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Being a Director Part 2_27 August 2015_DBN
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Board's Role in Risk & Strategy

2015/08/27
When: 27 August 2015
Registration strart at 08h30 and course starts promptly at 09h00
Where: Durban Country Club
Masabalala Yengwe Ave
Durban, KwaZulu Natal  4000
South Africa
Contact: 011 035 3000


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Being a Director Part 2

Board's Role in Risk & Strategy 

 

Overview

This one day programme is aimed at equipping aspiring and new directors with insight into the board’s role in risk and strategy. Discussion focuses on the risk that board’s need to understand and manage. It also looks at different business strategy models that can be used in strategic development and alignment of performance to strategies and risks within that business.

 

King Code of Governance principles (King III) 

  • Principle 2.2: The board should appreciate that strategy, risk, performance and sustainability are inseparable 
  • Principle 2.7: The board should be responsible for the governance of risk  


Key focus areas 

  • The board’s role in risk 
  • What is risk and what is the board’s role?
  • Understanding the difference between risk governance and risk management
  • Risk management process including risk assessment, response, monitoring, assurance and reporting 


The board’s role in strategy 

  • Is the business model still relevant and in line with the business strategy?
  • What is strategy and what is the board’s role?
  • Strategic process
  • Building blocks of strategy
  • Competitive advantage
  • Key drivers to strategy
  • Trends to consider (environmental scan)
  • Linking strategy to performance

 

Duration 

1 Full day - 09h00 - 16h30

 

Presentation Fees

Non Member                 R4 889
Member R3 667
Fellow R2 933



 
 

 


 

 

 

 

 


Non Member                     R4 889
Member  R3 667
Fellow  R2 933

Non Member                     R4 889
Member  R3 667
Fellow  R2 933

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