Executive Masterclass in Governance and Corporate Affairs Course
Introduction:
This Executive Masterclass in Governance and Corporate Affairs training program is designed to delve deeply into the roles and responsibilities of the Corporate Affairs function and its critical role in governance processes within the corporate sector. The course will explain International Governance Standards and codes, providing insights into how Corporate Governance is measured and benchmarked. Participants will gain comprehensive knowledge of what constitutes Corporate Governance.
In addition, this course offers trainees an in-depth understanding of the GRC (Governance, Risk, and Compliance) framework. It covers the Board-level Governance Framework (Board Governance Framework) and the Assurance and Control Governance Framework at the Executive management level.
Furthermore, the program addresses Effective Organizational Compliance Management, thoroughly discussing essential risk management processes and their evolution into an Integrated Enterprise Risk Management (ERM) framework.
Objectives:
By the end of this course on Executive Masterclass in Governance and Corporate Affairs, participants will be able to:
- Identify the various roles played by the Corporate Affairs function.
- Appreciate the critical importance of Corporate Affairs in governance processes.
- Develop a generic governance model for any organization based on key principles.
- Discuss in detail the three components of the GRC perspective: Governance, Risk, and Compliance.
- Understand the concept of compliance and how to implement an effective compliance program.
- Gain knowledge of Risk Management, including its framework and standard processes.
- Examine models of Governance Assurance and Control employed in a company.
- Explore the Integrated Model of Governance Disclosure & Reporting within an organization.
- Explore the King IV Code for Corporate Governance.
Training Methodology:
- Expert-led lectures
- Case Study Analysis
- Group Discussions
- Interactive Workshops
- Role-play Scenarios
- Peer Learning Sessions
- Self-assessment Exercises
- Real-world Governance Simulations
- Mentorship & Coaching Sessions
- Continuous Evaluation & Feedback
Course Outline:
Unit 1: Corporate Affairs:
- The Context of Corporate Affairs
- Corporate Affair Practices
- Reputation Management/Media Relations
- Government Relations
- Stakeholder Relations/Investor Relations
- Corporate Social Responsibility (CSR)
- Role of Corporate Affairs in Strategic Decision-Making
Unit 2: Corporate Governance:
- What is Corporate Governance?
- The Need for Corporate Governance
- Principles of Good Corporate Governance
- Core Principles
- ‘Plan-Do-Check-Act’ (PDCA) Principles
- The 4 P’s of Corporate Governance
- Corporate Affairs Involvement in Corporate Governance
Unit 3: The GRC (Governance, Risk, and Compliance) Perspective:
- The GRC (Governance, Risk, and Compliance) Perspective
- Compliance and Compliance Management
- Elements of an Effective Compliance Program
- Risk and Risk Management
- Risk Management Framework
- Risk Management Process
- Enterprise Risk Management (ERM)
Unit 4: GRC Assurance, Disclosure, and Reporting:
- Good Governance Standard Framework
- The Three Lines of Defense Model
- Role of Internal Control
- Role of Internal Auditor
- Role of External Audit
- Integrated Reporting Framework
- Corporate Affairs Involvement in GRC
Unit 5: Governance Standard Codes:
- Good Governance Guiding Principles
- King IV Report on Corporate Governance
- King IV Guiding Principles
- King IV Recommended Practices
- Governance Measurement and Benchmarking