⚖️ GOVERNANCE & COMPLIANCE TRAINING PROGRAMS
COMPREHENSIVE GOVERNANCE & RISK MANAGEMENT SUITE
Professional Training Programs for Governance Excellence and Compliance
Focus Areas: Enterprise Risk Management • Corporate Governance • Compliance Frameworks • ISO Standards • Operational Risk
INTRODUCTION
Risk management has evolved into a critical organizational capability that determines business sustainability and competitive advantage in today’s volatile business environment. This comprehensive triple workshop series is designed to provide a complete understanding and practical implementation of modern risk management frameworks. The program covers Enterprise Risk Management (ERM), Operational Risk Management (ORM), Risk and Control Self-Assessment (RCSA), and ISO 31000 international standards. Through a structured approach of board-level briefings, senior management workshops, and hands-on training for risk practitioners, this program ensures organization-wide risk management competency development. The program addresses emerging risk areas including social media and artificial intelligence risks, preparing organizations for future challenges while building strong risk management culture and governance frameworks.
PROGRAMME OBJECTIVE
Upon successful completion of this comprehensive training series, participants will understand the essentials of risk management including key concepts and terminologies related to ERM, ORM, RCSA, and ISO 31000. They will develop competency to implement ERM frameworks tailored to their organization’s specific needs and conduct comprehensive ORM processes to identify and assess operational risks with effective mitigation strategies. Participants will master the facilitation of RCSA sessions to analyze risks and controls within processes while identifying improvement opportunities. They will understand and apply ISO 31000 principles to enhance risk management practices in government-controlled entities and develop a comprehensive risk management culture within their organizations. The program emphasizes practical application and immediate implementation of learned concepts.
MODULE 1: INTRODUCTION TO RISK MANAGEMENT
- Overview of risk management principles and strategic importance
- Types of risk: strategic, operational, financial, and compliance risks
- Key terminologies and definitions: ERM, ORM, RCSA, ISO 31000
- Risk management evolution and current best practices
- Regulatory requirements and compliance frameworks
- Risk appetite and tolerance level establishment
- Risk governance structures and accountability frameworks
- Integration with organizational strategy and operations
MODULE 2: ENTERPRISE RISK MANAGEMENT (ERM) FRAMEWORK
Understanding ERM and Its Components
- ERM framework design and implementation methodology
- Risk identification techniques and comprehensive risk registers
- Risk assessment and prioritization methodologies
- Risk response strategies: avoid, transfer, mitigate, accept
- Risk monitoring and reporting mechanisms
- ERM integration with business planning and decision-making
- Board and senior management oversight responsibilities
Steps to Implement ERM Framework
- Organizational risk culture assessment and development
- Risk management policy and procedure development
- Risk governance structure establishment
- Risk assessment methodology and tools implementation
- Risk reporting and communication systems
- Performance measurement and continuous improvement
- Training and competency development programs
Case Study: Successful ERM Implementation
- Government entity ERM implementation analysis
- Lessons learned and best practices identification
- Common implementation challenges and solutions
- Measurement of ERM effectiveness and ROI
MODULE 3: OPERATIONAL RISK MANAGEMENT (ORM)
Definition and Objectives of ORM
- Operational risk categories and classification systems
- Process-based risk identification methodologies
- Human error and system failure risk assessment
- External event and regulatory change risk evaluation
- Operational risk appetite and tolerance frameworks
- Key Risk Indicators (KRIs) development and monitoring
ORM Processes: Identification, Assessment, and Mitigation
- Risk and control matrices development
- Control effectiveness testing and validation
- Risk scenario analysis and stress testing
- Operational loss data collection and analysis
- Mitigation strategy development and implementation
- Business continuity and disaster recovery planning
Tools and Techniques for ORM Effectiveness
- Risk assessment software and technology solutions
- Process mapping and workflow analysis tools
- Control testing and validation methodologies
- Incident reporting and management systems
- Performance dashboards and risk reporting tools
MODULE 4: RISK AND CONTROL SELF-ASSESSMENT (RCSA)
Understanding RCSA: Purpose and Methodology
- RCSA framework design and implementation principles
- Self-assessment questionnaire development
- Risk identification and control evaluation processes
- Facilitated workshop design and execution
- Stakeholder engagement and participation strategies
- Documentation and reporting requirements
Conducting RCSA Workshop: Practical Exercise
- Workshop planning and preparation activities
- Facilitation techniques and group management
- Risk scenario development and evaluation
- Control gap identification and prioritization
- Action plan development and responsibility assignment
- Follow-up and monitoring procedures
Analyzing Results and Implementing Improvements
- RCSA data analysis and trend identification
- Risk heat map development and visualization
- Control enhancement recommendations
- Implementation timeline and resource planning
- Progress monitoring and effectiveness measurement
MODULE 5: ISO 31000 PRINCIPLES AND GUIDELINES
Overview of ISO 31000 Principles
- Risk management principles and framework overview
- Integration with organizational governance and strategy
- Customization for organizational context and culture
- Continuous improvement and learning mechanisms
- Stakeholder involvement and communication requirements
- Evidence-based decision making and risk-informed choices
Integration with Existing Processes
- Risk management process integration methodology
- Existing system assessment and gap analysis
- Implementation roadmap and change management
- Training and competency development requirements
- Performance measurement and evaluation systems
- Certification and compliance considerations
MODULE 6: RISK MANAGEMENT CULTURE DEVELOPMENT
- Risk culture assessment and maturity evaluation
- Creating risk-aware organizational culture
- Leadership commitment and tone at the top
- Employee engagement and risk ownership development
- Communication strategies and risk awareness programs
- Incentive alignment and performance measurement
- Continuous learning and improvement culture
- Risk culture monitoring and measurement tools
MODULE 7: EMERGING RISK AREAS
Social Media Risk Management
- Social media risk identification and assessment
- Reputation and brand risk management
- Crisis communication and response strategies
- Monitoring tools and early warning systems
- Policy development and employee training
- Legal and regulatory compliance considerations
Artificial Intelligence Risk Management
- AI-related risk categories and assessment frameworks
- Algorithmic bias and ethical AI considerations
- Data privacy and security risk management
- Regulatory compliance and governance requirements
- AI risk monitoring and control mechanisms
- Emerging AI technologies and future risk scenarios
MODULE 8: IMPLEMENTATION NEXT STEPS
- Organization-specific implementation roadmap development
- Resource allocation and budget planning
- Timeline development and milestone tracking
- Change management and stakeholder engagement
- Training and competency development programs
- Performance measurement and success criteria
- Continuous improvement and evolution strategies
- External support and consulting requirements
METHODOLOGY
- Case Studies: Real-world risk management scenarios and implementation examples
- Hands-on Workshop Sessions: Interactive exercises and practical applications
- Risk Assessment Tools: Multiple applications of risk frameworks and methodologies
- Facilitated Discussions: Collaborative learning and experience sharing
- Practical Demonstrations: Live risk assessment and RCSA facilitation
- Implementation Planning: Organization-specific roadmap development
TARGET AUDIENCE
- Board of Directors and Independent Directors
- Chairman and Board Committee Members
- Audit Committee and Risk Committee Members
- External Board Advisors and Consultants
- Chief Executive Officers and Managing Directors
- Chief Risk Officers and Chief Compliance Officers
- Senior Vice Presidents and Division Heads
- Department Heads and General Managers
- Risk Management Officers and Analysts
- Internal Auditors and Compliance Officers
- Quality Assurance and Process Improvement Teams
- Risk Champions and Coordinators
Programme Schedule in HDRF Format:
| Workshop | Duration | Target Audience | Key Modules |
|---|---|---|---|
| Workshop 1 | 2 Hours | Board of Directors | Modules 1, 2, 5, 8 |
| Workshop 2 | 2 Hours | Senior Management | Modules 1, 3, 4, 6 |
| Workshop 3 | Full Day | Risk Management Team | All 8 Modules (Comprehensive) |
Full Day Workshop Schedule:
| Time | Module Content | Method |
|---|---|---|
| 0900 | Module 1: Introduction to Risk Management | Interactive Presentation |
| 1030 | Coffee Break | |
| 1100 | Module 2: Understanding ERM Framework | Case Study Analysis |
| 1300 | Lunch Break | |
| 1400 | Module 3: Operational Risk Management | Hands-on Workshop |
| 1530 | Tea Break | |
| 1600 | Modules 4-8: RCSA, ISO31000, Implementation | Practical Application |
| 1700 | End of Session | |
INTRODUCTION
Corporate governance forms the foundation of business integrity, transparency, and sustainable value creation in modern organizations. This comprehensive program is designed based on the Brunei Corporate Governance Code 2014, providing participants with fundamental understanding of governance principles and practical implementation strategies. The program addresses the evolving landscape of corporate governance requirements, focusing on duties and responsibilities of senior management, board effectiveness, and stakeholder management. Through case study analysis and practical workshops, participants will develop competencies in identifying governance gaps, establishing corrective action frameworks, and implementing best practices that ensure organizational compliance and ethical business conduct while enhancing long-term sustainability and stakeholder value.
PROGRAMME OBJECTIVE
Upon successful completion of this training, participants will understand fundamental principles and rationale for good corporate governance, enabling them to establish frameworks that ensure business sustainability and stakeholder value creation. They will develop expertise in working with the Corporate Governance Code of Brunei 2014, understanding both general principles applicable to all companies and specific requirements for public companies. Participants will master the establishment of systems and processes that ensure best practices of corporate governance are applied consistently throughout the organization. The program emphasizes practical application through case study analysis, enabling participants to identify governance gaps, establish responsibilities for corrective action, and prepare advisory reports that improve decision-making based on corporate governance best practices.
MODULE 1: UNDERSTANDING CORPORATE GOVERNANCE AND THE TEN PRINCIPLES
Fundamental Corporate Governance Principles
- Definition and scope of corporate governance
- Historical evolution and regulatory development
- Stakeholder theory and shareholder primacy balance
- Economic and social value creation through governance
- International best practices and comparative analysis
- ESG integration and sustainable governance frameworks
Duties of Senior Management
- Fiduciary duties and legal responsibilities
- Duty of care and prudent business judgment
- Duty of loyalty and conflict of interest management
- Strategic oversight and performance monitoring
- Risk management and internal control responsibilities
- Succession planning and talent development
Duties to the Company and Third Parties
- Corporate compliance and regulatory obligations
- Stakeholder engagement and communication responsibilities
- Transparency and disclosure requirements
- Environmental and social responsibility obligations
- Customer protection and fair dealing principles
- Supplier and vendor relationship management
MODULE 2: THE BRUNEI CODE FOR ALL COMPANIES
- Principle 1: Board leadership and company purpose
- Principle 2: Division of responsibilities between chairman and CEO
- Principle 3: Board composition and independence
- Principle 4: Board appointments and succession planning
- Principle 5: Information, support and professional development
- Principle 6: Board evaluation and effectiveness
- Principle 7: Risk management and internal control
- Principle 8: Remuneration policies and practices
- Principle 9: Stakeholder engagement and communication
- Principle 10: Board monitoring and reporting
MODULE 3: THE BRUNEI CODE FOR PUBLIC COMPANIES
Board Committees and Structure
- Audit Committee establishment and responsibilities
- Nomination Committee role and composition
- Remuneration Committee functions and authority
- Risk Committee establishment and oversight
- Committee charter development and review
- Committee reporting and accountability mechanisms
Periodic Review and Appraisal
- Board performance evaluation frameworks
- Individual director assessment processes
- Committee effectiveness reviews
- External board evaluation considerations
- Performance improvement action planning
- Continuous development and training programs
Stakeholder Management
- Stakeholder identification and mapping
- Engagement strategies and communication plans
- Shareholder rights and protection mechanisms
- Community and environmental stakeholder considerations
- Conflict resolution and dispute management
- Stakeholder feedback integration processes
MODULE 4: CORPORATE GOVERNANCE CASE STUDY ANALYSIS
Identifying Corporate Governance Gaps
- Governance assessment methodologies and tools
- Gap analysis frameworks and evaluation criteria
- Risk-based governance review approaches
- Benchmark comparison and best practice identification
- Stakeholder feedback and perception analysis
- Regulatory compliance assessment procedures
Establishing Responsibilities for Corrective Action
- Action plan development and prioritization
- Responsibility assignment and accountability frameworks
- Timeline establishment and milestone tracking
- Resource allocation and budget considerations
- Progress monitoring and reporting mechanisms
- Change management and communication strategies
Preparing Advisory Reports for Corporate Governance
- Report structure and content development
- Executive summary and key findings presentation
- Recommendation formulation and justification
- Implementation roadmap and timeline development
- Risk assessment and mitigation strategies
- Success metrics and performance indicators
METHODOLOGY
- Interactive Lectures: Comprehensive coverage of governance principles and requirements
- Case Study Analysis: Real-world governance scenarios and practical applications
- Workshop Exercises: Hands-on governance assessment and improvement planning
- Group Discussions: Collaborative problem-solving and experience sharing
- Best Practice Sharing: International and regional governance examples
- Assessment Tools: Governance evaluation frameworks and templates
TARGET AUDIENCE
This program is designed for:
- Board of Directors and Independent Directors
- Senior Management and C-Suite Executives
- Company Secretaries and Governance Professionals
- Legal Counsel and Compliance Officers
- Internal Auditors and Risk Management Professionals
- Regulatory and Government Officials
- Corporate Governance Consultants and Advisors
- Academic Researchers and Policy Makers
Programme Schedule in HDRF Format:
| Time | Module Content | Duration | Method |
|---|---|---|---|
| 0900 | Module 1: Corporate Governance Ten Principles | 1.5 hours | Interactive Lecture |
| 1030 | Coffee Break | ||
| 1045 | Module 2: Brunei Code Implementation | 1 hour | Workshop Discussion |
| 1145 | Module 3: Public Company Requirements | 45 minutes | Case Study Review |
| 1230 | Lunch Break | ||
| 1330 | Module 4: Governance Case Study Analysis | 1.5 hours | Practical Workshop |