Managing Risk in the Boardroom
Duration10'
No. of mini-lessons4
ResourcesTakeaway Tasks
Duration 10'
No. of mini-lessons 4
Resources Takeaway Tasks
Course overview
If your child wants to go skateboarding, as a parent, you’re there to manage the risk. Sure, they could fall off and scrape their knees, but they also might have a fun time. It’s weighing that risk vs. reward which is so crucial.
The company board for the business you own or work for also has to weigh risk and reward on behalf of the business, but obviously on a much bigger scale. They must take risks to make money, but it’s essential to ensure they are calculated and mitigated. This course will explain the role the board has in risk oversight.
What's covered
Differentiating risk management from risk oversight
Distinguishing between risk appetite and risk tolerance
Explaining the role of the board in risk oversight
Why your teams need this course
When it comes to risk oversight, corporate governance is essential to ensure things are as robust as possible. This course, suitable for business owners and leaders, will give an insight into the role NEDs (non-executive directors) and the board as a whole play in risk management oversight.
Accredited by CPD
TalentLibrary is recognized as reaching the standards and benchmarks required by the Continuing Professional Development (CPD) Certification Service.
The CPD Certification Service is the world’s leading and largest independent accreditation organization for professional development courses across all industry sectors.
