Directors and senior managers in a not-for-profit or NGO

Speaker Profile
Ron Rael, CPA and CGMA is a leadership consultant, professional facilitator, and coach to leadership teams. He has provided hands-on guidance to both experienced and emerging leaders since 1988. His extensive wisdom and practical solutions, contained in his 18 books and nearly 50 webinars, provide both strategies and tactics for organizational success.